The USD maintained its bullish trend yesterday, as strong employment data out of the US last week boosted investor confidence in the American economic recovery. The EUR/USD dropped as low as 1.3078 during the morning session yesterday,...
A better than expected US Non-Farm Payrolls figure boosted the USD against its main currency rivals to close out last week’s trading session. In yet another sign that the economic recovery is moving forward, the US added...
Investor optimism that Greece would successfully execute an important debt-swap, boosted riskier assets throughout yesterday’s trading session. As a result, the EUR/USD shot up over 100 pips during the European session, reaching as high as 1.3272.
Following a slow trading day yesterday, traders can look forward to significant volatility today, as significant euro-zone news is scheduled to be released. A press conference from the European Central Bank, scheduled for 13:30 GMT, is expected...
The euro dropped to a two-week low against the US dollar during European trading yesterday, as ongoing fears regarding Greece’s upcoming debt swap have boosted safe-haven assets. Other riskier currencies, like the AUD, tumbled throughout the day...
Ongoing concerns regarding the Greek debt swap later this week, weighed down on the euro throughout yesterday’s trading session. Risk aversion kept the EUR/USD close to the 1.3200 level, while the EUR/JPY dropped some 100 pips before...
Following significant euro movements throughout last week’s trading session, analysts are once again forecasting volatility for the common-currency in the coming days.
The euro took further losses against its main currency rivals in trading yesterday, as pessimism in the euro-zone economic recovery caused investors to revert their funds back to the US dollar.
Following a hectic trading day yesterday, which eventually saw the euro tumble against its main currency rivals, traders can once again expect market volatility today.
Yesterday saw little significant movement among the main currency pairs, as investors eagerly await the results of the European Central Bank’s (ECB) latest round of long-term refinancing, set to be announced today.
