The euro reversed some of its recent losses yesterday, as positive German data sent investors to riskier assets throughout European trading. The EUR/USD went as high as 1.3340 before staging a downward correction during the afternoon session.
The euro remained under pressure against the US dollar throughout yesterday’s trading session, as investors remained cautious regarding Greece’s financial situation. The EUR/USD spent much of the day range trading around the 1.3225 level after failing to...
Fears that Greece could still default on its debt despite Monday’s approval of a bailout package led to risk aversion in the markets yesterday. The euro largely reversed earlier gains against both the USD and JPY as...
Following a hectic several days last week that saw the euro drop to a three-week low against the US dollar, the common currency may finally see some relief today. A scheduled meeting of euro-zone finance ministers is...
The EUR/USD continued to fall during yesterday’s trading session, as negative euro-zone news caused investors to revert back to safe-haven assets. The pair dropped below the psychologically significant 1.3000 level for the first time since January 25th.
Yesterday was fairly hectic for euro traders after the credit downgrade of several EU countries sent the common currency tumbling. The EUR saw a brief upward correction during mid-day trading after the release of a better than...
The euro saw a relatively bullish day yesterday, following the announcement that Greece approved a fresh set of austerity measures needed to receive a sorely needed bailout package.
The euro took a strongly bearish turn to close out last week, after hitting a two month high against the dollar on Thursday. The downward correction was largely attributed to fresh concerns that Greece may not get...
The euro had a bullish day yesterday, after news was released that Greece had reached an austerity deal led to a spike in risk taking. The EUR/USD spent much of the day at or above the 1.3300...
The EUR/USD spent much of yesterday range trading, as investors were fearful of opening fresh buy positions ahead of possible Greek news. The market place is not forecasted to be nearly as quiet today, as euro-zone and...
