U.S. treasuries gain on Greece data

Note: This section contains information in English only.
Source: Bloomberg
Treasuries gained after a three-day drop as S&P revised Greece's debt rating outlook to negative, boosting demand for U.S. bonds as a hedge from Europe's debt crisis. The price of the 1.75% security due in May 2022 increased to 101.25. Benchmark 10-year yields slipped 0.02 percentage points to 1.61%. Yields rose from an all-time low of 1.38%, posted on July 25.
Back to articles

Actual Topics

Wed, 08 Aug 2012 12:30:13 GMT

Pound drops before BOE data

The Pound slipped on belief the Bank of England will decrease its forecasts for expansion and consumer prices as it reports the quarterly inflation data. U.K. currency dropped versus most of its major peers. The Sterling slipped 0.2% to $1.5587. It fell 0.5% to Y122.19, and almost didn't change at 79.40 pence per Euro.

Wed, 08 Aug 2012 13:55:12 GMT

Greenback turned lower on Eurozone's hopes

On Tuesday, August 7, the greenback remained lower versus the Euro and other major currencies amid hopes that the ECB will soon make decisive actions to stem the debt crisis in the Eurozone. In order to lower Italian and Spanish borrowing costs, the ECB may soon resume bond-buying program.  The shared currency strengthened against the greenback during today's New York trading session, with EUR/USD adding 

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.