In the previous European trading session, the Euro lost against the Great British pound as manufacturing and services activity in the Euro Zone contracted in September, despite the European Central Bank’s bond-buying plans, adding pressure to the...
In the previous European trading session, the Euro lost against the British pound as pressure is piling up on Spain to request for a sovereign bailout and trigger the new bond-purchasing program of the European Central Bank...
In yesterday’s European trading session, the Euro lost versus the Great British pound as exports slowed down in July, increasing chances for a cut in interest rates by the European Central Bank before this year closes.
The bullish run in the financial markets looks to have lost its momentum as fears over the state of global finances resurfaced. The US dollar stands to gain over its Canadian counterpart to commence the week’s exchanges...
The meeting of the Eurogroup officials last week raised hopes that Spain would be asking for financial aid soon, giving rise to the incline of the Euro versus the Great British pound in the previous European trading...
The British pound advanced versus the Euro in the previous European trading exchanges on expectations that the Federal Reserve would announce a third round of quantitative easing to support the US economy.
The Euro gained versus the US dollar in the previous European trading session as the German Constitutional Court rendered judgement in favor of the European Stability Mechanism, the Euro Zone’s bailout fund, clearing the way for Germany...
The Australian dollar is presumed to receive a lift today as the German Constitutional Court cleared the way for the European Stability Mechanism while the markets continue to expect the Federal Reserve to unveil further measures to...
Gains of the Euro were limited in the previous European trading exchanges on waning optimism as the European leaders embrace the much awaited verdict of the German Constitutional Court as to the legality of the Euro Zone’s...
The Euro posted gains versus the Great British pound after European Central Bank President Mario Draghi announced buying bonds at unlimited quantities to be able to address severe distortions in government bond markets.
