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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.
Market review for 17 – 21. 05, 2010
Written by Forex-Metal Tuesday, 25 May 2010 08:09
During the whole trading week the euro rate dropped to its April 2006 minimums. On Monday the growing speculations regarding the slowing down of the Euro-zone economy rehabilitation, continued to influence the dramatically decreasing euro rate. And the EUR/USD pair showed its minimums at the level of $1.2230. Following the euro, the sterling showed its decrease as well. The pound was also pressured by the statement of the Minister of Finance of Great Britain, Mr. George Osborne. He pointed...UFXBank Week in Forex - May 24, 2010
Written by UFX Bank Monday, 24 May 2010 15:05
The European single currency briefly recovered versus the dollar on Friday.
Written by Dukascopy (Suisse) SA Friday, 21 May 2010 09:02
Market OverviewThe dollar and the euro ticked up against the yen in Asia Monday as short-term players in the region reacted to gains in Chinese share markets by selling the safe-haven yen in favor of the two riskier currencies.
In the early Asian session, investors sold the dollar and the euro after the Wall Street Journal said the U.S.' financial-overhaul bill, passed last week, brings big banks closer to what could be major credit-ratings downgrades. Such downgrades would sock banks with...
Read more: 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.
Written by Dukascopy (Suisse) SA Wednesday, 19 May 2010 07:35
Market OverviewThe euro fell to a fresh four-year low against the dollar in Asia Wednesday, as investors in the region dumped the common currency on the view that new German financial regulations will complicate managing the risk of holding the currency.
The new rules announced overnight may make both short- and long-term investors increasingly eager to further trim their euro holdings. The regulations are also likely to weigh on European equities later in the global day, further hurting the...
Read more: The euro fell to a fresh four-year low against the dollar in Asia Wednesday.
The euro rebounded from four-year lows Wednesday.
Written by Dukascopy (Suisse) SA Wednesday, 19 May 2010 07:35
Market OverviewThe euro rebounded from four-year lows Wednesday on market speculation that European authorities are preparing a response to the common currency's rapid decline.
The euro spiked against the Swiss franc to CHF1.4190 from around CHF1.4000, and has also gained ground against other currencies. The Swiss National Bank Wednesday declined to comment on speculation about its possible intervention in the foreign exchange market.
The ICE Dollar Index, which tracks the greenback against a...
Read more: The euro rebounded from four-year lows Wednesday.
More Articles...
- 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.
- The euro sank below USD1.2500 Friday.
- The euro rose against the dollar in Asia Thursday.
- The euro fell against the dollar and yen in Asia Wednesday.
- The euro fell against the yen and dollar in Asia Tuesday.
- The common currency had overnight surged to nearly USD1.31.
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