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Eagerly Awaited Euro News See’s Currency Hover – Waiting
Euro currency continued to hover around the $ 1.34 before Thursday noon meetings eagerly awaited, whether the ECB earlier or the European Council this evening. At this time, the euro cup of 0.21% 1.3388 against the dollar after a session high of 1.3430 at.
Against the yen, the euro was down 0.41% to...
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High Hopes For Europe Situation Ending
The major event of the past week has been concerted action by major central banks to ease liquidity pressures on the dollar. This led to a sharp correction in the dollar, which had acted as a safe haven, primarily for the benefit of currency Commodore (related to raw materials, commodities, ie) and to...
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Dollar Trading Technical Analysis For Today
The Eurozone continues to fuel concerns in the markets, investors are pinning hopes to the new anti-crisis measures at the next EU summit on December 9, but the Euro Dollar still resists, aided by the decline of the greenback.
The bad news for trading keeps coming in from Europe where rates are changing...
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The Importance Of Technical Analysis In Forex Trading
Techinal analysis is the pivot of forex trading and is important for a person to trade in successfully. The analysis can be set on the basis of certain universal parameters that are uniform through out the world. There are three arenas which need to be considered for technical analysis. These are market...
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Fear Drives The Euro Down Again
A combination of fear and sovereign European statistics disappointingly fired the single European currency below $ 1.34 at midday, for the first time since the beginning of October. At this time, the euro yield 0.84% to 1.3406 dollar, the current low point of the session being at 1.3374.
The trend is...
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Inability of policy makers in the euro area to take action
The sentiment remains negative in Euro trading, as evidenced by the relative changes in interest rates paid by the sovereign debt in the euro area. The yield of the OAT French 10 years has exceeded 4% this morning.
The euro was down 0.30% against the yen at 103.66.
‘The inability of policy makers...
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Further Lows In Euro Against All Forex Pairs
The Euro was experiencing further new lows against other major currencies this afternoon against a backdrop of renewed fears of sovereign debt. Around 12:30, the euro and yielded 0.79% against the dollar at 1.3515 dollar per euro.
Same story on the side of the yen, where the decline of 0.77% brings parity...
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