Market Review – 17/06/2010 21:13 GMTEuro surges on solid Spanish bond demandThe euro rallied as increased demand at Spain’s bond auction waned fears about the country’s ability of refunding in the market. The single currency also drew...
Market Review – 16/06/2010 21:50 GMTEuro retreats on worries over SpainEuro fell on Wednesday as renewed worries on the Spanish banking systems prompted investors to sell the single currency. Poor U.S. housing data also pressured euro but...
Market Review – 14/06/2010 21:26 GMTEuro pares gains after Moody’s downgrades Greek bonds to junk levelThe single currency initially traded with a firm undertone on Monday as euro surged above last Friday’s high of 1.2153 to 1.2208...
Market Review – 11/06/2010 21:43 GMTDollar gains on concerns over economic recoveryDespite falling for 3 consecutive days versus the euro, dollar gained on Friday after the release of much weaker-than-expected U.S. retail sales data, rekindling concerns that...
Market Review – 10/06/2010 21:34 GMTEuro rallies on optimism over global economic recoveryEuro surged as strong demand for Spanish bonds eased worries if the country could fund its debt in the market while a sharp rise in...
Market Review – 09/06/2010 21:25 GMTEuro pares early gains after U.S. stocks retreatAlthough the single currency moved narrowly in Asia, euro rose sharply in Europe on short-covering after triggering stops above previous day’s high of 1.2010 and...
Market Review – 08/06/2010 21:37 GMTEuro edges up against the greenback on rebound in U.S. stocksDespite falling in NY session on Monday due to renewed cross-selling in euro versus yen, good buying interest at 1.1900/10 area contained...
Market Review – 07/06/2010 21:46 GMTEuro hovers near a fresh 4-year low on weakness in U.S. stocksEuro extended Friday’s decline and fell to a fresh 4-year low at 1.1876 in Asian morning after breaching Friday’s low made...
Market Review – 04/06/2010 21:36 GMTEuro tanks below $1.2000 level on European debt fears and selloff in US stocksEuro tumbled below $1.2000 for the first time since 2006 amid fears that the European debt problems are spreading...
Market Review – 03/06/2010 21:45 GMTDollar firms ahead of key U.S. payroll dataThe U.S. dollar rose across the board on Thursday as investors made bullish bets for a strong reading of the key U.S. payrolls data due...
