Author Archives: info@dailyforex.com

The European Central Bank announced an across the board interest rate cut of 0.10% (or 10 basis points) to become effective on September 10th; that announcement took markets by surprise as analysts had believed that the ECB would leave interest rates u… Continue reading →

Equity worldwide rose on Wednesday with the S&P 500 hitting a record high on hopes that a resolution will be reached between Ukraine and Russia. The euro rebounded from a 1-year low against the dollar on expectations for more European Central Bank stimulus. Continue reading →

News that a possible “permanent” ceasefire between Russia and Ukraine is currently being negotiated has helped to lift the common currency Euro out of its recent doldrums; however, currency analysts have pointed out that there are conflicting reports which could tend to limit any additional gains. Continue reading →

Asian shares shrugged off early losses on Wednesday, as the yen touched an almost eight-month low and bonds in the region tracked Treasuries lower amid signs of strength in the U.S. economy. Continue reading →

The pressure on the Euro appears relentless as speculation that the ECB is prepared to ease further continues to grow with the result that the Euro has now fallen to a new 1-year trough versus the U.S. Dollar. Continue reading →

Asian shares slipped on Tuesday while the euro hit a fresh one-year low on uncertainty over the European Central Bank’s policy decision later this week. Continue reading →

Asian shares edged higher on Monday, with investors wary of a deepening crisis in Ukraine and a downbeat China manufacturing survey; the euro touched a fresh one-year low ahead of this week’s European Central Bank meeting. Continue reading →

Asian stocks fell, with the regional benchmark index headed for its first monthly decline since April, led by materials and consumer shares. Friday’s slump followed flaring Ukraine tensions which spoiled investor risk appetite and bolstered the safe-haven yen. Continue reading →

Ahead of today’s release of Germany CPI data and tomorrow’s inflation report for the Eurozone, the common currency managed to hold onto some modest gains against the greenback but investors multi-pronged concerns pushed the Euro lower. Continue reading →

Asian stocks crept up on Thursday following another steady performance by Wall Street shares which hovered near record highs, while the euro clung to modest gains after rebounding from 13-month lows. Continue reading →