Euro forecasted to drop by up to 10 cents

Note: This section contains information in English only.
Source: Bloomberg
According to projections made by Goldman Sachs, the Euro may experience a decline of as many as 10 US cents due to extension of the European Central Bank's easing measures. The bank forecasts that the ECB will keep the monthly volume of the QE at the current rate, namely at €60 billion, but until the end of the next year, instead of until September of 2016 as initially planned. The Euro added 0.2% to $1.302 after it slid 1.2% on Friday. 
Back to articles

Actual Topics

Mon, 21 Sep 2015 14:18:09 GMT

German producer prices dropped in August

The goods' prices in the EU's largest economy declined far more than expectated in August, which was heavily influenced by energy prices. Producer prices dropped 0.5% month-on-month in August and were 1.7% below the numbers of the same period last year. With the exception of energy prices, the German producer prices decreased 0.2% on a monthly basis and fell 0.5%

Mon, 21 Sep 2015 13:56:14 GMT

Japanese Yen strengthens due to broad risk-off sentiment

The FOMC's choice to keep its monetary policy unchanged in the previous week did not awake any appetite for risk. The Japanese Yen firmed over the mid-Asian session to trade 0.16% up at 119.76 per US Dollar. The currency is primarily profiting from the risk averse sentiment taking place throughout the markets. This, in turn, exerted its influence on stock

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.