Greece & Germany Euro Boost Optimism

Greece & Germany Euro Boost Optimism. The euro soared to a 3-week highs versus the U.S. dollar on Friday, amid optimism the international creditors will soon agree on the next tranche of aid disbursement to Greece. Rebound index of German business sentiment also helped support the euro appreciation. But the gloomy outlook for the euro zone and the potential for further policy...

Greek chaos Immerse Euro - Euro falls

Greek chaos Immerse Euro. The euro fell back to 2-month lows against the U.S. dollar in the new Monday night as the new uncertainties associated sticking out the next stage of the rescue package for Greece. Greek PM warns if Greece may be forced emotion out of the Euro zone if the Greek parliament approved an austerity package nor new proposed budget. The results of parliamentary...

5 Important Things Before the Open Market

5 Important Things Before the Open Market. 2 month high to touch USD against a basket of currencies on Monday after U.S. jobs data released last week that emphasizes the fundamental strength of the U.S. economy. EUR now at 1.2828, still fails to address the gap that has opened weaker early Asia-Pacific trading session, only two days before the U.S. presidential election. The euro...

Euro Still in Narrow Range Under $ 1.3

Euro Still in Narrow Range Under $ 1.3. The single currency Euro seems still stuck in a narrow range in the range of negative (Monday, 05/11) after last weekend falls to its lowestlevel in 3-week Puspa vs U.S. dollar (USD). Strengthening of the USD against the EUR, especially since fundamental data showed that the U.S. economy created more jobs in the last month. The euro also...

The U.S. Dollar Index High Touch 2 Months

The U.S. Dollar Index High Touch 2 Months. The U.S. dollar touched 2 month high against a basket of currencies on Monday after U.S. jobs data released last week that emphasizes the strong fundamentals of the U.S. economy. As the dollar held near a four month high against the yen and the euro are also touched the low 5 weeks, despite the uncertainty of the election on Tuesday may...

U.S. Dollar Win Post-NFP

U.S. Dollar Berjaya Post-NFP.  The U.S. dollar managed to score the biggest weekly gain in more than three-month high against the yen after data showed the U.S. economy created more jobs than expected last month. 171,000 new jobs created in the U.S. during the month of October, which far exceeded expectations of 125,000 jobs growth. However, the U.S. unemployment rate...

Dollar Gains Ahead of U.S. Data - Fundamental Forx News Of Today

Dollar Gains Ahead of U.S. Data. The dollar rose against most major currencies after U.S. data fanned estimated employment figures today showing a recovery in the largest economy in the world. Yen extends reprieve against most major currencies as signs of weakening Japanese economy and coupled with disappointing results on Japanese corporate earnings spurred speculation the Bank...

Try Mute UK Construction Fall Sterling

Try Mute UK Construction Fall Sterling. Try to reduce attenuation after construction data provide hope for the continued momentum of the economic recovery of the UK. UK construction index rose to 50.9 for the month of October; higher than the previous estimate of 49.1 and 49.5 publications. GBP / USD is now trading 1.6100, try to stay away from daily lows 1.6079. The good economic...

Australia Producer Price Index Of Missed Expectations

Australia Producer Price Index Of Missed Expectations. Australia's producer prices data showed a gain of just 0.6% have in the third quarter of 2012 from the second quarter and up 1.1% from last year, according to Australian Bureau of Statistics today (02/11). Economists predict a rise 1.0% per quarter and 1.6% per year.The increase in the index in the third quarter due to the...

Expect surprise U.S. data, euro 1.2940 Lean On - Fundamental forex news of today

Expect surprise U.S. data, euro 1.2940 Lean On. After moving the rally in the European session and removing reinforcement in early U.S. session, the euro traded steady current in a narrow range of 1.2930 and 1.2945. Is this just a quiet movement toward a strong movement in the market today? Risk sentiment seems to be anticipated ahead of U.S. jobs report today. Earlier in...

Yen Potentially Touch 81.00 - Fundamental Forex News os Today

Yen Potentially Touch 81.00. The yen may be moving up in the short term to 81.00, said Osamu Takashima, a currency strategist at Citibank Japan in a note. 'Global stock markets, including Europe, the U.S. and China, moving up ", he said. "Commodities, including crude oil, it still shows a downfall signal". "While the big investment funds will probably do some profit-taking from...

Spain-Greece Euro Still Limit Appreciation - Fundamental Forex News Of Today

Spain-Greece Euro Still Limit Appreciation. Until well into the European trading session (Thursday, 01/11) single currency Euro seems difficult to penetrate to the level of $ 1.3 important because investors are still overshadowed by worries about Spain and Greece uncertainties continue to restrict any appreciation of the product riskier assets. Even European economic data weighed...