The euro saw losses across the board on Friday, as inaction on the part of the European Central Bank (ECB) to lower borrowing costs in Spain and Italy resulted in risk aversion in the marketplace.
Continued inaction on the part of the European Central Bank to lower borrowing costs in Spain and Italy weighed down on the euro throughout the day yesterday. The news, combined with positive US data also helped the...
The euro took losses against several of its main currency rivals yesterday, after worse than expected economic data out of Germany led to risk aversion in the marketplace.
The euro remained bullish for most of the European session yesterday, as investor hopes that the European Central Bank will soon step in to lower borrowing costs in Italy and Spain helped boost risk appetite.
A better than forecasted US Non-Farms Payroll figure on Friday led to risk taking in the marketplace, which turned currencies like the euro and AUD bullish. Furthermore, commodities and precious metals received a significant boost following the...
The euro tumbled against virtually all of its main currency rivals yesterday afternoon, after the ECB refrained from announcing any new significant new measures to boost euro-zone growth. The news led to risk aversion in the marketplace,...
The euro saw very mild gains against the US dollar and Japanese yen during trading yesterday, as investors remained cautious about going overly bullish on the common-currency ahead of an ECB policy meeting on Thursday.
The euro gave up some of its recent gains against its main currency rivals yesterday, as investors remained concerned about what actions the ECB can take to lower borrowing costs in Spain and Italy. Today, traders will...
The euro maintained its upward trend against the US dollar on Friday, as a string of positive comments from euro-zone officials last week helped boost risk appetite in the marketplace. Precious metals and commodities were also able...
Riskier assets saw major gains during the European session, following a speech from ECB President Draghi in which he pledged to do everything necessary to preserve the European Union.