Ahead of US Jobs Data, Euro Vulnerable
January 7, 2012 by admin
Filed under forex practice
The Euro continues to come under pressure in Asian trading, hovering near to a 16-month trough against the U.S. Dollar, and analysts expect more declines ahead. As the first full trading week of the new year draws to a close, market players worry that there is little relief in sight, with two key bond sales [...]
Euro Steadies Ahead of EFSF Voting Series
October 10, 2011 by admin
Filed under forex practice
The Euro continues to cling to recent gains against the U.S. Dollar, holding steady above the 8-month trough struck earlier in the week. Source: DailyForex News
Ahead of ECB Interest Rate Decision, Euro under Pressure in Asia
September 9, 2011 by admin
Filed under forex practice
The Euro has slipped against the U.S. Dollar in Asian trading today and is facing some headwinds on growing unease that the Eurozone’s efforts to fix the debt crisis are too slow for the markets’ liking.The Euro has slipped against the U.S. Dollar in Asian trading today and is facing some headwinds on growing unease [...]
U.S. Dollar Investors Seen as Wary Ahead of Bernanke Speech
August 27, 2011 by admin
Filed under forex practice
The U.S. Dollar slipped from a 2-week peak versus the Japanese Yen in Asian trading today, but is expected to more than recoup those losses on speculation that the U.S. Federal Reserve Bank will reaffirm that no further easing is likely in the near term. Source: DailyForex News
Euro Retreats on S&P Warning, May Find Support Ahead of ECB Meeting
July 6, 2011 by admin
Filed under forex practice
In Asian trading today, the common currency Euro retreated after a 6-day win streak as investors bought back the U.S. Dollar to cover short positions. Source: DailyForex News
Euro Lower Ahead on Greek Default Worries
June 29, 2011 by admin
Filed under forex practice
In Asian trading, the Euro earlier edged higher yet stalled just short of chart resistance as market players take a wait-and-see stance on Greece’s upcoming Parliamentary vote for additional austerity measures. Source: DailyForex News
Euro Strikes 1-month Peak Ahead of U.S. Labor Data
June 6, 2011 by admin
Filed under forex practice
Finding support from Greek bailout hopes and the likelihood of more weak labor data from the U.S., the Euro earlier struck a 1-month peak against the U.S. Dollar. Wednesday’s ADP jobs report, which was far worse than analysts had anticipated, is being used to gauge today’s release of U.S. Labor Department private sector payrolls. Source: [...]
Ahead of Eurozone Finance Ministers’ Meeting Euro Falls Broadly
May 21, 2011 by admin
Filed under forex practice
Ahead of this week’s meetings of European finance ministers, the common currency fell to a 7-week low against the U.S. Dollar as well as a host of other major currencies. Source: DailyForex News
Euro Gains Broadly Ahead of Eurozone GDP Report
May 13, 2011 by admin
Filed under forex practice
In Asian trading today, the Euro rose against the U.S. Dollar, up off a 3-week low as growth projections eclipse investor concern of a worsening debt crisis. Source: DailyForex News
Euro Moves Higher Ahead of ECB Policy Meeting
May 6, 2011 by admin
Filed under forex practice
Ahead of today’s meeting of the European Central Bank’s rate setting committee, the common currency Euro has been rising toward a 17-month peak against the U.S. Dollar in Asian trade. Source: DailyForex News