Category Archives: News

Relieved investors helped to give the common currency a boost which briefly struck a 1-month peak against the greenback following the election outcome in Greece which supports the Euro. Continue reading →

The Euro edged higher in Asian trading as investors have pinned their hopes on central banks to contain potential repercussions that could arise from the outcome of Sunday’s Greek election. Continue reading →

Following a short-lived rally, the Euro’s gains have been capped as investors await an Italian sovereign debt auction which will be held later today; there is a growing concern among investors that the third largest economy in the Eurozone may need some external support. Continue reading →

The Euro moved lower but remained range-bound during the Asian trading session, as investors hold their positions ahead of the upcoming Italian sovereign debt sale and this weekend’s critical Greek vote, the latter of which will likely shape the Eurozone’s future. Continue reading →

The EU may have voted to inject up to 100 billion euros into Spanish banks, but the increase in Spanish and Italian bond yields on Monday indicates that investors still doubt the success of the Spanish bailout plan. Continue reading →

Analysts say that the Euro could see its single largest daily rally today as investors’ relief over Spain’s request for assistance to aid its banking sector grows as markets in Europe and then North America open later today. Continue reading →

Thursday ended up being a disappointment for investors who were awaiting word from Fed Chairman Ben Bernanke that they intended to provide additional stimulus to shore up an economic recovery that was in danger of losing its momentum. Continue reading →

The Euro continued to firm against the U.S. Dollar in Asian trading on Thursday, boosted by growing hopes of a more accommodative bias from some members of the European Central Bank and the U.S. Federal Reserve suggesting that the central banks might p… Continue reading →

The Euro continued to mark small gains as investors’ risk appetite increased following the earlier report of unexpectedly good Australian growth Nonetheless, Euro-Dollar traders remain wary ahead of tomorrow’s meeting of the European Central Bank’s policy setting committee. Continue reading →

The Euro continued to extend yesterday’s gains and marched to a 1-week high in Asian trading as sellers pared their huge bets ahead of a G7 conference call. Continue reading →