The euro fell against several of its main currency rivals yesterday, after EU growth forecasts were lowered and speculations came about that the ECB was considering a cut in euro-zone interest rates. The news also weighed down...
A disappointing euro-zone retail sales figure led to heavy euro losses during mid-day trading yesterday. The news also resulted in other higher-yielding assets, like gold and silver, turning bearish throughout the European session.
The US dollar took losses against virtually all of its main currency rivals yesterday, as concerns that US Congressional leaders will not be able to resolve a budget dispute before automatic tax increases and budget cuts take...
Positive Chinese manufacturing data, along with signs that Greece was closer to receiving a new round of bailout funds, encouraged investors to shift their funds to higher-yielding assets yesterday which boosted the euro against several of its...
Riskier currencies and commodities, including the euro and gold, reversed some of their recent gains on Friday afternoon after a credit rating downgrade of the European Stability Mechanism and European Financial Stability Fund.
The safe-haven US dollar took losses against several of its main currency rivals yesterday, as increased optimism in the global economic recovery led to risk taking in the marketplace.
The price of crude oil and gold tumbled yesterday, as concerns about the upcoming US “fiscal cliff”, a series of automatic tax increases and spending cuts set to take place if the US Congress fails to reach...
The euro turned bearish against several of its main currency rivals yesterday, despite the announcement that an agreement between euro-zone finance ministers to provide Greece with a new round of bailout funds had been reached.
The marketplace was relatively quiet throughout the European session yesterday, as cautious investors were hesitant to open new positions during a meeting of euro-zone finance ministers discussing a new round of bailout funds for Greece.
Speculations that a deal will soon be reached to provide Greece with a new round of bailout funds, combined with a better than expected German business climate figure, turned the euro bullish against most of its main...
