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Euro Declines Against Dollar on Stock Tumble

posted by Cittiperth 725 days ago in USD, EUR made popular 725 days ago

The euro fell against the dollar as a tumble in U.S. stocks and concern that efforts to cut budget deficits will hamper Europe’s economic revival damped investor appetite for riskier assets.

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Daily Forex Signal: USD/JPY May Have Reached Top

posted by ForexPlaybook 725 days ago in USD, JPY, Technical made popular 725 days ago

The US dollar held strong against the Japanese yen through much of today’s session, though ultimately lost ground as riskier assets were sold heavily into the close. The present market environment, which is decidedly risk averse, continues to fav

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Federal Reserve Floods World Markets With US Dollars

posted by sexyback 725 days ago in USD, EUR, Gold made popular 725 days ago

The Federal Reserve issued a news release on May 9 to announce its participation in the intended rescue package to keep Greece’s government debt from becoming worthless.

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Defending the Euro Is More Than an Economic Issue

posted by megumi 726 days ago in EUR made popular 726 days ago

Bill Clinton won the presidential election in 1992 with the motto “It’s the economy, stupid.” But when it comes to the future of the euro, “It’s the politics, stupid” is the more appropriate slogan. Since its inception, the euro has always been a

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Euro insurers face bond yield, growth risks

posted by sora 726 days ago in EUR made popular 726 days ago

Low government bond yields, tepid economic growth and big loss claims pose risks for euro area insurance companies despite their improved performance, the European Central Bank said on Monday.

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Oil prices aren't the effect of the recession

posted by fahrell 726 days ago in USD, Oil made popular 726 days ago

When global credit evaporated in the wake of the 2008 subprime mortgage crisis, oil prices tumbled along with the values of the world’s stock markets. Seemingly overnight the price of a barrel of oil plunged from an all-time high of $147 (U.S.) a

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3 Easiest Ways to Become a Successful Forex Swing Trader

posted by erzon 726 days ago in Special, Trading Psychology made popular 726 days ago

What is forex swing trading? In a simple definition, this is just a way in which a forex market moves in a swing or,say, zigzag manner over a period of time. It is placing a trade in a major support and resistance area accurately, especially in a

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Canada’s Economy Bolsters Canadian Currency

posted by commodityblog 726 days ago in USD, EUR, CAD made popular 726 days ago

The Canadian dollar rose against its U.S. counterpart, paring previous losses, and extended its rally versus the euro today on the signs of the record economical growth and on rising oil prices, which caused the speculations that the central bank

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Euro rebounds in Asia after falling on Spain

posted by neorix 726 days ago in EUR made popular 726 days ago

The euro rose against major currencies in Asia yesterday after market players adjusted positions following the falls in the single European currency caused by Spain's credit rating cut, dealers said.

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I love this Trend...

posted by pairforex 726 days ago in USD, GBP, AUD made popular 726 days ago

As a trader, over the years many traders told me , the trend is your friend, well... it not so clear, you can use it in case you know the S&R ,i like i

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Euro steadies after worst month since Jan '09

posted by megumi 727 days ago in EUR made popular 726 days ago

The euro steadied on Monday but remained under pressure after Fitch downgraded Spain's credit rating and France said keeping its top credit rating may be a stretch without tough budget cuts.

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Yen Drops to 112.46 Per Euro

posted by megumi 727 days ago in EUR, JPY made popular 727 days ago

Japan’s currency fell to 112.46 per euro as of 9:10 a.m. in Tokyo from 111.77 in New York on May 28. The yen declined to 91.40 against the dollar from 91.06.

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