Euro stays weak against Yen and US Dollar

Note: This section contains information in English only.
Source: Bloomberg
As the sovereign debt crisis prevails in the Eurozone, the 17-nation currency continues to depreciate further. On Tuesday, July 10, the Euro has declined by 0.4% against the Us Dollar, reaching two-year low. Joseph Capurso, a strategist from Commonwealth Bank of Australia, claimed the Euro is expected to stay especially weak against the US Dollar and the Yen. Current trading rates are USD 1.2297 and JPY 1.2251 per EUR. Analysts expect the Eurozone to get into even deeper in recession.
Back to articles

Actual Topics

Tue, 10 Jul 2012 09:54:54 GMT

India's growth forecast upgraded from zero to 4.8% for 2012

Economists changed forecasts about India from 0% growth to 4.8% expansion this year. Such change was determined by Industrial Production index that rose from 0.1% in April to 1.8% in the beginning of July. Infrastructure sector also recovered slightly,  with its output growing by 3.8% in May on an annual basis. However,  eight core industries faced contraction. Though the economy growth is still below average 

Tue, 10 Jul 2012 11:41:53 GMT

China is dealing with downward pressure on the economy

China is about to face a deflationary spiral. In 2011 the real money supply (M1) decreased the most since the modern history of China records. Additionally, producer and consumer prices fell during the last months. Orders from Japanese machine factories dropped by 14.8% in May, which is the biggest fall since 2001. Moreover, the joint volume of lending by the four biggest banks contracted

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.