Yearly Archives: 2012
Risk Appetite Boosted by China Data
The Euro eked out some gains against the safe haven currencies as risk appetite was whetted in Asia following news that China’s preliminary PMI manufacturing data for July was better than expected. Continue reading
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Spain Worries Trigger Euro Sell-Off
In Asian trading, the Euro slipped close to a multi-year and historic lows versus the Japanese Yen and the Australian Dollar as investors’ fears over a Spanish default escalate. Continue reading
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Spain Worries Trigger Euro Sell-Off
In Asian trading, the Euro slipped close to a multi-year and historic lows versus the Japanese Yen and the Australian Dollar as investors’ fears over a Spanish default escalate. Continue reading
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Euro Broadly Lower as Spain Woes Build
The Euro continues to trend lower as worries over Spain’s finances send investors to the safe haven currencies; as reported at 1:12 p.m. (JST) in Tokyo, the EUR/USD was trading at $1.2269, a drop of 0.1% but holding above the 2-year low struck last week on the EBS trading platform. Continue reading
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Euro Broadly Lower as Spain Woes Build
The Euro continues to trend lower as worries over Spain’s finances send investors to the safe haven currencies; as reported at 1:12 p.m. (JST) in Tokyo, the EUR/USD was trading at $1.2269, a drop of 0.1% but holding above the 2-year low struck last week on the EBS trading platform. Continue reading
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Euro Edges Lower on Merkel Pessimism
The Euro held steady against the U.S. Dollar during the Asian trading session but continues to be under pressure following relatively pessimistic comments made by Angela Merkel, the German Chancellor, which rekindled concerns of the debt crisis there. Continue reading
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Euro Edges Lower on Merkel Pessimism
The Euro held steady against the U.S. Dollar during the Asian trading session but continues to be under pressure following relatively pessimistic comments made by Angela Merkel, the German Chancellor, which rekindled concerns of the debt crisis there. Continue reading
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EUR/USD Seesaws on Bernanke Comments
On Tuesday, Ben Bernanke, the Federal Reserve Chairman, in an address to the U.S. Senate’s Banking Committee, left markets disappointed with his vague comments that gave no clear indication that additional easing for the struggling U.S. economy would be forthcoming. Continue reading
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EUR/USD Seesaws on Bernanke Comments
On Tuesday, Ben Bernanke, the Federal Reserve Chairman, in an address to the U.S. Senate’s Banking Committee, left markets disappointed with his vague comments that gave no clear indication that additional easing for the struggling U.S. economy would be forthcoming. Continue reading
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Currency Traders to Focus on Bernanke
The Euro edged higher against the U.S. Dollar in Asian trading today as a spate of hedge fund buying triggered stop-losses. Continue reading
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