Sterling rose against Euro to highest level since 2007

Source: Bloomberg
© scanpix/FP
The Cable continues its bullish tendency versus the Euro, showing the highest gains in eight years. The Pound soared 0.8% to 70.45 pence per Euro, while the single European currency dropped on the ECB decision to start its 1.1 trillion-euro bond-buying programme.
Back to articles

Actual Topics

Wed, 11 Mar 2015 20:18:06 GMT

European shares advance on weak Euro

The European stocks soared, as the Euro slipped 0.8% to the $1.0611 level, falling to the weakest level in 12 years, making European goods more competitive. As a result, automakers and other exporters pushed the Stoxx Europe 600 Index 1.2% higher. Meanwhile, the BMW AG, rose 3.2%, while Daimler AG added 2.5%. 

Wed, 11 Mar 2015 19:56:07 GMT

Chinese economy weakens on low factory data

Investment, retails sales growth, as well as factory output missed economists' expectations during the first two months of the current year, underlining the necessity of more economic stimulus. Industrial output rose 6.8% during the January and February, showing the slowest expansion since the 2008 year' crisis. Retail sales, in turn, advanced 10.7% and did not reach the economists' forecasts of

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.