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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 Rises as Situation in Greece Improves

May 10th, 2012

EUR/USD gained today after two days of losses on the news that Greece will receive a bailout and a progress in a forming new government was made. US fundamentals were mixed. Import prices fell and the trade balance deficit rose. On the positive side, export prices increased and the federal budget balance had its …

EUR/USD Climbs as ECB Plans to Buy Spain’s Debt

April 11th, 2012

EUR/USD advanced today after the European Central Bank indicated that it’s going to buy Spanish bonds in an attempt to reduce borrowing costs. The currency pair was rising steadily in the first half of the trading session, but stalled and currently declines. As for news from the United States, rising import and export prices together …

EUR/USD Falls as FOMC Refrains from QE, Sees Economic Recovery

March 14th, 2012

EUR/USD fell yesterday and continued its decline today after the FOMC refrained from adding stimulus for the US economy, as some analysts expected it would do. Moreover, the Committee changed its assessment for pace of the US economic recovery from “modest” to ”moderate”. The news boosted the dollar that was already advancing …

EUR/USD Slips as Greece Doesn’t Receive Rescue

February 10th, 2012

EUR/USD was dropping today virtually without pause, a trend that started yesterday’s evening. The major news today was a denial of the new portion of bailout for Greece until Greek leaders would agree on deeper budget cuts. Forex market roiled on the news as it looked like the next round of rescue was …

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 …

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