Euro Bounces from Global PMIs

The Euro moved higher against the U.S. Dollar as risk appetite improved following a run of better than expected global PMI data. Source:

USD Dips on Yen as Euro Slips Hard

The U.S. Dollar continues to be under significant pressure following last week’s commitment by the Federal Reserve Bank to hold interest rates at their current ultra low level through 2014. Source:

Euro Gains Pinned to Greek Hopes

The Euro appears to be approaching a key test level as news that the Greek government is close to clinching a deal with its private bondholders helped to boost the common currency. Source:

Euro Retreats as Ecofin Summit Looms

After the strongest 1-week rally for the Euro in more than three months, the EUR eased back from a 6-week peak against the USD. Source:

Euro Retreats from 3-Week High

The Euro retreated yesterday from a 3 week peak. See how this will affect your Forex trading this week. Source:

Euro Cools But Could Gain More Momentum

The Euro had earlier continued to grind higher against the U.S. Dollar, but is now taking a breather in Asian trading while hovering close to a 2-week high. Source:

Euro Rally Continues on IMF Hopes

The Euro continues to rally in Asia trading on the news that the IMF intends to bolster its funds in order to help the Eurozone’s leaders tackle the ongoing crisis there. Source:

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:

Euro Falls on S&P Downgrades

Following the downgrades of France and Austria on Friday, and the threat of several more before the week is out, the Euro is under fresh pressure, and touched on an 11-year low against the safe haven Japanese Yen. Source:

Euro Gets a Bounce on Aussie, US Dollar

In Asian trading, the Euro steadied following a strong response to the Spanish and Italian debt auctions held yesterday and analysts suggest further that the Euro may now be stabilizing against the Australian Dollar. Source:

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