Posted on June 12, 2012 5:22 am GMT
Euro extended lower against the dollar early in the Asian session but the the momentum in the big sell-off eased and consolidation ensued. Euro has lost over 1 percent since opening on Monday, as concerns over the euro zone debt […]
Posted on May 14, 2012 8:06 am GMT
The Australian dollar fell further against the US dollar on Monday touch a new five-month low amid ongoing political and financial turmoil in Greece.
AUDUSD dipped to 0.9979 in early European trading hours, breaking past the Asian session low of 0.9994.
Greece’s […]
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 […]
Posted on April 12, 2012 12:44 pm GMT
EURUSD advanced higher going into the US trading session, breaking out of a range to hit a one week high of 1.3175. During most of the European session, the pair was trading within a range formed since the start of […]
Posted on April 6, 2012 7:12 pm GMT
Market sentiment was weighed down this Friday by the disappointing US jobs report. The non-farm payrolls data showed job creation in the U.S. slowed considerably in March. Only 120,000 jobs were added, nearly half compared to February, and fell short […]
Posted on April 4, 2012 12:53 pm GMT
Euro extended losses during European trading hours, after a steep fall on Tuesday in reaction to the Fed minutes. Adding to euro weakness was a string of string of disappointing economic data for the euro zone, showing business activity contracted […]
Posted on April 4, 2012 11:18 am GMT
Euro fell to a three-week low against the yen during European trading session, just a short time ahead of the European Central Bank meeting. Against the broadly stronger dollar, euro fell two a two week low.
A string of disappointing economic […]
Posted on March 26, 2012 7:03 pm GMT
The euro hit its highest level against the dollar in more than three weeks after being boosted by hopes that Germany will agree to beef up the euro zone rescue fund before the Ecofin meeting this Friday. Today German Chancellor […]
Posted on March 26, 2012 12:03 pm GMT
EURUSD was effectively unchanged overall after choppy trading during the European session, ending close to the session open levels. EURUSD opened in Europe at 1.3256 after range trading during the Asian session. Better than expected German Ifo business sentient data […]
Posted on March 23, 2012 8:20 pm GMT
Dollar showed weakness going into the U.S. trading session, declining against the euro and growth currencies like the aussie and kiwi, though flat against the CAD dollar, which was affected by CPI data.
EURUSD hit a three-week high of 1.3292 in […]
