Posts Tagged ‘single currency’
EUR / USD – Daily Outlook for Tuesday 30 March 2010
The euro was strong yesterday and climbed in the course of the recovery back on the last lows at 1.3440 - 1.3480 USD. So that the bears are initially thwarted. ...
EUR / USD - Euro against U.S. Dollar - ISIN: EU0009652759
Trade: 1.3529 USD
Intraday resistance: 1.3586 / 1.3600 + 1.3700 + 1.3802
Intraday support: 1.3440 / 13420 + 1.3365 / 1.3375 + 1.3268 + 1.3200 (more...)Tags: Foreign Exchange, single currency, Trading
European Central Bank
Tags: central bank, Central European finances, single currency
The euro remains weak
In Tokyo the forex market investment dollars are focused on affecting the European single currency before the declaration of the Federal Reserve, monetary policy issue to follow.
Investors hope that the statement is giving indications that the administration to begin withdrawing its current monetary policy with low interest rate. Speculation abounds that the improved economic outlook for the U.S. to require the Federal Reserve to make changes in its policy sooner than expected. Recently, Ben Bernanke, chairman of the Federal Reserve Bank in response to a question by Senator Jim Cummings, of Kentucky, said the U.S. economy was not operating to its full potential, so that the risk inflation was unlikely. Read the rest of this entry »
Tags: European, forex market, single currency, U.S. economy
