The Euro gets closer to record low after Moody's downgrade of Italy

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

The Euro depreciated to USD 1.2190 and got closer to two-year low of USD 1.2166 on Friday, July 13, just after Italy's credit rating was cut by Moody's. In total, the Euro has lost 5.7% so far in 2012, which is more than the previous year. The depreciation of the European currency was accelerated last week by the ECB's interest rate cuts. Experts believe EUR 800 billion that banks held in ECB will gradually leave the Eurozone to find better yields.

Back to articles

Actual Topics

Fri, 13 Jul 2012 10:14:02 GMT

UK construction output falls by 6.3% in May

Despite extra working day UK's construction output declined by 6.3% in May, showed the Office for National Statistics. Caused by Queen's Diamond Jubilee one public holiday was transferred from the end of May to June, though company's did not use this chance effectively. Fall of 7.4% in construction occurred also between March and May of compared with the same period in 2011. The major drag for

Fri, 13 Jul 2012 10:36:06 GMT

Russian Ruble gains against the US Dollar and the Euro

The Russian Ruble appreciated by 0.4% against the US Dollar on Friday, July 13, in Moscow. The trading rate currently is RUB 32.64 per USD. 3 billion US Dollars of Russian Eurobonds due 2042 increased in value, therefore the yield declined by 0.06% to 4.867%. The appreciation of the Ruble was also caused by the high oil price, above USD 100 a barrel on

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.