Eur Usd News - FX Trading

Sat 23 Sep 2017
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Eur Usd News

Latest 10 news items tagged Eur Usd

Dollar gains on escalating Greek debt woes talks23 Jul at 6 PM 2012

The dollar went up against the majority of global currencies in early trade on Monday following weekend reports that Greece is not on course to hit debt targets and may lose its bailout funding access. Increasing Spanish bond yields further fueled greenback demand in what was a risk-off trading session. During Monday morning’s Asian trading, EUR/USD fell by 0.21 per cent to 1.2130. talk of a potential Greek departure from the euro zone in the future also increased US dollar demand from investors looking for a safe harbour. ...

EUR/USD awaits Greek government coalition under 1.270020 Jun at 4 PM 2012

EUR/USD was last seen at 1.2675, climbing from session lows of 1.2661, falling fall the highs reached on Tuesday of 1.2731, jumping by 0.78 per cent from Asia-Pacific’s opening trading yesterday. The pair climbed yesterday on hopes that the new government coalition in Greece will emerge soon, as well as positive results from embattled Spain’s sovereign debt auction. Meanwhile, local share markets are trading in the green, with the Nikkei index up by 0.83 per cent. The London session was likely to be soft in terms of EUR macro...

Aussie rallies following strong jobs data7 Jun at 12 PM 2012

The euro held onto gains after a strong rally versus the dollar on Wednesday after the ECB decided against cutting interest rates and made no changes to the growth outlook. Rates remained at one per cent although the ECB said that it was ready to act if necessary but within its mandate’s scope. However, the bank refused to commit, saying it was the governments’ responsibility to manage fiscal shortcomings. After hitting a high in US trading of 1.2584, the EUR/USD opened Asian trading at 1.2580 cooling on profit taking to...

Yen bolstered as risk currencies drop23 Mar at 4 PM 2012

The yen kept overnight gains on Friday, having risen unilaterally as investors avoided risk currencies like the Australian dollar on worries about the global economy. Surveys showed manufacturing shrank for a fifth consecutive month in China, while factory work in Germany and France suffered big falls, reports Reuters. This led investors to sell growth-linked currencies and buy the yen, which increased against the dollar and euro. The dollar dropped more than one per cent to a 10 day low of 82.31 yen, before recovering some ground...

Euro hit by profit taking post ECB1 Mar at 6 PM 2012

The euro suffered heavy losses on Thursday due to investors cutting bullish positions following key incidents including the ECB’s cash injection happening without any surprises. In the usual “buy-the-rumour-sell-the-fact” action, the euro dropped from almost a three-month high following European banks borrowing 530 billion euros of three-year, cheap funds from the ECB. The amount was pretty much in line with the market consensus, reports Reuters. The euro stayed at $1.3328, having decreased over one per cent from $1.3485 on...