GBP/USD – 1.5261.. Sterling did not benefit fm y’day’s euro’s selloff n nose-dived to as low as 1.5226 in Australia
An extremely volatile day ended yesterday with the U.S. dollar gaining against most major currencies. The EUR/USD pair hit a one-year low not seen since April 2009, and traded below 1.3200.
EUR/USD Open 1.3171 High 1.3412 Low 1.3145 Close 1.3170The Euro depreciated significantly on Tuesday. Euro/Dollar decreased from 1.3412 to 1.3145 yesterday, in line with the Interbank sentiment projection, at around -15%, closing the day at 1.3170.
Market Review – 27/04/2010 21:38GMT Euro tumbles to a 12-month Low as S&P downgrades Greece and Portugal The euro weakened across the board after Standard & Poor’s downgraded Greece’s debt to junk grade and cut the rating...
Market Review – 27/04/2010 21:38GMT Euro tumbles to a 12-month Low as S&P downgrades Greece and Portugal The euro weakened across the board after Standard & Poor’s downgraded Greece’s debt to junk grade and cut the rating...
In spite of that the trading for the EUR/USD opened with a small gap downwards on Monday, after that at the meeting of G20, the regulators did not reach one viewpoint regarding banks; the European currency was...
Eur/usd – 1.3357 … The single currency retreated in European morning to 1.3345 on renewed concerns over Greece’s debt problems as Greek/German 10-year govt. bond yield spread rose to new 12-year high of 687 basis points.
GBP/USD Open 1.5468 High 1.5500 Low 1.5371 Close 1.5460Pound/Dollar was trading hesitantly and with slight increase on Monday, in converse with the Interbank sentiment, at around -7%. The Cable appreciated yesterday from 1.5371 to 1.5500, closing the...
Past Events: • EUR GfK German Consumer Climate out at 3.8 versus expected 3.4, prior 3.4 (revised)• AUD PPI q/q out at 1.0% versus expected 0.7%, prior -0.4%• AUD NAB Quarterly Business Confidence out at 17 versus...
Uncertainty was apparent throughout most of the trading day as market worries continue over the Greek financial position and are affecting the direction of the currencies. A lack of economic data releases may have allowed the market...