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Forex blog posts about treasury budget are presented here. You can click the selected excerpt's title to continue reading on 'treasury budget'.

EUR/USD Climbs as ECB President Sees Signs of Stability

January 12th, 2012

EUR/USD jumped to the highest level this week today after European Central Bank kept its main interest rate unchanged at 1.0% (event A on the chart) and ECB President Mario Draghi said he sees signs that European economy is stabilizing (event B on the chart). Most of today’s reports from …

EUR/USD Extends Slump for Second Day

December 13th, 2011

EUR/USD was trading flat at the beginning of today’s trading session, but in the second half of the session rapidly declined and remained weak as of now. The currency pair slid yesterday as Moody’s Investor Service warned about possible downgrade of the European countries’ credit ratings. The US retail sales report was worse than …

EUR/USD Climbs, Fundamentals Still Point to Downside

November 10th, 2011

EUR/USD rose today after Standard & Poor’s confirmed France’s top AAA credit rating, following the message about a downgrade of the rating that was sent because of a technical error. Fundamentals remained negative for the euro, though. Yield on French 10-year bonds surged, adding to concerns about the European crisis. The data …

G20 Meeting Started, Bolstering EUR/USD

October 14th, 2011

EUR/USD jumped today as the leaders of the Group of Twenty started their meeting in Paris today. The G20 chiefs will discuss the European sovereign-debt crisis and the actions needed to be taken in order to resolve the situation that threatens the global economy. The news from the US were good for the most part, except for the preliminary report about …

EUR/USD Rebounds, Helped by Stocks

September 13th, 2011

EUR/USD rebounded today, receiving boost from French banks shares. Earlier the currency pair dropped as expectations of joint actions by Germany and France to resolve the European debt crisis proved to be wrong. Import and export prices in the US showed a positive tendencies last month, but the positive effect of the report was overshadowed …

EUR/USD Weakens, Strives Higher as US Budget Deficit Grows

August 10th, 2011

EUR/USD dropped today as markets remain in risk aversion mode and concerns about Europe’s future persist. The currency pair attempted to rally after the report showed that the US budget deficit widened last month, even though it was below expected value. It’s hard to say at present how sustainable …

EUR/USD Climbs After Bernanke Speech

July 13th, 2011

EUR/USD fell today after Federal Reserve Chairman Ben S. Bernanke suggested in his speech that the US central bank is ready for additional stimulating measures if that would be necessary. (Event B on the chart.) The fundamentals showed today positive tendencies in the US economy, yet import prices …

EUR/USD Falls on Better-Than-Expected Fundamentals

June 10th, 2011

EUR/USD tumbled today on the speculation that the economic imbalances in the European Union will force the European Central Bank to slow pace of interest rates hikes, while the US economy shows sign of recovery. The reports about import and export prices and about the budget balance were surprisingly good. EUR/USD currently trades at about …

Greece Continues to Threaten Stability of Euro

May 11th, 2011

EUR/USD traded without any particular trend in the first half of today’s trading session, but plunged heavily in the second. Greece with its debt problems continues to threaten stability of the Eurozone and the European policy makers may refuse to extend the deadline for repaying the debt if the country wouldn’t take measures to improve its …

EUR/USD Rises as US Trade Balance Deficit Exceeds Forecasts

April 12th, 2011

EUR/USD rose today, following yesterday drop. The currency pair weakened somewhat a few hours ago, but now regained its strength. The deficit of both trade balance and federal balance decreased, even though it was still above forecasts. EUR/USD currently trades at about 1.4487.

US trade balance

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