forex markets

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Forex Review – Dollar rises on risk aversion; euro drops on Spain debt concerns

Posted on April 13, 2012 8:04 pm GMT

The dollar extended gains in the US trading session due to risk aversion arising from China growth concerns and renewed fears over the euro zone debt crisis. Markets were cautious going into the weekend.
The euro fell sharply due to a […]

Forex Market Review – EURUSD breaks past $1.34

Posted on February 24, 2012 2:05 pm GMT

The euro rose to a new 2-1/2 month high against the dollar, and 3-1/2 high against yen during the European session this Friday as market sentiment was lifted by optimism ahead of a liquidity injection by the European Central Bank […]

Forex Market Review – Euro bounces on Greek debt optimism, then falls after US GDP

Posted on January 27, 2012 1:58 pm GMT

Euro bounced back in European trading, heading for a second weekly gain versus the dollar and yen as optimism for an easing to the euro zone debt crisis is building up after some positive news today. First, the Italian Treasury […]