Posted on March 2, 2012 8:55 pm GMT
The euro is down almost 2 percent against the dollar this week, its worst performance since the middle of December. After reaching a two-and-a-half-month high earlier in the week following a cash injection by the European Central Bank, through a […]
Posted on June 23, 2011 1:37 am GMT
The British currency dropped to a 2 and a half month low in today’s Asian session, falling to a low of 1.6025as the Bank of England hinted towards a chance of further stimulus, where as the US Federal Reserve has […]
Posted on June 17, 2011 1:11 pm GMT
The European session saw the Euro rally over 140 pips, from a session open of 1.4139 to peak at 1.4288. The single currency moved in a one way motion throughout the session as it made a failure swing and formed […]
Posted on May 19, 2011 1:01 pm GMT
The Euro this session has been trading around its 55-day average of around 1.4260, a point at which it appears to have struggled to break past and which has seen the Euro make a double bottom around the 1.4205 levels […]
Posted on May 18, 2011 1:02 pm GMT
Today’s European session see’s the Euro experience some very choppy trading. The EURUSD pair opened up the session at 1.4264 and moved in a downward trend, dropping some 25+ pips as it moved with an oscillatory range of over 20 […]
Posted on May 17, 2011 1:02 pm GMT
The Euro has traded with some volatility throughout the European session, ranging almost by 90 pips, from an early session low of 1.4134 to a high of 1.4223. A lower than expected ZEW survey index, both in Europe and Germany […]
Posted on May 9, 2011 5:05 am GMT
This week’s first session, sees the Euro trading with some optimism as the single currency appears to have found some support around the 1.4340’s as it bounced up to a session high of 1.4405. Market participants however expect that the […]
Posted on April 11, 2011 10:59 am GMT
Euro gained against the Sterling in this morning’s trading session hitting a new high since October 2010. EURGBP hit 0.8858. Since the European Central Bank rose interest rates on Friday by 25 basis points for the first time since July […]
Posted on April 11, 2011 5:56 am GMT
USD fell against a basket of currencies, weighed by positive signs for investor risk-taking, and remained stuck near last week’s 16-month low against a basket of major currencies.
USD/JPY currently trades at 84.71, after good selling was seen earlier around 85.00 […]
Posted on April 8, 2011 12:46 pm GMT
The Canadian jobs report was released today indicating with disappointing numbers. The unemployment rate dropped as expected by 0.1% from the prior month to come out at 7.7%. However, the net employment change reported a negative 1,500 jobs, indicating […]
