Mariano Rajoy — News Archive

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EUR/USD Trades at 10-Month Lows on Italian Political Crisis

The EUR/USD currency pair today dropped to new 10-month lows following political turmoil in Italy where a new election is likely to happen as early as July. Investors dumped the euro as Italian bond yields rose to new highs, which increased the yield spread between the German and Italian 2-year bonds.

European Politics Boosts Euro Intraday, Make It Reverse Rally Later

The euro backed off to new lows after attempting to rally earlier today. European politics was the main driver for the currency.

Euro Flat in Anticipation of Economic Data & ECB

The euro was mostly flat today as markets turned their attention away from politics towards the next week’s European Central Bank policy meeting and economic data that may influence the ECB decision.

Euro Stable as Catalonia’s Struggle for Independence Continues

The euro was stable today as the story of Catalonia’s fight for independence continued to unfold.

US Dollar Mixed as Traders Consider Recent Information

US dollar is mixed today as Forex traders consider recent information, and try to come to decisions about what is likely next for the world’s currencies. There is a lot going on right now, and a lot of remarks from various world leaders to consider.

CAD Rallies vs. EUR on Political Concerns, Falls vs. USD & JPY

The Canadian dollar rallied against the euro today as political turmoil in Spain undermined the strength of the shared European currency. The loonie erased its gains versus the US dollar and fell against the Japanese yen after reaching the highest level since May 2010.

Political Concerns Halt Euro Rally

Did Forex traders get too excited about the euro recently? That’s what many are wondering as political concerns halt the recent euro rally and send the 17-nation currency plunging. Political concerns in Spain and Italy, as well as speculation about the upcoming European Central Bank meeting, are weighing on the euro today.

Euro Moving through Resistance

Euro is moving higher today, muscling through resistance even though the news out of the eurozone continues to disappoint. After bouncing off lows below 1.2900, euro touched a session high of 1.2966.

Euro Mostly Lower in Forex Trading

Euro is mostly lower in Forex trading today, pulling back as uncertainty — particularly about what’s next for embattled eurozone countries — weighs on the 17-nation currency.

Loonie Suffers as Europe Hurts Market Sentiment

The Canadian dollar fell today as the Forex market was not pleased by the news from Europe and entered a risk-off mode. The Canadian currency remained weak against safer currencies and even declined versus the euro.

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