Forex and Financial Online
Posts tagged Euro
Daily Report: Euro Steady but Sentiments Weak on European Debt
Nov 22nd
While Euro remains steady against dollar and yen, commodity currencies are broadly lower as market sentiments are weighed down by continuous concern on European debt crisis. AUD/USD stayed below parity as Asian markets are broadly lower following the -1.13% fall in DOW. Markets are still talking about Spain’s 10 year
USD Correction Underway, Euro Relief Rally To Be Short-Lived
Nov 18th
The greenback lost ground on Friday following the shift in risk sentiment, and the short-term correction may gather pace over the following week should market participants continue to increase their appetite for yields.
Forex: Euro rallies on rumors of ECB, BoE weighed Sterling Outlook
Nov 18th
Market sentiment continued to improve Friday on rumors that the European Central Bank will increase its efforts to solve the crisis of public debt, and increased risk-taking can be accelerated by the North American trade.
USD Faces RSI Divergence, Euro Fundamentals Deteriorate Further
Nov 17th
The greenback gave back the overnight advance as there appears to be a shift in market sentiment, and the reserve currency may trade heavy over the next 24-hours of trading should the rebound in risk appetite gather pace.
FOREX: Euro Looks French, Spanish Bond Auction Management
Nov 17th
The euro and financial markets are too large for the results of bond auctions French and Spanish, to the degree of contagion of the debt crisis in the core of Europe seek to assess.
Mid-Day Report: Euro Recovered after ECB Bought Italian Bonds, But Momentum Weak
Nov 17th
Euro recovered mildly earlier today after ECB stepped in to buy Italian bonds but lacked follow through buying so far. 10 year Italian yield dipped briefly to 6.83% but quickly climbed back above the unsustainable 7%. Italian prime minister designate Monti unveiled his cabinet today and named himself as the
Euro setbacks accelerate Spain looking to sell into the picture,
Nov 15th
We drive to a further weakness of the euro and the currencies in the rule against Buck in the coming days and weeks project. The fear of contagion becomes a reality …
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Mid-Day Report: Euro Weakens after Bond Auction
Nov 14th
Euro weakens mildly today even though Italian bond auctions went fairly well. Bank of Italy said EUR 3b of five-year bonds were sold, with average yield at 6.29%, up from 5.32% in October. While the yield was significantly higher and was at an euro era record, demand was solid. Bid-to
FOREX: Euro Optimism to be Tested as Italy Holds Bond Auction
Nov 14th
Optimism following a change of governments in Rome and Athens will be tested as Italy holds a bond auction, with poor uptake to weigh heavily on the Euro.
