Yearly Archives: 2012
Euro Lower as E.U. Meeting Disappoints
As analyst had expected and as markets had feared, the E.U. finance ministers meeting yielded no definitive outcome and highlighted only the shortcomings of the most recent summit. Continue reading
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Euro Pressured on E.U. Meeting Doubts
In the Asian session, the Euro had earlier dropped to 2-year trough against the U.S. Dollar, but has since steadied and halted the downtrend. Continue reading
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Euro Pressured on E.U. Meeting Doubts
In the Asian session, the Euro had earlier dropped to 2-year trough against the U.S. Dollar, but has since steadied and halted the downtrend. Continue reading
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Euro Down on ECB as US Jobs Data Eyed
Yesterday, the European Central Bank did as analysts expected it would and announced a 25 basis points rate cut of their benchmark lending rate; markets had been hopeful that the central bank would offer more though, and were disappointed as a result. Continue reading
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Euro Down on ECB as US Jobs Data Eyed
Yesterday, the European Central Bank did as analysts expected it would and announced a 25 basis points rate cut of their benchmark lending rate; markets had been hopeful that the central bank would offer more though, and were disappointed as a result. Continue reading
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Euro and Pound Under Easing Pressure
The Euro and the Pound Sterling are both under pressure as investors speculate that the European Central Bank and the Bank of England will take up a more accommodative stance later today. Continue reading
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Euro and Pound Under Easing Pressure
The Euro and the Pound Sterling are both under pressure as investors speculate that the European Central Bank and the Bank of England will take up a more accommodative stance later today. Continue reading
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Euro Softer as ECB, US Labor Looms
The common currency edged lower against the greenback in Asian trading on Wednesday as investors speculate that the European Central Bank will take a more dovish stance at their rate setting meeting tomorrow. Continue reading
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Euro Softer as ECB, US Labor Looms
The common currency edged lower against the greenback in Asian trading on Wednesday as investors speculate that the European Central Bank will take a more dovish stance at their rate setting meeting tomorrow. Continue reading
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Easing Hopes Grow as Euro Struggles
Both the U.S. Dollar and the Euro slipped in Asian trade as dismal economic data raised investors’ expectations of a more accommodative stance from both the Federal Reserve and the European Central Bank. Continue reading
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