The euro position scale in a market surprised by the cut in rates in Australia

Sydney - November 4, 2008 - In the currency market today highlights the decision of the Reserve Bank of Australia to lower interest rates 75 basis points, this represents a discount surprise to analysts who were expecting declines of 50 basis points. The Australian dollar is depreciating, while the euro has come to touch the 1.30 U.S. dollars.

We must remember that with today, are already 200 basis points decrease in Australia in less than two months and, as the previous drop was the first of the coordinated sales worldwide.

The euro is suffering the biggest monthly drop in its history against the yen and the dollar

Brussels - October 31, 2008 - The yen and the dollar have closed the biggest monthly rise in history against the euro. The signs are increasingly obvious that the world economy could fall into recession have increased risk aversion among investors, prompting the market value of the Japanese currency, and has led to seek refuge in the greenback. The recovery of the dollar to oil pressure, which is on track to sign its biggest monthly decline since 1983.

Bernanke opens gas: U.S. rates are now again at 1%

Washington - October 29, 2008 - As planned, but not missing those who expected a cut of three quarters of a point. The Federal Reserve has lowered interest rates by 50 basis points unanimously to place them at 1%, its lowest level since 2004. Concerns about inflation seem to have become better life judging by the communique of the meeting.

Euroyen: Free fall. Adjusting vertical ascent began in 2000

We have decided to make an analysis of euroyen since this is really concerned with is seeing this crisis.

Weeks ago we noted that the relationship euroyen had ceased to be bullish in the medium term after losing the crucial support of 150. Look at the chart as the loss of this support confirmed a broad pattern in the form of triple roof in the 170.

The euro against the dollar crashes and suffers historic crashes against the yen

Brussels - October 24, 2008 - The currency market is boiling. The Japanese yen has been the big winner today with a sharp revaluation against the dollar and the euro. The pound and the Community currency have been the big losers of the day. The single currency has come to losing the level of 1.25 U.S. dollars to stand at their lowest price since October 2006.

Much dollar for such a short euro, the European currency seeks to lift head

Brussels - October 23, 2008 - The euro tries to maintain the level of 1.28 U.S. dollars after touching a low since November 2006, but the strength shown by the U.S. currency is a difficult challenge to overcome at this time. Technical analysts are already in the market value of the currency Community bearish phase of a higher order. Follow the change euro / dollar in the foreign exchange section.

The euro touched the 1.274 U.S. dollars: the market is speculating that the ECB could cut rates

Brussels - October 22, 2008 - The euro fell today below 1.28 U.S. dollars, a level not lost since November 2006. The dollar is benefiting from the perspectives of the new plan of economic recovery in the United States. But what really weighs on the European currency is speculation about a possible lowering of interest rates in the euro zone. Eurodollar in Ecotrade: without significant support until 1.21 and 1.1650.

One euro is worth 1.30 U.S. dollars: the European currency traded at minimum of march, 2007

Brussels - October 21, 2008 - The euro quoted below the barrier of 1.31 U.S. dollars for the first time since March 2007. The common European currency was affected by the growing fear of a very sharp economic slowdown in Europe. That fact would compel the European Central Bank (ECB) to cut rates, as has insisted today Citi, which recommends selling the currency community.

Bernanke calls for another fiscal stimulus plan to revive the U.S. economy

Washington - October 20, 2008 - The Federal Reserve chairman, Ben Bernanke, believe that it will take a fiscal stimulus package to help the recovery of the economy and avoid a protracted stalemate. "With the economy may be weak the next few quarters, and with the risk of a prolonged slowdown, it seems appropriate to consider a tax package in Congress," Bernanke said in his speech before the Budget Committee of the House of Representatives.

The European rescue plan will not stop the fall of the euro

Brussels - October 16, 2008 - The plan of 1.1 billion euros with the countries of the European Union expect to rescue banks in the region may have arrived too late to prevent the further decline that has suffered up to the euro the date it becomes even worse. The currency strategists believe that these measures will not prevent an economic slowdown. "When the euro was bought, possessed, described and valued in excess," said Stephen Jen, global head of currency research for Morgan Stanley.

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