Category Archives: News

Euro Gets a Bounce on Aussie, US Dollar

In Asian trading, the Euro steadied following a strong response to the Spanish and Italian debt auctions held yesterday and analysts suggest further that the Euro may now be stabilizing against the Australian Dollar. Continue reading

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Euro Traders Eye Spanish Auction

The common currency Euro clawed for gains in Asian trading today, coming off a newly struck 16-month low, but analysts say that gains will be capped as Spain’s sovereign debt auction looms. Continue reading

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Euro Broadly Lower in Cautious Trade

In Asian trading, the Euro slipped further against the U.S. Dollar, indeed falling against most currencies, as investors trade cautiously in the day ahead of an ECB policy meeting and a Spanish bond auction. Continue reading

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Pressure Builds for the Euro

The Euro managed to hold steady in Asian trade, but analysts say it remains vulnerable as the week progresses and two key debt auctions loom. As reported at 12:31 pm, the Euro was trading at $1.2767, rebounding from $1.2666, the recently struck 16-mont… Continue reading

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Euro Slips Again as Fears Consume

The Euro struck a 16-month trough against the U.S. Dollar in Asian trading as negative headlines out of the Eurozone weigh. As reported at 11:19 a.m. (JST) in Toyo, the Euro was trading 0.2% lower at $1.2694, recovering from an earlier struck low of $1… Continue reading

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Ahead of US Jobs Data, Euro Vulnerable

The Euro continues to come under pressure in Asian trading, hovering near to a 16-month trough against the U.S. Dollar, and analysts expect more declines ahead. As the first full trading week of the new year draws to a close, market players worry that … Continue reading

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Euro Down as Markets Eye French Auction

In Asian trading, the Euro continues to hold close to multi-year lows versus the Australian Dollar and Japanese Yen as Eurozone troubles come back into focus ahead of an auction of French sovereign debt later in the trading day. Continue reading

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Euro Gains on Whetted Appetite for Risk

In Asian trading, the Euro held overnight gains following the largest single day rally for the common currency in almost two months, driven by whetted risk appetite and short covering. Continue reading

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Euro Gets a Reprieve on Short Covering

In Asian trading, the Euro traded higher against the safe haven U.S. Dollar and Japanese Yen, but briefly struck a new low against the Australian Dollar precipitated by some short covering and an underpinning of investors’ risk appetite. Continue reading

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Euro Off To Rocky Start for 2012

The 10-year anniversary of the Euro came and went on Sunday with very little fanfare, as reasons to celebrate the common currency appear far and few between. Continue reading

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