euro

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German Finance Minister Wolfgang Schaeuble commitment, German government and other euro area government will take all means to defend euro, and if the effort that to imporve the governed status in euro zone was proved that it is not enough to end the credit crisis of one year, Germany may push...

Forex Broker---- Adam Hewison, president of INO.com, made a technical analysis of EUR/USD, and said that current forex rate was experiencing drastic changes where the euro was sold, along with short covering. Therefore, the euro would have much more potential to rise. According to Andy, the...

Forex Broker----The disappointing results of several US heavyweight companies, as well as the fatigue consumers’ confidence index, worry the forex market against US economic recovery. Last Friday (July 16th), US Stocks slumped while the euro, the Australian dollar, and other risk currencies...

Forex Broker---- Portuguese, whose rating has just been downgraded, received success in launching its national debt this week. On July 14th, Portuguese sold 1.68 billion euro debts, more than expected 1.5 billion euro. Forex analysts comment that, according to the reaction from the bond market...

Forex Currency----The euro touched a two-month high against the dollar on Thursday, for economic statistics of US and Australia revitalized confidence to global economic recovery and boosted forex investors’ interest in higher-yielding currencies. Early last week, US application for...

:eek:Forex Broker---- Since June 7th, the dollar has been moving down. The dollar index hit 88.71 at high that day, and plunged to 84.42 on July 1st. The euro, however, started to rise, with completely consistent time and nodes. The euro entered the access to rise on June 7th at 1.1875, and...

U.K. CPI data will be released at 09:30GMT on Tuesday, 16th February, to be followed by ZEW economic sentiment and current conditions indices at 10:00GMT, these releases are likely to affect the sterling and euro ahead of the New York session. Inflation in the U.K. outpaced economists'...

The euro declined to a fresh 8-month low against the dollar on Thursday, breaking below the 1.3586 post-U.S. jobs data low made last week after the release of fourth-quarter GDP data for Germany and the eurozone, which came in below the economists' predictions and cast doubts over the pace of...

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Market Focus for 19 JAN 2010: German ZEW survey Economic expectations index to ease to 50.0 Greece, Spain and Portugal sovereign credit problems to add to dampening optimism Concerns remain over German/eurozone GDP growth in Q4 2009/Q1 2010 The Centre for European Economic Research...

Focus for 15 JAN 2010: U.S. CPI + University of Michigan Consumer sentiment * U.S. CPI to slow and remain steady * Michigan consumer sentiment index to rise towards 95.0 * Dollar to be influenced by external factors A batch of U.S. economic data will be released on Friday 15th January...

Focus for 14 JAN 2010: U.S. Retail Sales (December) Retail sales forecast to increase by 0.5% in December after rising 1.3% in November December same-store sales beat forecasts Sales in January may dip after Christmas shopping spree U.S. retail sales for the month of December will be...

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The euro rose against the yen before a European Central Bank meeting at which policy makers may avoid cutting interest rates and expanding asset purchases. The yen fell versus the dollar as gains in stocks fueled appetite for higher-risk assets and a report showed Japanese investors increased...

Cocaine traffickers are targeting Europe because prices are higher, the currency is stronger and it’s easier to ship profits home using 500-euro ($693) bills, according to the U.S. Drug Enforcement Administration. “There’s a big push on the part of Central and South American crime groups to...

The euro may decline to a seven-month low versus the pound upon a close below 86.37 pence, Citigroup Inc. said in a report citing technical patterns. The euro fell 1.2 percent as of 2:38 p.m. in New York to 86.77 pence, or 0.8677 pound, descending below the currency pair’s 200-day moving...

The euro declined for the first time in seven days against the dollar after Britain’s Telegraph newspaper cited a German banking regulator saying debt levels at the nation’s biggest lenders may increase. South Korea’s won had the biggest decline of the 16 most- traded currencies versus the...

The dollar may be on the “threshold of broad-based” weakness in the medium term, according to Citigroup Inc. The euro may climb to $1.4720 should the currency close this week above so-called resistance between $1.3722 and $1.3739 against the dollar, Citigroup said. Resistance at $1.3722 is...

The dollar and the yen fell against the euro as rising confidence in the banking industry sapped demand for the currencies after three financial institutions applied to refund government-bailout cash. The Japanese and the U.S. currencies fell most against the New Zealand dollar, Australian...