News Archive
- Euro zeros in on 2012 low as Greek exit fears grip markets
- Yen to stay pressured ahead of BOJ; Aussie tad lower
- Euro up on China easing, Greece prospect; yen 6-mth low
- Euro hits 3-week low vs dlr on bailout delay worries
- Qatar c.bank satisfied with property credit growth
- Japan Azumi: to act firmly on FX volatility, speculation
- Portugal, Greek concerns weigh on world stocks
- Yen at 1-mo lows as Japan posts rare trade deficit
- Shares gain as Europe funding worries recede
- Euro Falls on Concern S&P Downgrade Will Hurt French Debt Sale Today
- Indian rupee seen under pressure on euro zone woes -finmin
- Asian shares rise; Oil spikes on Iran tension
- Euro struggles after ECB tender; more pressure eyed
- Asian shares, euro gain after upbeat U.S. data
- Swiss franc falls sharply after CPI data
- Euro consolidates gains; yen edges lower
- Dollar near 6-wk high as sovereign debt crisis dominates
- Dollar falls to 2-1/2 week low versus yen
- Stocks, euro rise on hopes of progress in Europe
- China Oct inflation drops, more policy tweaks seen
- Euro consolidates after rally; can rise further
- Asia shares steady but capped before EU summit
- Risk aversion sends assets down broadly pre-EU Summit
- Euro sags as Germany undercuts hope on crisis plan
- Euro rally takes a breather, more short-covering eyed
- Behind closed doors, China leaders to ponder big choices
- Euro Reaches Decade Low Versus Yen on Signs Debt Crisis Weighing on Growth
- Euro falls, stung by doubts about EFSF powers
- REFILE-FOREX-Euro bounce pauses, plenty of risk ahead
- Dollar Holds Two-Day Drop Against Euro as Asian Shares Advance
- Italy downgraded, IMF says Europe behind the curve
- Euro falls after EU finance ministers break no new ground on crisis
- Euro steady on move by central banks, EU meet eyed
- Euro relieved for now, more headwind ahead
- Euro firm after short-covering rally, downtrend intact
- Euro extends losses, hits 10-yr trough on yen
- Euro struggles, dollar bulls unimpressed by Obama
- Euro seen facing headwind ahead of ECB
- Euro falls to 6-mth low vs yen as debt fear mounts
- Euro, Aussie dollar struggle as risk aversion mounts
- Franc, Yen Advance as Economists Predict U.S. Job Growth Slowed Last Month
- Aussie in positive territory after local data
- FOREX NEWS :: Dollar steady after short- covering rally
- Japan boosts FX monitoring, creates $100 bln credit line
- Pound reverses fall vs euro but euro zone, UK concerns weigh
- Dollar Rallies as Fed Statement Fails to Calm Concern Over Slowing Growth
- FOREX-Swiss franc hits record vs euro as market confidence dives
- G7 seeks to calm markets rocked by debt crises
- Swiss franc elevated on economy fear, yen on BOJ watch
- Yen dives as Japan follows Swiss in currency war
- US Congress deadlocked over debt as default looms
- US debt standoff makes investors sell stocks, buy gold
- Japan's Noda repeats warning on yen rise
- FX Concepts’ Taylor Sees One More ‘Risk Rally’ Before Recession Takes Hold
- Bank of Korea confident U.S. will avoid debt catastrophe
- FOREX-Euro, dollar strike new lows on Swiss franc
- FOREX-Dollar steadies as impact from S&P warning short-lived
- Yen Declines on Speculation Japan Will Intervene; Aussie, Kiwi Strengthen
- FOREX-Euro sinks to record low vs Swiss franc as debt concerns spread
- CME to launch new Yuan FX futures contracts
- With Gold Set To Peak At $1,700, Miners Like Goldcorp Look Cheap
- FOREX-Euro vulnerable; ECB hike factored in
- Canada’s Dollar Weakens After Traders Consider Recent Advance Overdone
- Thaksin sister prepares to lead Thailand after stunning win
- Euro Climbs to Two-Week High Versus Dollar on Rate Prospects; Won Advances
- Optimism before Greek vote lifts Asian stocks
- Euro Falls Versus Dollar, Yen Before EU Ministers Meet on Greece Financing
- Euro gains after Greek vote, Nikkei futures drop
- CANADA FX DEBT-C$ hit for second day by US and Greek worry
- Euro Declines to Three-Week Low on Concern Europe Debt Crisis Is Worsening
- China’s Equity Markets
- FOREX-Euro and Aussie edge up, China CPI not as bad as feared
- EMERGING MARKETS-Latam FX slumps; Mexico peso at 2-month low
- Euro Falls, Heads for Weekly Drop, on Speculation Rate Increases Will Slow
- FOREX-Euro pins hopes on ECB; kiwi bolstered by RBNZ
|
|
Advantages
- Spreads - Starting from 0.5 EURO/USD
- Minimun Deposit for ECN/STP Accounts- $250
- Margin Leverage 1:1 up to 400:1
- Experienced and helpful support
- Stops/limits on individual tickets
- Dynamic trailing stops
- MAM Accounts
- Free Unlimited Demo Accounts Available
- Technical research and market news availabl
- No re-quotes
- Anonymous trading: banks cannot see your orders
- All expert advisor (EA), scalper traders welcome
Euro Climbs to Two-Week High Versus Dollar on Rate Prospects; Won Advances
Dated Posted: 2011-06-30
The euro has risen 0.5 percent against the dollar this month and is up 2.2 percent for the quarter that ends today. Photographer: Chris Ratcliffe/Bloomberg
The euro rose to a two-week high against the dollar on prospects the European Central Bank will increase interest rates next week to curb inflation and as the immediate risk of default by Greece subsided.
The common currency advanced against most of its major peers before a report forecast to show gains in European consumer price accelerated in June. ECB President Jean-Claude Trichet said on June 28 that policy makers are in “strong vigilance mode” ahead of next week’s meeting. The dollar weakened before a report that may show U.S. business activity cooled. South Korea’s won rose on data signaling a recovery in factory production.
“Trichet has, in the last couple of days, been using the word ‘vigilance,’ so clearly we’re locked and loaded for an additional rate hike next week,” said Robert Rennie, chief currency strategist in Sydney at Westpac Banking Corp., Australia’s second-largest lender. “There’s an opportunity for the euro to move higher.”
The euro rose to $1.4467 at 11:05 a.m. in Tokyo from $1.4435 in New York yesterday. It earlier strengthened to $1.4484, the highest level since June 14. The euro was at 116.56 yen from 116.61 after rising as much as 0.3 percent. The dollar was at 80.57 yen from 80.78 yen.
The euro has increased 0.5 percent against the dollar this month and is up 2.2 percent for the quarter that ends today.
Source: Bloomberg
