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...

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...

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...

The ‘spread’ rates are increasing significantly on Euro bond markets, while the announced departure of Silvio Berlusconi fails to reassure investors about the Italian political crisis. Thus, the 10-year yield from the requirement of an Italian climbing sixty basis points to 7.38%, while that...

The foreign exchange market was further punctuated by Greece after Prime Minister has surprised everyone by announcing a referendum on the second aid plan and the surprise cut interest rates by the ECB, noted Friday Natixis. “Despite the rise of systemic risk, the euro, however, relatively well...

The euro shows a timid gain against the greenback, 1.393 to 1.391 dollars against dollar on Tuesday night, pending the summit of European leaders to finalize their action plan address the debt crisis. We must recapitalize European banks (100 billion) to absorb the depreciation to be decided in order...

The single European currency was again misdirected against the U.S. dollar on Tuesday as the sense of caution took precedence over optimism. This afternoon, the euro gave further 0.25% against the dollar at 1.3702 dollar. It had already sold 1.04% last night. A decline was also found against the yen...