Euro above 1.46 prior to ECB statement
Thursday, 9 June 2011 12:31
The Euro opened up at near 1.47 highs earlier in the morning versus the U.S Dollar and tumbled down only to stop before exiting the 1.46 line. The european currency is keeping steady, awaiting for Trichet’s ECB statement later today.
Read MoreEuros time to shine
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.
Read More17-nation currency through the roof
Tuesday, 31 May 2011 01:24
Things are looking good for the 17 country currency, the Euro. As Germany has reportedly agreed to bailout Greece with a new package deal, a positive attitude has overturned causing the Euro to hit a 3-week high against the U.S Dollar.
Read MoreSlight recovery for Euro after all-time low versus Swiss Franc
Thursday, 26 May 2011 11:35
Yesterday’s Euro session had mixed feelings, trading flat against the Dollar and lower versus the Streling and Swiss Franc. Today’s session seems to be a little brighter for the 17 nation European currency as it’s trading stronger against the Dollar above the 1.40 zone.
Read MoreEuro slips as there is no handle to hold on
Wednesday, 25 May 2011 12:12
Troubles in Europe are making it hard for the European currency to stand on its feet. Greece’s debt crisis pulled the Euro lower than it has been since March. The Euro seems to be depending on daily news, such as German IFO results and Greece’s false news of snap elections in order to attempt to make a higher move. Yesterday’s German IFO news pushed a Euro up for an instant, before fading away to drop again.
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