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Gold tests key support as Euro hit 6-month low »
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Germany unemployment rises while confidence improves in euro zone »
Thu, Jan 28 2010, 10:48 GMT
by ecPulse.com analysis team
After the progress madefrom most of the sectors in the euro zone, boosted confidence levels, while attention is now directed towards the employment sector thatwhich was heavily brutalized by the economic recession that had ravaged economies around the world.
We clearly continue to [...]
Dollar gains against euro, falls against pound and yen »
Dollar gains against euro, falls against pound and yen
Wed, Jan 27 2010, 18:58 GMT
by ecPulse.com analysis team
The world’s leading currency managed to gain against the Euro but fell against both the Yen and the Pound, trading at five week lows against the Yen before the FOMC rate decision whereas expectation [...]
Czech Social democrats call for euro adoption by 2014/2015 »
Fri, Jan 22 2010, 09:34 GMT
eased significantly yesterday, tracking a negative correction in all risky markets. The EUR/CZK pair bounced back above the 26.0 level despite quite an optimistic promise made by Soc-democratic leader Paroubek. He said that its party wants to lower the budget deficit so that the Czech Republic can [...]
FX: Euro sell-off continues »
Thu, Jan 21 2010, 08:19 GMT
On Wednesday, the slide in
continued and the drivers were not different from the previous sessions. The Greek budgetary problems were still the talk of the town and there was also additional fall-out on other European countries as the credit spreads of the likes (as Spain and [...]
Euro continues to flounder as China growth bursts north »
Thu, Jan 21 2010, 13:14 GMT
Typically it would be safe to say that an acceleration of growth in mainland China would increase risk taking generally across the globe. However, the resumption of vigorous growth as displayed in data from Beijing today heralds further restrictive measures aimed at calming too hot growth in [...]
Euro drops severely… »
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Euro skids lower, China sags on loan curbs »
Euro skids lower, China sags on loan curbs
SYDNEY (Reuters) – The euro fell to a five-month low against the dollar on Wednesday as investors seized on Greece’s fiscal woes to drive the currency below key support, while shares in China were hit by reports of bank lending restrictions.
The latest move by the Chinese [...]
Euro schism »
Fri, Jan 15 2010, 13:22 GMT
So far in 2010 global markets have been inching further forward by the day. Risk appetite keeps pulling through no matter what events are thrown at it. As the week draws to a close it’s the dollar index that’s on the rise, but not for the obvious [...]
The euro continues to benefit from the dollars weakening trend »
Daily U.S. Forex Summary
Thu, Jan 14 2010, 06:17 GMT
U.S. dollar
continued its weakening trend this morning falling to fresh 4-week lows against the euro. Additionally, higher-yielding currencies rebounded from steep losses in the previous session as investors concluded China’s surprise monetary tightening would not derail its growth.
Chief [...]