Excessive Euro appreciation against USD has made the economy ministers of European Union so worried and angry, specially in 16 European countries that Euro is their currency. Since March 2009, Euro value is increased up to 20%... [read full story]
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USD : Lower, ADP employment comes in near expectation, non- manufacturing ISM drops JPY: Lower, pressured by improving risk appetite EUR: Higher, EU PPI declines for the ninth straight month , services PMI rises GBP: Mixed,...
Forex: EUR/USD rises further to 1.4840, after ISMFITITOL-->FXstreet.com (Córdoba) – The Euro is extending its gains against the Dollar. EUR/USD jumped above 1.4800 to 1.4842, posting a fresh intra-day high. On the upside the...
Forex: EUR/USD tests daily highs at 1.4775 after ADP employmentFITITOL-->FXstreet.com (Barcelona) – The Euro has reacted bullish against the Greenback on the back of the ADP employment report in line of expectations. EUR/USD...
Good morning from rainy Hamburg and welcome to our Daily FX Report. The Bank of England may extend its bond buying program to save banks from a bankruptcy. The JPY rose against its most counter parts again. Market review The...
The Federal Reserve is expected to keep its benchmark Interest Rate unchanged near zero today, as traders get ready for a busy news cycle. Investors will focus on the interest rate outlook, but many analysts say the Fed is...
On Tuesday, EUR/USD had a rollercoaster ride that ended with modest, technical insignificant gains for the dollar. At first the dollar correction resumed as European equities hit the skids and EUR/USD fell from about 1.48 at...
Forex: EUR/USD: Rebound from 1.4625 low reaches 1.4750 ahead of European openingFITITOL-->FXstreet.com (Barcelona) - EUR/USD declined on Tuesday from levels above 1.4800 to hit the lowest level in nearly a month at 1.4625, to...
European bank troubles sparked a sharp sell of in global equity markets, a spike in risk aversion and a rally in the USD. UBS posted a larger than expected Q3 loss, RBS and Lloyd's will receive additional bailout funds from the...
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