Posts Tagged ‘European currency.’
Safe-haven is USD bullish and benefited from worries about Europe and Korea
With the national debt caused by some member countries of the EU price drop of the EUR against the U.S. dollar, investors started quickly in the past week to orient themselves to secure "Safen-Havens. EUR / USD gave back much during the week, closing at 1.3241 on Friday after the week-high was 1.3790. A combination of continuing concerns in the euro area and threats to further North Korea's military strikes against neighboring South Korea, holds the financial markets in suspense. Dealers prefer to go "safe side". (more...)
Tags: Eur / Usd, European currency., financial market, Forex news, Trading
Currencies and Crises
Uncertainty and volatility have gained new force in financial markets. The swaying living several major currencies, arises from the tension and distrust of investors.
The common European currency, the euro, was the one who took the worst part of all, as it has given positions against most major currencies.
This situation was caused by the doubts hanging over Greece, Portugal and now Spain. (more...)Tags: currencies, European currency., in financial markets, of billions of dollars, the euro.
Euro Dollar short-term
This week we saw as the euro falls accentuated. The fear that countries such as Greece, Portugal and Spain can not refinance their deficits, caused the closure of the euro on Friday fell to their lowest levels since May 2009.
The euro depreciated against the dollar to close at 1.3691. Since early this year meant a brutal drop more than 5% variation. Read the rest of this entry »
Tags: central bank, European currency., of Finance, the dollar, the ECB, the markets
Investing in pounds
The euro continues to dream of the possibility of reaching parity with the British currency. Since the birth of the single currency in 1999, the euro almost never regained parity with the currency of Great Britain.
The pound all these years showed a sign of strength than the common European currency. The battle between the two currencies is very close. Read the rest of this entry »
Tags: approaches currently, British currency, European currency.
