Showing posts with label euro. Show all posts
Showing posts with label euro. Show all posts

Friday, November 9, 2012

Currency: Euro pressured by new disappointing figures

With another disappointing European figure in luggage investors Friday sends the euro down in value against both the dollar and the yen. Meanwhile the Swedish krona loses terrain after unexpectedly weak figures from the industry.

Thursday, October 4, 2012

Currency: Euro strengthened on ECB comments

The European Central Bank on Thursday kept the benchmark interest rate on the main refinancing operations at 0.75 percent. This was not a surprise from the ECB as the only few individual analysts and economists had expected a reduction in European interest rates.

Tuesday, October 2, 2012

Currency: Small adjustments but fall in Australian dollar

Tuesday and it’s again slow with movements in international currency markets. Investors follow the familiar pattern of strengthening of the euro as the risk desire increased, while the dollar and the yen weakened. There are, however, relatively small shifts, although there is no doubt about the trend.

Thursday, September 27, 2012

Currency: Peace and safety in the currency markets

Stagnation is the best word to describe the international currency markets Thursday. Investors enjoy themselves in their shelter from the news from both debt crisis as well as the macroeconomic front. But it is only a matter of time, according to analysts.

Tuesday, September 11, 2012

Currency: Quiet market opens up new opportunities

The players in the international currency markets is again Tuesday extremely reluctant to take new positions on the books. But the quiet markets is not so bad that it's not good for something.

Friday, September 7, 2012

Currency: Euro pushed up by poor job report

The past week has been in the common European currency's favor, and Friday the enthusiasm for the euro had no end.

For not only did the European Central Bank Thursday put heavy lines in the currency as one of the three major global currency units. The central bank also launched a European version of the American "operation twist" with the purchase of short-term bonds from the debt-ridden southern European countries.

Tuesday, September 4, 2012

Currency: Speculation on the ECB's intentions strengthens euro

Euro strengthened against the dollar and the yen on Tuesday morning on speculation that the ECB's president, Mario Draghi, will give the debt-ridden euro countries a helping hand by buying their bonds in the market.

According to Jean-Paul Gauze, who sits in the European Parliament for France, Mario Draghi said to the European parliament that he was open to the possibility of buying government bonds years in the market with a maturity of up to three.

Monday, September 3, 2012

Currency: Utter silence ahead of the ECB meeting Thursday

If there was quiet in the international currency markets late last week, there is deafening silence Monday. The market responded only briefly to chairman of the Federal Reserve Ben Bernanke's speech on the financial summit in Jackson Hole on Friday night.