Euro reaches a two-month low on Greek bailout issues

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

The Euro, 17-nations' currency, slipped by 0.3% to $1.2675 during Asia trading hours on Tuesday and that was very close to September 7th low at $1.2673. Currency markets were concerned on Greece bailout, as the European Union finance ministers struggled to reach an agreement on Greek aid program. Luxemburg's Prime Minister announced that they will meet on November 20th to continue discussion about additional financial page of €32.6 billion.

Back to articles

Actual Topics

Tue, 13 Nov 2012 10:13:36 GMT

Yuan rises to a 19-year high on China's growth speculations

The Yuan was 0.05% higher to 6.2262 per Dollar in early Asia trading hours and that was a seventh consecutive trading session as China's currency gained. Also, today's peak is the strongest level since the government settled official currency exchange rates at 1993. China's Yuan firmly steps higher, as investors have expectations that the world's second largest economy will maintain its growth momentum.

Mon, 12 Nov 2012 19:54:39 GMT

Sterling depreciates on inflation report

The British pound fell against the vast majority of its counterparts prior to BOE's report on economic growth and inflation, as the report is expected to ensure more space for further asset purchases to prompt the growth. Sterling depreciated 0.2% against the Euro to 80.13 pence, and tumbled 0.1% to $1.5879 rebounding from its September's lowest level of $1.5866. The currency traded down the most

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
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.