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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 U.S. dollar extended gains versus most major rivals other than the Japanese yen Friday.
Written by Dukascopy (Suisse) SA Friday, 04 June 2010 09:40
Market OverviewThe U.S. dollar extended gains versus most major rivals other than the Japanese yen Friday, boosted as May nonfarm payrolls data showed a weaker-than-expected rise dominated by temporary government hiring.
The 431,000 increase in nonfarm payrolls reported by the Labor Department fell far short of the 538,000 consensus forecast produced by a survey of economists.
EURUSD remains down sharply, at USD.2052 from USD1.2156 late Thu but is stabilizing after recent drop on...
The euro dropped Tuesday after falling overnight.
Written by DailyFX Wednesday, 02 June 2010 10:24
Market OverviewThe euro dropped Tuesday after falling overnight to a fresh four-year low as investors feared the euro-zone sovereign-debt crisis would infect the region's banking system and derail a global recovery. Worse-than-expected Chinese economic data stoked fears the recovery could be on fragile footing, leading investors strongly out of riskier currencies considered closely tied to global growth, such as the Australian dollar, which lost more than 1.5% against the greenback. The...
Read more: The euro dropped Tuesday after falling overnight.
The yen fell against the dollar and euro in Asia Wednesday.
Written by Dukascopy (Suisse) SA Wednesday, 02 June 2010 10:24
Market OverviewThe yen fell against the dollar and euro in Asia Wednesday as short-term players sold the Japanese currency after the resignation of Japan's Prime Minister Yukio Hatoyama dented its safe-haven allure. The dollar rose to a two-week high of JPY91.78. At 0450 GMT, the dollar stood at JPY91.34, up from JPY91.11 late Tuesday in New York. The euro was at JPY111.48 from JPY111.44, after earlier marking a high at JPY112.50 following Hatoyama's announcement. The euro gave up its earlier...
Read more: The yen fell against the dollar and euro in Asia Wednesday.
The euro fell against the dollar in Asia Tuesday.
Written by Dukascopy (Suisse) SA Tuesday, 01 June 2010 10:24
Market OverviewThe euro fell against the dollar in Asia Tuesday as reports of a delay in Argentina debt restructuring and of the European Central Bank's estimate of bank losses may propel investors to further cut holdings of euro-denominated assets. The ECB released its semiannual Financial Stability Review and said that euro-zone banks may face net write-downs on loans and securities of EUR90 billion in 2010 and EUR105 billion in net losses in 2011. Asian investors took these overnight...
Read more: The euro fell against the dollar in Asia Tuesday.
UFXBank Week in Forex - May 31, 2010
Written by UFX Bank Sunday, 30 May 2010 13:27
More Articles...
- 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.
- A weak tone in the Chinese share market added to the euro's woes in Asian trading Tuesday.
- The dollar declined versus the euro on Tuesday.
- Market review for 10 – 14. 05, 2010
- UFXBank Week in Forex - May 17, 2010
- The euro got a respite from its falls against the yen in Asia Friday.
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