The Euro declines on the French auction

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

The Euro dropped to 16-month low against the US Dollar after French bond auction. French faced higher interest rates of 3.29% on 10-year bonds as investors are concerned about possible French credit rating downgrade. Moreover, the banks may see 550 billion euros of bad loans, said Luis de Guindos, Spain's economy minister. The Euro tumbled to $1.2831 against the USD and to 11-year low against the Yen.

Back to articles

Actual Topics

Thu, 05 Jan 2012 16:16:24 GMT

EU agrees on Iran oil export embargo

The EU announced it has reached a preliminary agreement on total ban of Iranian oil exports, the measure supported by the US and aimed at reducing Iran's oil revenues. The agreement has not been debated yet and the time of the ban coming in force has not been set. Iran claims its economy is vulnerable to the ban as the largest part of oil

Thu, 05 Jan 2012 16:13:54 GMT

Gold futures rally to two-week high

Gold futures rally for the fourth consecutive day, attaining two-week high. The yellow metal retained its safe-haven appeal as investors are impacted by the worries about the spreading Euro Zone's crisis and political tensions between Western economies and Iran. COMEX Gold February contract traded at USD1,621.65 a troy ounce, on the New York Mercantile Exchange, surging 0.55% since opening.

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.