Yearly Archives: 2012
Euro Softens as Investors’ Hopes Fade
The Euro was holding close to a 2-week trough against the U.S. Dollar during the Asian trading session as investors’ expectations of a fruitful outcome to the E.U. summit fade. Continue reading
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USD Strengthens on Safe Haven Status
In Asian trading, the U.S. Dollar extended earlier gains as its appeal as a safe haven status increased as investors’ concerns over the Eurozone crisis and a global slowdown weighed heavily on risk appetite. Continue reading
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USD Strengthens on Safe Haven Status
In Asian trading, the U.S. Dollar extended earlier gains as its appeal as a safe haven status increased as investors’ concerns over the Eurozone crisis and a global slowdown weighed heavily on risk appetite. Continue reading
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Risk Assets Off Pace on Data Downgrade
The U.S. Dollar steadied close to a 1-week peak against a weighted basket of major currencies finding support ahead of a downgrade by Moody’s of sixteen major global banking firms, including Citibank, JP Morgan and Deutsche Bank. Continue reading
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Risk Assets Off Pace on Data Downgrade
The U.S. Dollar steadied close to a 1-week peak against a weighted basket of major currencies finding support ahead of a downgrade by Moody’s of sixteen major global banking firms, including Citibank, JP Morgan and Deutsche Bank. Continue reading
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USD Resilient Despite Fed Announcement
In Asian trading, the U.S. Dollar stayed above a 1-month trough against a weighted basket of major currencies despite the announcement from the Federal Reserve yesterday that they would extend the Operation Twist program and would consider additional e… Continue reading
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USD Resilient Despite Fed Announcement
In Asian trading, the U.S. Dollar stayed above a 1-month trough against a weighted basket of major currencies despite the announcement from the Federal Reserve yesterday that they would extend the Operation Twist program and would consider additional e… Continue reading
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US Dollar Soft as Focus Shifts to Fed
In Asian trading, the Euro slipped against the U.S. Dollar but managed to hold onto the majority of gains made on Tuesday. Investors’ focus is squarely on Washington, D.C. and the U.S. Federal Reserve where the FOMC will be making an interest rate decision later today. Continue reading
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US Dollar Soft as Focus Shifts to Fed
In Asian trading, the Euro slipped against the U.S. Dollar but managed to hold onto the majority of gains made on Tuesday. Investors’ focus is squarely on Washington, D.C. and the U.S. Federal Reserve where the FOMC will be making an interest rate decision later today. Continue reading
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Spain’s Spiking Yields Send Euro Lower
The Euro’s typical volatility was clearly in evidence as investors put any lingering relief over Sunday’s Greek pro-bailout vote to rest and focused instead on Spain, where a debt auction of 10-year benchmark bonds saw yields rise to 7.3%. Continue reading
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