Ahead of the US Non-Farm Payroll data, expected at 12:30 GMT today, the Dollar seems to be trading on the upside. The forecast has put American employment into a healthy increase for the previous month, with a...
The EUR traded relatively flat yesterday against the U.S. Dollar, but it continued to trade low against the British Pound, the EUR/GBP pair is currently trading at 0.8365, after crossing below 0.8400, and reaching as low as...
Continuing market uncertainty and Euro declines helped support Gold prices as investors turn to the metal as an alternative safe haven investment. Gold levels were further supported by positive economic data from the U.S on the one...
After several days on which the Euro saw recovery signals, Fitch Ratings announced that it downgrades Spain’s credit rating. The rating company explained that Spain’s large debts were the catalysts for this decision. As a result the...
The EUR rallied versus the USD yesterday as U.S equities surged and China denied reports it is contemplating a reduction in its European bond holdings. But can the EUR maintain its gains heading to next week?
Renewed debt concerns among the Euro-zone countries sent the single currency spiraling down yet again in overnight trading. EUR/USD dropped well below the 1.2200 level, approaching a 4-year low. Today, traders can expect a number of U.S....
U.S. stocks and EUR pared deep losses to end mostly flat on Tuesday as investors had second thoughts that a festering Euro-Zone banking crisis will spread worldwide and strangle a reviving economy.
The Euro fell broadly throughout the night following news that the Spanish government is planning to takeover a smaller savings bank due to a failed merger attempt. The EUR/USD, currently trading below the 1.2300 level, has fallen...
During the past week, the Euro managed to recover against most of the major currencies. However as this week began, concerns over an economic growth due to the Euro-Zone’s debt crisis have weakened the Euro. Will the...
The EUR has reemerged these past couple of trading days. Few analysts were anticipating such a rapid bounce-back in the value of the EUR by this time last week. Now, however, it seems as if this rise...
