Euro loses ground ahead of German, Spanish and Italian bond auctions

Source: Bloomberg
© Dukascopy Bank

The 17-nation currency slipped against the US Dollar first time in last three days before Italian, Spain and German bill auctions. Germany will sell 4 bn Euros of 5-year notes today, while Italy and Spain plan to auction around 17 bn Euros of debt tomorrow. Investors also are awaiting for industrial production output data for Euro region due tomorrow. The Euro depreciated 0.3% to $1.2741 on Asian trading session. Currently EUR/USD is trading at $1.2753.

Back to articles

Actual Topics

Wed, 11 Jan 2012 07:35:24 GMT

Romney leads in New Hampshire

Mitt Romney paved his position as the main Republican presidential candidate yesterday after he won in the New Hampshire. Romney surpassed his closed rival by 16 percentage votes in New Hampshire. Ron Paul of Texas was second with 23% of the vote followed by Jon Huntsman with 17%. Romney told his supporters his preparing new confrontation against Obama. 

Wed, 11 Jan 2012 07:31:14 GMT

Geithner to call for cutting oil imports from Iran

Timothy F. Geithner, the US Treasury Secretary will call Asian two largest economies to reduce oil imports from Iran in his meetings with Chinese and Japanese PMs Wen Jiabao and Yoshihiko Noda. Geithner also will require China to review Yuan's exchange rate, as US insists that Chinese domestic currency is undervalued, thus creating unfair competition. 

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.