Euro Gets a Lift from China Data

Short covering helped to push the Euro pushed higher during the Asian trading session as higher risk assets gained support following news that China’s economy slowed less than previously expected in the last quarter of 2011. Source:

Ahead of US Jobs Data, Euro Vulnerable

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 Bounces on China Data and FOMC Minutes

The Euro finally got a reprieve from the beating it’s taken this week as investors flocked to the safe haven currencies in the wake of growing Eurozone concerns. Source: DailyForex News

Improved Chinese Inflation Data Supports Euro, Aussie in Asian Trade

Better than expected inflation data from China has helped pull the common currency Euro up out of its recent decline. Source: DailyForex News

Euro Strikes 1-month Peak Ahead of U.S. Labor Data

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: [...]

U.S. Dollar Broadly Lower on Disappointing Data

Yesterday’s worse than expected data which detailed a still weak U.S. labor market and tepid first quarter growth pushed the U.S. Dollar broadly lower in Asian trading. Source: DailyForex News

Forex – Pound slips against dollar after weak U.K. industrial data

Forex – Pound slips against dollar after weak U.K. industrial data Forex Pros – The pound slipped against the U.S. dollar on Wednesday, following a report showing that British industrial output fell unexpectedly in February, raising doubts over a near-term rate Read more on Nasdaq

Euro under Heavy Sell Pressure as a Result of Dismal Asian Data

Unexpectedly dismal trade data from China has sent the Euro lower against the U.S. Dollar, and market players expect that the common currency will continue to sink throughout the day.  Source: DailyForex News

US Dollar Strikes 1 Month Peak against Yen on Labor Data

The U.S. Dollar rose to a 1-month peak versus the Japanese Yen in Asian trading following the release of encouraging labor data from the U.S. yesterday suggesting that the all important labor market there is finally recovering.  Source: DailyForex News

FOREX-US dollar rallies on data, debt concerns weaken euro

FOREX-US dollar rallies on data, debt concerns weaken euro * Dollar rises broadly, boosted by data, higher yields * Higher yields seen favoring certain dollar/yen trades * Doubts over policy for euro zone crisis dent sentiment (Recasts; updates prices, adds quotes, … Read more on Reuters UK Focus via Yahoo! UK & Ireland Finance

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