Euro Hits 10-Year Low Against Yen
December 30, 2011 by admin
Filed under forex practice
In Asian trading today the Euro hit a 10-year low against the Japanese Yen, resulting from stop-loss selling in the EUR/JPY pair. And, although analysts expect the single currency to stay weak in the coming days, there was some happy news coming from the region, specifically from Italy, where the Italian Treasury was able to [...]
Greeks Strike Against (Already Shaky) Bailout Plans
October 6, 2011 by admin
Filed under forex practice
Government agencies, public transportation services and tax offices were closed on Wednesday in a large-scale effort to protest against the austerity measures set to be imposed by the EU/IMF bailout, which was, in its ideal form, set to remedy Greek’s debt problems. Source: DailyForex News
Euro Strikes 10-Year Low against Yen as Crisis Worsens
September 13, 2011 by admin
Filed under forex practice
The worsening situation in the Eurozone sent the common currency on a nosedive against the safe haven Japanese Yen, striking a 10-year low, to fall below key technical levels as well as option barrier. Source: DailyForex News
Euro Edges Higher Against Majors, But Still Seen as Vulnerable
August 14, 2011 by admin
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As the European equity markets open higher for trading, the common currency is also higher against the U.S. Dollar, trading most recently at 1.4236, but is still viewed as vulnerable to selling pressure as investors worry that the Eurozone’s fiscal crisis may be spreading to France. Source: DailyForex News
Dollar Drops against Safe Havens as Focus Shifts to U.S. Debt Ceiling
August 1, 2011 by admin
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With the focus temporarily off of the Eurozone, investors shift their attention to the United States and the impending deadline for establishment of a new debt ceiling. As a result, the U.S. Dollar is under significant pressure on growing concerns that the policymakers there will fail to reach a deal and a debt default will [...]
Debt Debate Inspires U.S. Dollar to New Record Low against Swiss Franc
July 31, 2011 by admin
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With politics still the name of the game in the United States, the U.S. Dollar earlier hit a record low against the safe haven Swiss Franc, as well as a 4-month low against the Japanese Yen in Asian trading. Source: DailyForex News
FOREX: Ringgit Closes Sharply Lower Against US Dollar
July 13, 2011 by admin
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FOREX: Ringgit Closes Sharply Lower Against US Dollar KUALA LUMPUR, July 12 (Bernama) — The ringgit closed sharply lower against the US dollar today, in line with the weakening Asian currencies due to the deepening European debt crisis, dealers said. Read more on Bernama
US Dollar Readies Offensive Against Major Currencies
June 11, 2011 by admin
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US Dollar Readies Offensive Against Major Currencies DailyFX provides forex news on the economic reports and political events that influence the currency market. Learn currency trading with a free practice account and charts from FXCM. Read more on Daily FX
Greek Bailout Hopes Underpin Euro’s Rise against Greenback
June 7, 2011 by admin
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As the Greek nation prepares to receive further bailout assistance from the special purpose E.U./IMF mission, the common currency held close to a 1-month peak against the U.S. Dollar. Source: DailyForex News
Euro Strikes Historic Low against Swiss Franc, 2 Month Low on Greenback
May 24, 2011 by admin
Filed under forex practice
The common currency Euro slipped to a 2-month low versus the U.S. Dollar in Asian trading today; it struck a new historic low, as well, against the Swiss Franc. Source: DailyForex News
