Market Review – 27/05/2011 21:11 GMT Euro rallies on easing of euro zone debt concerns and broad-based dollar weakness Euro rallied on Friday as euro zone debt concerns eased and the greenback weakened against its major counterparts...
Eur/usd – 1.4246 … The single currency jumped to 1.4278 in Tokyo lunch session (liquidity was poor as mentioned earlier) due to active short-covering after triggering stops at 1.4210 n 1.4250 on speculation that U.S. economic growth...
Market Review – 26/05/2011 21:16 GMT Euro ends higher against the greenback after intra-day volatile movements The single currency traded in a volatile manner on Thursday, having staged initial rally from Asian morning low of 1.4068 to...
Market Review – 25/05/2011 20:46 GMT Euro pares intra-day losses on hawkish comments from ECB membersThe single currency pared intra-day losses against the dollar on Wednesday after hawkish comments from European Central Bank (ECB) Executive Board member...
Market Review – 24/05/2011 20:21 GMT The single currency strengthens against the greenback on Tuesday on rate hike expectations The single currency rebounded on Tuesday as German business confidence stayed near a record high in May, fueling...
Market Review – 17/05/2011 21:05 GMT Euro recovers in New York afternoon on improved risk appetite The single currency weakened to 1.4131 in Asia due to the selloff in aussie after the release of Reserve Bank of...
Market Review – 16/05/2011 20:47 GMT Euro pares gains in New York afternoon on Greek debt concern Although the single currency opened lower in Australia and extended last Friday’s selloff to a fresh 6-week low of 1.4049...
Market Review – 13/05/2011 20:12 GMT U.S. dollar rallies on broad-based risk aversion on Friday The single currency went through a roller-coaster session in volatile trading on Friday. Although euro weakened in Asian morning to 1.4185 as...
Market Review – 12/05/2011 20:51 GMT Euro pares early losses in New York as commodity prices rebound strongly Euro rebounded strongly from a near six-week low on Thursday as commodity prices recouped initial sharp losses. In addition,...
Market Review – 11/05/2011 20:37 GMT The euro tumbles broadly on renewed concerns over financial aid to GreeceThe single currency tanked on Wednesday due to uncertainty over European leader’s willingness to offer more financial aid to Greece,...