tag archive - ‘forex’

Investors Anticipate Poor Data Release

David Sumner | 08:50 | 12/12/11

The Euro weakened against the U.S. Dollar as currency trading market investors await this week’s data which is expected to reveal a sharp decline in German investor confidence. The shared currency continued to weaken versus the Yen as Italy and ...

E.U. Summit Produces Some Significant Developments

David Sumner | 10:35 | 11/12/11

After all-night talks in Brussels, a majority of E.U. leaders agreed on stricter financial policies in order to tighten regulations and avoid future debt problems from spiraling out of control. Furthermore, 200 billion Euros were added to the bailout fund, ...

Investors Speculate On Outcome Of E.U. Summit

David Sumner | 09:14 | 08/12/11

The Euro currency traded mixed versus the U.S. Dollar as investors speculated on the outcome of Friday’s upcoming E.U. summit. The 17-nation currency weakened early in the day after reports indicated that a German government official rejected the idea of ...

S & P Issues Further Warnings

David Sumner | 09:05 | 07/12/11

The Euro weakened against the U.S. Dollar after the Standard & Poor’s issued a warning that it may downgrade the rating of 15 E.U. nations as well as that of the European Financial Stability Fund prior to this week’s summit. ...

S & P Places E.U. Nations On Credit Watch

David Sumner | 10:55 | 06/12/11

The Euro erased earlier gains versus the U.S. Dollar as the S & P announced it was placing 15 of the Euro-zone nations under a “credit watch negative.” The shared currency first strengthened after Germany and France agreed that a ...

ECB May Channel Funds To IMF

David Sumner | 11:19 | 04/12/11

The Euro rate declined against the U.S. Dollar on speculation that next week’s summit of Euro-zone leaders would likely fail to produce a positive outcome needed to solve the debt crisis. The Euro was expected to rally on the possibility ...

Central Banks Take Action

David Sumner | 08:54 | 01/12/11

With the E.U. debt crisis looming over global economic growth, the Federal Reserve and five other central banks agreed to make funds more easily available to lenders. This caused the Euro to gain the most in one month versus the ...

Efforts By E.U. Leaders May Fall Short

David Sumner | 08:45 | 30/11/11

Foreign exchange currency investors are speculating on whether efforts by E.U. leaders to expand the rescue fund to 1 trillion Euros may fall short. This, in turn, caused the 17-nation currency to slip against the majority of its trading peers. ...

EFSF May Be Leveraged

David Sumner | 08:55 | 29/11/11

Renewed optimism over the possibility that E.U. leaders may have a solution to the debt crisis brought on higher demand for risk assets in the Forex exchange. Reports indicated that Euro-region leaders were discussing ways to leverage the European Financial ...

IMF Prepares To Bail Out Italy

David Sumner | 09:05 | 28/11/11

The Euro strengthened following a report published in the Italian newspaper La Stampa, indicating that the International Monetary Fund is preparing to lend 600 billion Euros to Italy should the debt crisis continue to worsen. According to analysts, the loan ...