tag archive - ‘euro’

Italian Elections May Deepen Crisis in Euro-Zone

Italian Elections May Deepen Crisis in Euro-Zone

David Sumner | 08:45 | 27/02/13
The U.S. Dollar advanced against the Euro as inconclusive results from the Italian elections pointed to the possibility the crisis in the Euro region may deepen. However, the shared currency recouped after Italy and Spain erased bond losses and as ...
Sophie J. Fletcher

iFOREX Daily - February 27, 2013

Sophie J. Fletcher | 08:30 | 27/02/13
The U.S. Dollar rallied against the majority of its counterparts despite dovish comments by Federal Reserve Chairman Ben Bernanke who testified on monetary policy before congress. The greenback came under pressure early in the day when the Fed Chairman suggested ...
Italy May Require New Elections

Italy May Require New Elections

David Sumner | 08:55 | 26/02/13
The Euro slipped to the lowest level in six weeks against the U.S. Dollar as Italy released partial election results which suggested that the outcome may end in a hung Parliament and another vote may be required. The 17-nation currency ...
Sophie J. Fletcher

iFOREX Daily - February 26, 2013

Sophie J. Fletcher | 08:45 | 26/02/13
The U.S. Dollar gained against most of its peers after partial election results out of Italy indicated that the outcome may end in a hung Parliament, thereby requiring another vote. In the meantime, market investors are anxiously awaiting testimony from ...
Moody’s Downgrades U.K.’s Rating

Moody’s Downgrades U.K.’s Rating

David Sumner | 08:35 | 25/02/13
The British Pound declined versus the U.S. Dollar after Moody’s Investors Services stripped the U.K. of its AAA credit rating. The agency cited the growth outlook and the country’s fiscal problems as the main reasons for reducing the rating to ...
Sophie J. Fletcher

iFOREX Daily - February 25, 2013

Sophie J. Fletcher | 08:25 | 25/02/13
The U.S. Dollar traded mixed at the end of last week as the positive economic news out of Germany, along with the rebound of U.S. equities steered investors away from safe havens. The greenback was supported by the release of ...
ECB Surprises Market With Report

ECB Surprises Market With Report

David Sumner | 09:45 | 24/02/13
The European Central Bank announced that regional banks would repay less on their three-year loans in the coming week than was anticipated. This caused the Euro rate to go down to the lowest against the U.S. Dollar in over a ...
Sophie J. Fletcher

iFOREX Daily - February 24, 2013

Sophie J. Fletcher | 08:55 | 24/02/13
Risk aversion dominated market sentiment, benefitting the greenback after the Euro region and the U.S. both released weak economic data. In the U.S., the Labor Department announced that 20,000 more individuals applied for Initial Unemployment Benefits in the week that ...
Sophie J. Fletcher

iFOREX Daily - February 21, 2013

Sophie J. Fletcher | 13:30 | 21/02/13
The U.S. Dollar firmed against the majority of its counterparts as the FOMC issued its Minutes revealing that policy makers are divided on when to wind down the monetary easing program and would like to see a variation in the ...
FOMC Issues Statement On Bond Purchasing

FOMC Issues Statement On Bond Purchasing

David Sumner | 10:05 | 21/02/13
The U.S. Dollar advanced against the Euro and the Yen following the release of the FOMC Monetary Policy meeting minutes which showed that policy makers believe the bank should change the pace of the monthly bond purchases. The New Zealand ...
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