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
U.S. Dollar Falls Spectacularly Ahead of FOMC Meeting
April 28, 2011 by admin
Filed under forex practice
In Asian trading today, the U.S. Dollar slipped broadly lower as markets ponder the likely outcome of today’s Federal Open Market Committee Meeting. Source: DailyForex News
Ahead of Bernanke Congressional Testimony, USD Under Pressure
March 2, 2011 by admin
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Ahead of Ben Bernanke’s testimony later today in the U.S. Congress, the U.S. Dollar is under heavy pressure in Asian trading. Source: DailyForex News
FOREX CENTRAL BANK WATCH: BoC Interest Rate Expectations Rise Ahead of CPI
February 19, 2011 by admin
Filed under forex practice
FOREX CENTRAL BANK WATCH: BoC Interest Rate Expectations Rise Ahead of CPI Central Bank Current Interest Rate Next Policy Decision Expectation Market Conviction* 1-yr Exp** Federal Reserve 0.00% – 0.25% No change on 03/15 High +42bps European Central Bank 1.00% No change on 03/03 High +79bps Bank of England 0.50% No change on 03/10 Medium [...]
Ahead of Eurozone Ministers Meeting, Euro Slips from 1-month High
January 18, 2011 by admin
Filed under forex practice
The common currency Euro held close to a 1-month peak against the U.S. Dollar in Asian trading today, as market players speculate that the current gains are likely limited, and can be attributed to last week’s short covering. In the long term, investors insist that the European policymakers must come up with some clear-cut answer [...]
Euro Holds Ground Ahead of Portuguese Debt Auction
January 13, 2011 by admin
Filed under forex practice
Bond sales to be held later today by the highly-indebted Portuguese government have likely kept many market players on the sideline; nonetheless, in thin Asian trading, the Euro has managed to extend the gains from its earlier rebound. Source: DailyForex News
