Greek Bailout Hopes Underpin Euro’s Rise against Greenback
June 7, 2011 by admin
Filed under forex practice
As the Greek nation prepares to receive further bailout assistance from the special purpose E.U./IMF mission, the common currency held close to a 1-month peak against the U.S. Dollar. Source: DailyForex News
Euro Strikes Historic Low against Swiss Franc, 2 Month Low on Greenback
May 24, 2011 by admin
Filed under forex practice
The common currency Euro slipped to a 2-month low versus the U.S. Dollar in Asian trading today; it struck a new historic low, as well, against the Swiss Franc. Source: DailyForex News
Euro Moves Higher Against the Greenback as EU Summit Eyed
March 9, 2011 by admin
Filed under forex practice
In early Asian trading, the Euro edged up against the U.S. Dollar, but investors, who have increased their long-term holdings in the common currency, appear to believe that a decline in the short-term will prevent it from breaching the November peak. Source: DailyForex News
Euro Higher Against Greenback, But Momentum Lacking
February 9, 2011 by admin
Filed under forex practice
Investor hopes were all but dashed for a rate hike from the ECB later this week following the release of lackluster data from the German industrial sector. Source: DailyForex News
In Asian trading, Euro Slips versus Greenback and Yen
January 21, 2011 by admin
Filed under forex practice
In early afternoon trading in Tokyo, the common currency Euro slipped against the U.S. Dollar and the Japanese Yen, but is expected by some dealers to rebound later when data from China confirms a strongly growing economy. Source: DailyForex News
The Greenback Stabilizing
December 30, 2010 by admin
Filed under forex practice
The USD became stable on Wednesday after a sharp increase in U.S. Treasury yields assisted its recovery from a sharp decline vs the euro in a yo yo session the previous day marked by thin year-end flows. Source: DailyForex News
Common Currency Strikes 2-week Low vs Greenback in Asia
December 26, 2010 by admin
Filed under forex practice
The fallout from the Irish downgrade continues to push the common currency lower; today in Tokyo, the Euro slipped to a 2-week trough versus the U.S. Dollar, and appears vulnerable to further losses. Source: DailyForex News
Euro Steadies against Greenback ahead of E.U. Summit
December 19, 2010 by admin
Filed under forex practice
Even as the Euro steadies in choppy Asian trading, it remains vulnerable to further declines as the E.U. summit begins later today. As reported at 12:27 p.m. (JST) in Tokyo, the Euro was trading relatively flat against the U.S. Dollar, holding at $1.3215. Source: DailyForex News
Euro Strikes 2-Month Low against Greenback on Irish Downgrade
November 25, 2010 by admin
Filed under forex practice
The common currency Euro struck a new 2-month trough versus the U.S. Dollar in Asian trading today following the Standard & Poor’s decision to lower the long term sovereign debt rating on Ireland from AA to A; the country’s short term debt rating was also lowered. Source: DailyForex News
Kiwi Dollar Strikes 27-month Peak Versus Greenback ahead of Central Bank Meeting
November 2, 2010 by admin
Filed under forex practice
In New Zealand, the Kiwi Dollar traded higher versus the U.S. Dollar, striking a 27-month peak as investors move to position themselves in advance of this week’s Federal Open Market Committee meeting which concludes on Wednesday. Source: DailyForex News
