Market participants are looking forward for the voting results in the Italian Parliament.
Rumours of the imminent resignation of Italian Prime Minister supported the euro. Asian and European trading sessions: Euro: Euro was under pressure against major currencies due to concerns of market participants about the political instability in Italy....
Market review for 30.10 – 4.11, 2011 Last week demonstrated a rather diverse trading dynamics of the major currencies. On Monday the euro droppedagainst the main currencies after the release of the unemployment in Italy and in...
Greece’s Finance Minister: the referendum would not be held. Asian and European trading sessions: Euro: During the Asian trading session the euro fell by 0.8% from the three-week low against the dollar. Today’s ECB meeting was in...
Unfavorable market conditions may delay the bond issue. Asian and European trading sessions: Euro: During the Asian and European trading sessions, the euro showed correction after yesterday’s decline against the US dollar, setting his daily high at...
Concerns over the interest rate reduction pressures the euro. Asian and European trading sessions: Euro: Speculations regarding the slow-down of the European growth and concerns that the ECB would reduce the interest rate during the next meeting...
European unemployment reduces the euro rate. Asian and European trading sessions: Euro: Euro dropped against the main currencies after the release of the unemployment in Italy and in the EC in a whole. Employment volume turned out...
Reinforced optimism of the market participants enabled the euro to strengthen against the US dollar last week.
Positive wave has covered markets.
The yen renewed its historical maximum against the US dollar.