Euro trades higher on Draghi's comments

Source: Reuters
The euro-area currency strengthened slightly earlier on Tuesday trading session after the European Central Bank President signaled last night that the bank may ease its monetary policy on the next policy meeting as the region's economy struggles. The Euro was last traded at $1.3658, up from its 3-month low at $1.3615 hit yesterday, while it gained 0.2% to 139.26 yen.

Back to articles

Actual Topics

Tue, 27 May 2014 08:22:05 GMT

Greenback falls versus yen below 102.00 level

The U.S. Dollar slipped further versus the Euro on Tuesday with the U.S. Dollar index measuring its performance against the most traded peers extending its drop after recording the lowest level in seven weeks on Friday. The U.S. Dollar index slipped from 80.443 to 80.233 today, while the greenback traded below 102.00 level versus yen.

Tue, 27 May 2014 07:54:05 GMT

Asian shares erase Monday's gain on Draghi comments

The majority of Asian shares dropped on Tuesday erasing previous session's increase after the European Central Bank President Marie Draghi raised concerns with his overnight comments that the bank may add stimulus sooner than expected. The MSCI Asia-Pacific gauge outside Japan slipped as much as 0.1% after gaining to the highest level in a year yesterday.

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.