U.S. Dollar Depreciated against Euro amid Improving Manufacturing in China

Source: Bloomberg
© Scanpix/Reuters
The U.S. Dollar declined to the lowest since October 23 versus the Euro on the Chinese data showed Manufacturing PMI increased to 50.6 in November, seven-month high. The Dollar depreciated 0.3% and traded at $1.3026 per Euro after reaching $1.3047, a six-week low. The Dollar Index dropped to the lowest in a month ahead of the report that will show that U.S. economy improvement slowed down in November.

Back to articles

Actual Topics

Mon, 03 Dec 2012 15:30:30 GMT

Italian Bonds are at Risk On Berlusconi's Possible Comeback

After four-month rally Italian bonds are at risk of decline as Silvio Berlusconi, former Prime Minister of Italy, plans to return which will change political landscape ahead of elections in 2013. After Berlusconi's announcement of a possible comeback investors demand to keep Italian bonds maturing in 30 years vice German bonds of the same maturity dropped to the lowest in

Mon, 03 Dec 2012 15:52:31 GMT

Consumer services led gains in Dow

US blue chips ended the week in green territory despite disappointing numbers from domestic economy. The data showed that US consumers spent less in October as personal spending posted an unexpected drop of 0.2%. Dismal consumer spending figure resulted in  US growth estimates cuts for Q4. However, the market received a boost from another side of the Atlantics. The ECB

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.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.