euro-trading

European Outlook On Forex Markets

The euro confirmed in the last forex market session of the week’s recent renewed appreciation against the dollar, and it is now testing the $ 1.32 the euro. If “episode 4″ of the European sovereign crisis is still ongoing, Spain, the market clings to this afternoon a German Ifo index...
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euro-trading

Euro Stays Rangebound

While remaining beyond the symbolic $ 1.31 the euro, the single European currency was still without a new trend after auction of government bonds eagerly awaited in Spain. Around 24:40, the euro symbol and dollar 1.3114 (- 0.04%). The only movement marked one of the great ‘pairs’ of currencies...
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euro-trading

Euro Holds Up Despite Lack Of Progress

Despite a lack of major progress in the negotiations between Greece and its creditors, the Euro continues to withstand and rebound, not without the help of the latest comments by the Monetary Policy Committee of the U.S. Federal Reserve (FOMC). After the two-day meeting, the central bank of the world’s...
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dollar trading

Euro Optimism For Traders Versus The US Dollar

The single European currency retained going to the foreign exchange market this morning. Prior to the release of U.S. growth for the last quarter of 2011, traders will still show optimism about the crisis in the euro area. Around 24:55, the euro is thus 0.29% to 1.3144 dollars, more than five cents above...
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dollar trading

Euro And Dollar Waiting For The ECB

The single European currency is resumed from 0.32% to 1.2750 dollar the euro this afternoon before a highly anticipated meeting of the ECB. Euro recovers against the yen also (+ 0.43% to 98 yen) the sterling (0.19% to 0.8307), but settles on the other hand against the Swiss franc (- 0.13% to 1 , 2106...
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euro-trading

Spain Bond Issue Reassures Euro For Now

The euro rose against the dollar Tuesday, hovering around $ 1.31, helped by a reassuring bond issue in Spain, and the announcement of finance ministers of euro loan to the International Monetary Fund (IMF), but caution was in order. By 1700 GMT, the euro bought 1.3067 dollars against 1.2996 dollars around...
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dollar trading

More Strength Against Dollar And Forex For Euro

The single European currency was resuming strength this afternoon against all competing currencies, driven in particular by the German ZEW index. Thus, about 24:45, displayed the euro up 0.44% to 1.3225 dollar. A low point was reached this morning from 1.3166 was reached this morning. Similarly, the...
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