The euro surged Monday.

Written by Dukascopy (Suisse) SA Monday, 14 June 2010 20:08

Market Overview
The euro surged Monday on the back of strong euro-zone economic data that helped cast aside lingering worries of the region's sovereign debt crisis.
The euro has declined more than 15% against the greenback since the start of 2010 as investors have worried over the sovereign debt of stressed member states, and the euro-zone's response to the crisis has oftentimes failed to appease those worries.
Industrial production figures for April showed the sharpest year on year increase...

The euro hit a one-week high against the yen in Asia Monday.

Written by Dukascopy (Suisse) SA Monday, 14 June 2010 20:08

Market Overview
The euro hit a one-week high against the yen in Asia Monday as upturns in Asian stocks boosted non-Japanese hedge funds' appetite for the risk-sensitive euro on its lows.

Buying by non-Japanese hedge funds and Asian investors pushed the euro up to YEN112.01, its highest since June 4. The unit marked a one-week high of USD1.2208 after automated stop-loss buying-orders were triggered around USD1.2150. As of 0450 GMT, the euro was at YEN111.80 and USD1.2175 compared with YEN110.65...

UFXBank Week in Forex - June 14, 2010

Written by UFX Bank Monday, 14 June 2010 12:15

The euro rose against the yen and dollar in Asia Tuesday.

Written by Dukascopy (Suisse) SA Tuesday, 08 June 2010 13:14

Market Overview
The euro rose against the yen and dollar in Asia Tuesday as rallying regional equities prompted short-term investors to scoop up the risk-sensitive common currency, though lingering concern over European debt woes will likely limit further rises, dealers said.
The respite in the euro's recent falls came as Asian bourses strengthened, bucking expectations for weakness after the Dow Jones Industrial Average closed down 1.2%. In early afternoon trade, Japan's benchmark Nikkei...