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Market Review
This area looks at overviews of the Forex Market and takes a deeper look into currency pairs and their behaviour.
The dollar advanced slightly Monday.
Written by Dukascopy (Suisse) SA Monday, 07 June 2010 19:34
Market OverviewThe dollar advanced slightly Monday as last week's flight to safety showed signs of easing after an unexpected jump in German factory orders.
EURUSD ticking down, but remains off the more than 4-year low it hit in Asian trading, as US stocks swing from gain to loss, down about 0.7%. EURUSD at USD1.1927 from USD1.1962 late Fri, as investors remain worried over euro-zone sovereign-debt crisis and possible contagion across the region.
Pressure on the euro briefly eased on Monday...
The euro dropped to fresh multi-year lows against the dollar and the yen in Asia Monday.
Written by Dukascopy (Suisse) SA Monday, 07 June 2010 19:34
Market OverviewThe euro dropped to fresh multi-year lows against the dollar and the yen in Asia Monday as investors dumped the risk-sensitive common currency on concerns that European debt woes and weak global share markets would push it lower this week.
The common currency also marked a record low against the Swiss franc, fueling speculation that the Swiss National Bank could step into the market later in the global day to staunch further falls.
Late last week, remarks by Hungarian...
Read more: The euro dropped to fresh multi-year lows against the dollar and the yen in Asia Monday.
Forex-Metal Market review for 31.05 – 04.06, 2010
Written by Forex Metal Monday, 07 June 2010 15:13
In the beginning of the previous trading week, the euro continued to be under pressure of the debt Euro-zone crises. And the released on Monday fundamentals could not render any support to the euro. The Euro-zone economic confidence index for May dropped and turned out to be below the forecast: it factual level of 98.4 against the expected 100.6 mark. During the trading day the EUR/USD pair managed to grow to $1,2335, but then decreased to the range of $1.2280. On Monday the Memorial Day...Read more: Forex-Metal Market review for 31.05 – 04.06, 2010
UFXBank Week in Forex - June 7, 2010
Written by UFX Bank
The yen was lower against major rivals in Asian trading Friday.
Written by Dukascopy (Suisse) SA Friday, 04 June 2010 09:41
Market OverviewThe yen was lower against major rivals in Asian trading Friday but steadied after the ruling Democratic Party of Japan elected Naoto Kan as its leader, all but assuring that he will formally assume the prime minister's role later in the day.
But speculators refrained from rushing to sell yen, despite a weak-yen advocate moving closer to becoming Japan's new leader, as weaker regional share markets sustained some demand for the safe-haven currency.
The dollar bought JPY92.66, up...
Read more: The yen was lower against major rivals in Asian trading Friday.
More Articles...
- The U.S. dollar extended gains versus most major rivals other than the Japanese yen Friday.
- The euro dropped Tuesday after falling overnight.
- The yen fell against the dollar and euro in Asia Wednesday.
- The euro fell against the dollar in Asia Tuesday.
- UFXBank Week in Forex - May 31, 2010
- Market review for 17 – 21. 05, 2010
- UFXBank Week in Forex - May 24, 2010
- The European single currency briefly recovered versus the dollar on Friday.
- The euro fell to a fresh four-year low against the dollar in Asia Wednesday.
- The euro rebounded from four-year lows Wednesday.
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