EUR/USD Open 1.2627 High 1.2855 Low 1.2527 Close 1.2623The Euro continued depreciating significantly on Thursday, going bellow 1.26. Euro/Dollar decreased from 1.2855 to 1.2527 yesterday, in line with the Interbank sentiment projection, at nearly -2%, closing the...
Market Review – 06/05/2010 21:05GMT Euro plunges on lingering Greek contagion fears and 9% slump in U.S. stocks Euro extended its recent weakness and fell across the board on continuing contagion fears after ECB’s Trichet failed to...
Past events: • USD Pending Home Sales m/m out at 5.3%, versus expected 3.9%, prior 8.3%• USD Factory Orders m/m out at 1.2%, versus expected 0.0%, prior 1.3%• GBP Manufacturing PMI out at 58.0, versus expected 57.5,...
GBP/USD Open 1.5095 High 1.5173 Low 1.5092 Close 1.5089Pound/Dollar continued depreciating on Wednesday, in line with the negative Interbank sentiment at around -2%. The Cable depreciated yesterday from 1.5173 to 1.5073, closing the day at 1.5089. Today...
Fears that the sovereign debt issues will spread to other weak economies such as Spain and Portugal as well as concerns that the bailout package will not be enough to return Greece to solvency caused the EUR...
EUR/USD Open 1.2814 High 1.2995 Low 1.2795 Close 1.2790The Euro continued depreciating on Wednesday. Euro/Dollar decreased from 1.2995 to 1.2795 yesterday, in line with the Interbank sentiment projection, at around -1%, closing the day at 1.2790.
Market Review – 05/05/2010 21:31GMT Euro plunges to a 14-month low as fears of Greek debt contagion dominate The single currency fell sharply across the board on Wednesday on fear that a euro-zone debt crisis might spread...
GBP/USD Open 1.5127 High 1.5264 Low 1.5092 Close 1.5141Pound/Dollar continued depreciating on Tuesday, in converse with the positive Interbank sentiment at around +2%. The Cable depreciated yesterday from 1.5264 to 1.5092, closing the day at 1.5141.
Past events: • USD Pending Home Sales m/m out at 5.3%, versus expected 3.9%, prior 8.3%• USD Factory Orders m/m out at 1.2%, versus expected 0.0%, prior 1.3%• GBP Manufacturing PMI out at 58.0, versus expected 57.5,...
Analysts point out the apparent doubts investors have over the ability of the Greek bailout to perform its task well enough to actually prevent the country from falling into default. Since financial and employment woes seem to...
