Euro lower versus Dollar on weak data

Note: This section contains information in English only.
Source: Forexpros
© Scanpix/AP
On Wednesday, the Euro was traded lower versus the U.S. Dollar, following a set of disappointing data from Eurozone. EUR/USD hit a session low of 1.2921, and later consolidated at 1.2949, which was a 0.28% decrease for the European afternoon trading session. The pair's support was likely to be found at 1.2834, while the resistance was prone to be at 1.2996.
Back to articles

Actual Topics

Wed, 24 Oct 2012 16:09:44 GMT

Manufacturing PMI in U.S. increased in October

Markit, a market research group reported on Wednesday that U.S. manufacturing activity added less than expected this month. Manufacturing PMI grew to a reading of 51.3 in October, compared a previous month's figure of 51.1. However, economists expected that the index would grow more and reach the level of 51.6.

Wed, 24 Oct 2012 18:49:47 GMT

US blue chips plunged; DuPont led losses on weak profits

US blue chips closed with big losses on Tuesday amid weak quarterly reports and fears that earnings will continue to shrink. Sending the US blue chips lower, Moody's downgraded five regions of Spain. Moreover, cautiousness among investors rose ahead of the FOMC meeting and ECB president's speech due on Wednesday. The Dow Jones Industrial Average Index plunged 1.82% to close

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.