Sunday, February 5, 2012

Euro Gains Pinned to Greek Hopes

February 1, 2012 by admin  
Filed under forex practice

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 Gains on Whetted Appetite for Risk

January 5, 2012 by admin  
Filed under forex practice

In Asian trading, the Euro held overnight gains following the largest single day rally for the common currency in almost two months, driven by whetted risk appetite and short covering. Source:

Euro Lower, But on Track for Strong Weekly Gains

November 4, 2011 by admin  
Filed under forex practice

S&P, the ratings agency, downgraded Spain’s sovereign debt, a move which effectively put fear back into the markets that the Eurozone’s contagion was, indeed, spreading. Source: DailyForex News

Profit Taking Helps Push Euro Higher, But Gains Seen as Limited

September 24, 2011 by admin  
Filed under forex practice

Profit takers are helping to push the common currency higher against the U.S. Dollar following the Euro’s 8-month low struck in the previous trading session. Source: DailyForex News

Euro Weakens Dollar Gains and Greece Remains in Limbo

September 20, 2011 by admin  
Filed under forex practice

As Greece continues fighting against its possible debt default, the Euro weakened for a second straight day against the US Dollar. Source: DailyForex News

Euro Holds onto Early Gains, but Bank Downgrades Could Weigh

September 15, 2011 by admin  
Filed under forex practice

The Euro is holding onto modest gains during the late Asian trading with hedge fund operators trimming their short positions ahead of an E.U. policymaker conference call which could yield some surprises for the market. Source: DailyForex News

Euro Gains Little Traction from ECB Announcement

September 10, 2011 by admin  
Filed under forex practice

The Euro came off a 2-month low versus the U.S. Dollar in Asian trading on Friday, though the risk of any break below the July low is believed to be on the rise Source: DailyForex News

Euro Extends Gains, but Obstacles Remain

July 5, 2011 by admin  
Filed under forex practice

The Euro continues to extend last week’s gains; in Sydney, the common currency earlier struck a 1-month peak against the U.S. Dollar on easing concerns over Greek debt. Source: DailyForex News

Euro Holding onto Small Gains as Investors Rely on E.U. Policymakers

June 22, 2011 by admin  
Filed under forex practice

Investors are betting that policymakers in the Eurozone will view the Greek economy as too important to their own survival to allow it to fail, which allowed the Euro cling to hold onto recent small gains in the early Asian trading hours. Source: DailyForex News

Euro Gains as ECB Meeting Looms

June 19, 2011 by admin  
Filed under forex practice

Ahead of today’s policy setting meeting of the European Central Bank, the common currency managed to recoup earlier losses against the U.S. Dollar. Source: DailyForex News

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