Posts Tagged ‘euro’

EURO BEARING – ECB interest rate decision overshadowed by DEBT CRISIS

The euro is under pressure again in currency trading, after the sharp downgrade of the Portuguese credit rating concerns about the European debt crisis back in the foreground are placed. Despite broad support among forex traders expecting the European Central Bank President Jean-Claude Trichet interest rates again this afternoon will increase by 0.25%.

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STABLE AFTER EURO NOTES Trichet – Forex WAIT FOR NON FARMS

The decline of the euro on the Forex is stopped yesterday after the European Central Bank raised interest rates as expected. ECB President Trichet in his press conference also announced that the ECB will continue to accept Portuguese government bonds, regardless of the low credit rating.       (more...)

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EUR / USD, current trading opportunities

The experts at Smart Currency Markets illuminate the current situation in the Euro (EUR / USD).

 

 

 

 

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Euro reaches new day low against the U.S. dollar

Today, in the early night, marked the currency pair the euro against the U.S. dollar (EUR / USD), a new low against the previous day.

 

 

 

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Euro reaches new day high against the British pound

Today, in the morning, marked the currency pair the euro against the British Pound (EUR / GBP), a new high against the previous day.

 

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EURO continues to struggle

The EURO continues to struggle this morning, under weight from a combination of soggy PMI data and continuing concerns over Greeces finances. The possibility that austerity measures may not pass through the parliament is again weighing on investors appetite for risk.

 

 

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The Swiss National Bank left its main interest rates unchanged and Franc reaching the new all-time high versus the euro.

The Swiss National Bank left its main interest rates unchanged today and predicted that the inflation will grow. The Swiss franc jumped, reaching the new all-time high versus the euro. 

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Euro becomes stronger these days

After the climb we saw yesterday in the Forex market in the euro against the dollar for the euro broke the 1.3900 quite easily, not only that, but it came to mark the annual maximum was set at 1 , 3976. Read the rest of this entry »

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The Euro extends bounce

The study of KBC markets
Tuesday, the Euro extended its ascent against the dollar. The tendency was already in place from the early past week and in the absence of the dominant economic data the movement was extended. ECB (Noyer) still that was something optimistic in the European economy that entered 2008 could slightly have been support Euro and this one also was the case for the positive feeling of the market that reigned in the bags, at least on the early hours of negotiating. Nevertheless, in the USA to negotiate the Euro (and the action) lost clearly impetus more ahead and EUR/USD closed the day in 1.4725, still a decent increase compared in the closing 1,4657 Mondays. Read the rest of this entry »

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Depressions of the pound after another distribution of the rescue of the bank

LONDON (AP) – the pound slipped towards a point under six weeks against the dollar Monday after the warning of the weekend of the British government who will take a stake from the majority in the PLC of the group of banking activities of Lloyds in exchange for assuring up to 260 billion pounds of assets in the ill bank. By the time of London of the noon, the pound was underneath 1,8 percent in $1.3832, previous falling to $1,3776, the lowest level from the last January $1,3501 – itself the level more under almost 24 years. Read the rest of this entry »

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