The Euro is presumed to continue receiving a boost alongside the US dollar today after the European Central Bank delivered on its pledge to step in the bond markets in efforts to preserve the Euro.
Expectations of the European Central Bank’s bond-buying plan were boosted by leaked versions of central bank President Mario Draghi’s plan that bond purchasing would be “unlimited.” As markets look forward to today’s ECB meeting, the single currency...
Prior to the key meeting of the European Central Bank officials tomorrow to enhance efforts to deal with the debt crisis, the Euro ceded gains versus the Great British pound in the previous European trading session as...
US markets were closed yesterday for the Labor Day but the US dollar continued to sustain losses against the Euro as the remarks of Federal Reserve Chairman Ben Bernanke as to a potential monetary easing this month...
In the previous European trading session, the Euro gained versus the British pound aided by expectations that the European Central Bank would reveal clear steps in addressing the debt crisis at its policy meeting to be held...
With the markets lowering expectations for Federal Reserve Chairman Ben Bernanke’s highly-awaited speech in Jackson Hole today, the US dollar is perceived to gain alongside its Canadian counterpart.
In yesterday’s European trading exchanges, the Euro incurred losses against the US dollar on reduced expectations over another monetary easing by the Federal Reserve because of better than expected US economic data.
The Australian dollar posted losses against the Japanese yen in the previous Asian trading session as worries over the global economy continued to weigh on the former. Also, construction work done in August declined to the lowest...
In the previous European trading session, the Euro gained versus the US dollar after the European Central Bank (ECB) said that President Mario Draghi would not make an appearance at this week’s Jackson Hole Symposium, turning all...
The Australian dollar sustained losses against the Japanese yen in the previous Asian trading exchanges as concerns over the global economy continue to dominate the markets, resulting to a decline in commodities.
