Euro stays lower on IMF forecast

Note: This section contains information in English only.
Source: Bloomberg
The Euro stayed lower after a drop yesterday as the IMF revised its forecast for the Euro bloc downward and European officials struggle to tame the Eurozone's debt crisis. The 17-nation currency traded at $1.2984 after falling 0.6% yesterday to $1.2968. The Euro bought 101.81 Yen after a 1% decline. The region's economy will grow 0.2% in 2013, down from a forecast of 0.7% 3 months ago.
Back to articles

Actual Topics

Tue, 09 Oct 2012 05:56:01 GMT

Aussie rises from 3-month low on gains in commodities

Australia's Dollar rose from the lowest level in three months as European finance ministers announced the aid fund operational as well as gains in commodities increased demand for the Aussie Dollar. Australia's currency rose 0.4% to $ 1.0233 after falling to $1.0149 yesterday, the weakest level since July 13. The Aussie Dollar lost 1.8 last week, the biggest decline since

Tue, 09 Oct 2012 05:15:00 GMT

India's growth may fall to decade-low, IMF says

According to the International Monetary Fund, Indian economic growth is likely to weaken this year to the lowest level in a decade after investment decreased. The IMF urged India's government to keep its interest rates unchanged until country's high inflation rate eases. The GDP will increase 4.9% in 2012, less than a forecast of 6.1% in July. 

Subscribe to "Fundamental Analysis" feed

Souscrire
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.