The U.S. dollar falls on hopes for action in Eurozone

Note: This section contains information in English only.
Source: Forexpros

USD decreased against other major currencies on Monday, as investors were focused on hopes that leaders in the Eurozone will act to stop the crisis. EUR/USD gained 0.44% during the U.S. morning trading session, hitting 1.2489; and Cable rose to 1.5386, climbing 0.16%. However, USD/JPY added 0.36%, hitting 78.31.

Back to articles

Actual Topics

Mon, 04 Jun 2012 21:41:18 GMT

Central bank of China will continue buying Euro debt

Chief of China's central bank, Zhou Xiaochuan, said in comments which were published in Chinese Business News on Monday that they will continue buying Eurozone government bonds and support IMF engagement, along with investing in privatization programs and infrastructure. However, Zhou also said that China's central bank does not intend to increase its foreign reserves.

Mon, 04 Jun 2012 21:19:18 GMT

Natural gas futures added about 3% on weather forecasts

Futures for natural gas grew in the U.S. morning trading session for the first time for the last eight sessions, as weather forecasts for warm weather in key regions of the U.S. boosted expected demand in near future. On the NYMEX, futures for July delivery were traded at the level of USD2.393 per MMBtu, jumping 2.9% during that trading session.

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.