Members login
Market Review
This area looks at overviews of the Forex Market and takes a deeper look into currency pairs and their behaviour.
The euro rose sharply against the yen and dollar in Asia Monday.
Written by Dukascopy (Suisse) SA Monday, 10 May 2010 18:46
Market OverviewThe euro rose sharply against the yen and dollar in Asia Monday as a series of remarks from the European Central Bank strengthened views that the authorities have created necessary safe-net measures and prompted non-Japanese hedge funds to buy the euro.
Non-Japanese hedge funds and Asian speculators bought the euro as the authorities' quick move to stave off concerns about Greek debt issues reassured investors, dealers said.
Overnight E.U. finance ministers reached agreement on...
Read more: The euro rose sharply against the yen and dollar in Asia Monday.
The euro fell to a fresh 14-month low against the dollar in Asia Thursday.
Written by Dukascopy (Suisse) SA Thursday, 06 May 2010 12:35
Market OverviewThe euro fell to a fresh 14-month low against the dollar in Asia Thursday as riots in Greece fueled investor concern that the nation can't implement fiscal reform steps smoothly and may face higher default risk.
Three people were killed during demonstrations in Athens Wednesday in protest against the government's spending-cut and tax-hike plans to avert national bankruptcy. Over the weekend, the government agreed to an EUR110 billion (USD141 billion) European Union and IMF debt...
Read more: The euro fell to a fresh 14-month low against the dollar in Asia Thursday.
The euro fell against the U.S. dollar and the yen Wednesday.
Written by Dukascopy (Suisse) SA Wednesday, 05 May 2010 10:53
Market OverviewThe euro fell against the U.S. dollar and the yen Wednesday in Asian trade, hit by concerns that the euro-zone sovereign debt crisis may not be contained by the latest bailout package announced for Greece.
At 0450 GMT, the euro was at JPY122.65, from JPY122.71. At the same time, the dollar traded at JPY94.73, up from JPY94.40 but still unable to breach the JPY95 resistance that has held for two days. Japanese markets remained closed Wednesday for the last day of the Golden Week...
Read more: The euro fell against the U.S. dollar and the yen Wednesday.
Forex-Metal Market review for 26 – 30. 04, 2010
Written by Forex-Metal Monday, 03 May 2010 13:36
The euro rate fluctuations on Monday and during the whole following week were totally a result of the Greek issue. After the announcement of the German Chancellor, Angela Merkel, that the funds would not be allocated unless Greece would not follow the strict plan aimed to reduce the country’s budget deficit, the euro rate dropped significantly. But then the euro received some support from the statement of the ECB member committee, Axel Weber, who mentioned the strength of the euro currency...The euro fell against the U.S. dollar and yen Monday.
Written by Dukascopy (Suisse) SA Monday, 03 May 2010 10:27
Market OverviewThe euro fell against the U.S. dollar and yen Monday in Asian trade amid worries that a EUR110 billion bailout package for Greece, announced over the weekend, may still find hurdles later this week.
The euro also fell against the Japanese yen, and last traded at JPY124.27 from JPY124.69 late Friday, but remained above key support levels of around JPY123 and JPY121.
Against the dollar, the yen traded at JPY93.94 from JPY93.81.
The ICE Dollar Index, which tracks the dollar against...
Read more: The euro fell against the U.S. dollar and yen Monday.
More Articles...
- UFXBank Week in Forex - May 3, 2010
- The euro held onto gains Friday morning.
- The euro rose slightly against the dollar in Asia Friday.
- The euro inched higher against the U.S. dollar Thursday.
- The U.S. dollar edged lower against most of its currency rivals Wednesday.
- The dollar and euro ticked down against the yen in Asia Tuesday.
- Market review for 19 – 23. 04, 2010
- The euro rose to a one-week high against the yen in Asia Monday.
- UFXBank Week in Forex - April 26, 2010
- The euro stabilized Friday.
Page 9 of 40