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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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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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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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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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