Concerns over the deteriorating debt crises in Euro-zone pressure the euro.
Market review for 28.02 – 04.03, 2011
Greenback rehabilitates.
ECB rate increase speculations pushed euro to maximums. Asian and European trading sessions:
Speech of Ben Bernanke supported the greenback today. Asian and European trading sessions: Australian Dollar: Australian dollar strengthened against the yen today since the released Australian retail sales data turned out to be above expectations. The Reserve...
Elevated oil rate supports the commodity currencies.
Market review for 21 – 25. 02, 2011
Bank of England minutes bring pound to maximums. Asian and European trading session: Euro: 2-year maximums of the oil prices level supported the growing euro rate, since the possibility that the ECB would reinforce its monetary policies...
Demand for the save-heaven assets is growing.
Instability in the Middle East and Africa regions concerns the market.