Euros time to shine

Last Updated on Monday, 6 June 2011 11:47 Written by Elena Rajkovic Monday, 6 June 2011 11:47

The 17 nation European currency is thriving on disappointing U.S news and Euro news about Greek debts and Interest Rates. Starting Monday, the currency opened to hit a new one-month high of 1.4658 after trading around 1.4650 on friday before the end of the week. Aiming for the 1.50- line, the Euro is shining as positive announcements push it upwards.

Employment Change disappoints in the U.S

Last Updated on Friday, 3 June 2011 04:41 Written by Elena Rajkovic Friday, 3 June 2011 04:41

The United States released it’s Employment Change and Unemployment Rate figures. Results disappoint as USD spirals downwards drastically against major currencies.

England’s Services PMI weaker

Last Updated on Friday, 3 June 2011 12:53 Written by Elena Rajkovic Friday, 3 June 2011 12:53

Services Purchasing Managers’ Index in Britain was released not long ago causing Sterling to weaken against some major currencies as news was weaker than expected.

Sterling rises on Construction PMI release

Last Updated on Thursday, 2 June 2011 01:37 Written by Elena Rajkovic Thursday, 2 June 2011 11:41

GBP opened today’s session with 1.6334 against USD this morning. The pair has been trading around the same corners all day, awaiting for Britain’s Construction PMI announcment which was released a few minutes ago.

USD falls against most major notes

Last Updated on Wednesday, 1 June 2011 05:02 Written by Elena Rajkovic Wednesday, 1 June 2011 05:02

The American Dollar is falling deeper as it drops against all major currencies after ADP Non-Farm Employment Change.

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