The euro held onto gains Friday morning.

Written by Dukascopy (Suisse) SA Friday, 30 April 2010 13:07

Market Overview
The euro held onto gains Friday morning, supported by expectations that details of an aid package for Greece will soon be announced.
First-quarter U.S. GDP data held no surprises and had little impact on the currency markets, with attention focused on the next step in the Greek debt crisis.
European Commission President Jose Manuel Barroso issued assurances following reports that Greece has signed up to a EUR24 billion austerity package that a deal will be finalized "very...

Read more: The euro held onto gains Friday morning.

The euro rose slightly against the dollar in Asia Friday.

Written by Dukascopy (Suisse) SA Friday, 30 April 2010 12:53

Market Overview
The euro rose slightly against the dollar in Asia Friday on continued expectations for a Greece bailout package, while currency markets shrugged off a hint from Japan's central bank of possible further monetary easing.
The single currency rose to an intraday high of USD1.3266 from USD1.3238 in New York late Thursday, before settling around USD1.3250. Position adjustments by speculators, including Japanese interbank dealers, ahead of the weekend helped push the euro higher...

Read more: The euro rose slightly against the dollar in Asia Friday.

The euro inched higher against the U.S. dollar Thursday.

Written by Dukascopy (Suisse) SA Thursday, 29 April 2010 08:17

Market OverviewThe euro inched higher against the U.S. dollar Thursday in Asian trade, but remained close to recent lows amid concerns about a worsening sovereign debt crisis in the euro zone.The euro had inched slightly higher against the dollar, bouncing a touch from the new one-year low Wednesday following the Fed's commitment to keep interest rates low. At 0615 GMT, the euro was at USD1.3213 against the dollar, from USD1.3203 in late New York trade Wednesday, after having fallen as low as...

Read more: The euro inched higher against the U.S. dollar Thursday.

The U.S. dollar edged lower against most of its currency rivals Wednesday.

Written by Dukascopy (Suisse) SA Wednesday, 28 April 2010 09:48

Market Overview
The U.S. dollar edged lower against most of its currency rivals Wednesday in Asia, giving back some of the gains it saw in North American trading as Asian markets digested the news of downgrades to Greece's and Portugal's sovereign ratings.
The dollar index (DXY) fell to 82.162 from 82.293 late Tuesday in North American trading.

Asian currencies opened lower Wednesday, as traders said jitters on Greece's downgrade should lead to consolidation moves and profit-taking after...

Read more: The U.S. dollar edged lower against most of its currency rivals Wednesday.