Euro falls on no solutions after the Europe's leaders meeting

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AP

The euro fell by 0.4% against US dollar to $1.3267, hitting seven-week low. Investors lose confidence in euro and euro-based assets after no certain solutions to the spreading debt crisis coming from the meeting of the EU leaders. The euro also was down against British pound by 0.07%, currently EUR/GBP is traded at 0.8608.

Back to articles

Actual Topics

Fri, 25 Nov 2011 13:58:30 GMT

German deficit is likely to decline by 1%

The German government decreased its forecast for public deficit to 1% of GDP from 1.5%, reported Handelsblatt. However, the debt level is still high, even though it is expected to decrease to 74.5% of GDP by 2015 while the target is 71%. Total deficit figure for the year is projected to be 1% falling from 4.3% in 2010. For 2012 the central bank predicts

Fri, 25 Nov 2011 14:00:29 GMT

European stocks fluctuate amid worries on bailout fund

European equities erased gains and swung back into downward trend as Financial Times reported that European Financial Stability Facility may not manage to raise sufficient amount of funds to boost its firepower over 1 trillion euros. Stoxx Europe 600 Index lost 0.3% reaching 219.43 in morning trade. According to FT even lower funding level might be problematic to reach. 

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.