The Swiss franc, considered a refuge currency, benefited today from a rather risk averse scenario and gained versus several currencies, declining below less than 1.50 line versus the euro for the first time since March.(…)Read the rest of Swiss Franc Hits 9-Month High Versus Euro (63 words)
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Posted in Forex | Tagged 9month, euro, franc, high, hits, swiss, versus
The euro had a weak performance today losing versus the greenback and the dollar after Greece credit rating was downgraded by a financial agency, bringing risk aversion up in European stock markets.(…)Read the rest of Greek Credit Rating Pulls Euro Down (68 words)
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Posted in Forex | Tagged credit, down, euro, greek, pulls, rating
FXstreet.com (C?rdoba) ? The Euro bottomed a few hours ago at 1.4259, reaching a fresh 3-month low…
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Read More Forex EUR USD Euro recovers and rises above 14300
Related PostForex EUR USD rises above 14300 to 14325Forex EUR USD rises and trades at 15115Forex EUR USD rises above 14900 [...]
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The British Pound bounced back during the European trade and rose to a high of 1.6251 on Friday following the rise in risk appetite, and the currency may continue to hold a narrow range as market liquidity thins going into the weekend.
Read … [...]
Posted in Forex | Tagged appetite, british, consolidate, euro, following, in, pound, rise, risk, the
The Euro rallied against the greenback for the second day to reach a high of 1.5084, and the single-currency looks poised to test the yearly high at 1.5146 as the economic docket reinforces an improved outlook for future growth.
Read More Euro Poised to Test Yearly High, British Pound to Hold Broad Range
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Posted in Forex | Tagged british, broad, euro, high, hold, poised, pound, range, test, to, yearly
Currencies have been very well bid in Europe with the USD losing ground across the board, with only the Yen finding some weakness against the buck. The primary driver of price action has come from a resurgence in risk appetite as reflected by rallying global equities and well bid commodities.
Read More Euro Sell Recommendation [...]
Posted in Forex | Tagged 15110, euro, issued, recommendation, sell