Category Archives: News
U.S. Dollar Edges Off 2-week High
The U.S. Dollar slipped against the Japanese Yen during the Asian trading session coming off a 2-week high struck last Friday after the U.S. Labor Department reported an unexpected improvement to 7.8% in the unemployment rate. Continue reading
Euro Holds after ECB Stands Pat
The Euro slipped lower against the U.S. Dollar but held firm not far from the 2-week high struck after the ECB said that they stood ready to purchase sovereign debt. Continue reading
Markets Eye Central Banks’ Decision
The Japanese Yen is edging close to a 2-week low against the U.S. Dollar as investors take positions against the possibility that the Bank of Japan’s monetary policy becomes looser at the conclusion of this week’s policy setting meeting. Continue reading
Euro Holds while Aussie Falls
The Euro held steady in Asian trading as investors attempt to gauge whether or not Spain is prepared to ask for financial assistance. Continue reading
U.S. Data Gives Euro a Lift
Currencies were boosted slightly after somewhat positive manufacturing data from the U.S. Get the full story here. Continue reading
Spain’s Bank Tests Results Weigh on Euro
During the Asian trading session the Euro slipped lower against the U.S. Dollar as investors digest the results of the latest Spanish banks’ stress test which did little to minimize concerns of a much-needed financial bailout. Continue reading
Euro Regroups as Spain Offers Budget
The Euro firmed above the recently struck 2-week low after Spain’s government revealed a 2013 budget that many believe is a move towards stabilizing its finances. Continue reading
Euro Near 2-Week Low as Spain Delays
See how economic turmoil in Spain and anti-austerity protests are affecting the global markets. Continue reading
Spain Woes Capping Euro Gains
In Tokyo, the EUR/USD was trading at $1.2899, close to Tuesday’s low and down nearly 2% from the 4-month peak struck last week. Analyst say that support for the EUR/USD pair is seen at around $1.28 Continue reading
Euro Feels Pressure from Spain
The Euro edged higher against the U.S. Dollar in the Asian trading session following Monday’s fall to a 1-week low triggered by growing worries over Spanish debt and the government’s laissez faire attitude toward help. Continue reading
