Euro Weakens Ahead of Spanish Bond Auctions
April 16, 2012 4:13 am by ElliotDuring the Asian trading session, the 17-nation currency weakened against its major currency rivals prior to tomorrows expected auctioning of Spanish Bonds.
Euro Slides As Debt Crisis Intensifies
April 13, 2012 4:14 pm by ElliotThe Euro experienced a loss versus the U.S dollar during Friday's trading as concern deepens on the European debit crisis. The weakening Euro was due to speculation surrounding the ECB, and whether it will be required to re-start its Government ...
U.S Dollar Weakens Over Jobless Claims
April 12, 2012 3:48 pm by ElliotThe U.S dollar experienced further declines after a report regarding jobless claims produced figures of 380,000. the Jobless claims report is one that involves individuals who filed for unemployment insurance for the first time during the previous week.
Sterling Up After Positive Retail Sales
April 11, 2012 11:13 pm by ElliotThe British Pound made gains over the U.S dollar after seeing good results in retail sales for the month of March. The pound also made gains versus the Yen for the first time in six days as Spanish bonds and European ...
Bullion Market Update
April 11, 2012 12:06 pm by ElliotBoth gold and silver have recently enjoyed some gains whilst other markets including U.S Stocks and energy commodities moved in the opposite direction.The energy markets as well as U.S Stocks are closely connected to precious metals, and therefore it is ...
JPY Makes Biggest Gains Of The Majors
April 11, 2012 1:33 am by ElliotTuesday's trading saw big moves for the Japanese currency as it appreciated more than any other Major counterpart.
Dollar Weakens After NFP Data
April 9, 2012 8:51 pm by ElliotDuring Monday's trading, the U.S dollar dropped points against the Euro as a result of a poor labor report from the U.S regarding employment in the nation. The highly anticipated Non-Farm Payroll report which is released on the first Friday ...
Euro Hits 3-Week low Due to Turmoil With Spanish Bonds
April 5, 2012 8:50 pm by ElliotThe 17-nation currency continues its downward spiral as the U.S Dollar made further gains versus the Euro and other Major counterparts.
US Dollar Strengthens Further After Jobless Figures
April 5, 2012 3:12 pm by ElliotThe mighty greenback has been trading up against most of its currency counterparts this week, the Japanese Yen being the only Major to show some fight.
Sterling At Two-Month High Over Euro
April 4, 2012 7:17 pm by ElliotUnexpected results went in favour of the British currency as the Pound reached a two-month high against the Euro. Financial reports showed that services growth increased in the previous month as well as house prices having the same outcome.
