US Dollar depreciates on China easing and Greek hopes

Note: This section contains information in English only.
Source: Marketwatch
© Dukascopy Bank
The Greenback weakened against 17-nation currency and other important counterparts on speculation Monday meeting will bring a solution to Greek troubles. Depreciation was fuelled by China's decision to cut its reserve requirement ratio. ICE Dollar index lost 0.28% and declined from 79.334 to 79.082 during late American trade on Friday. Euro gained 0.12% against its US peer to USD 1.3216. Currently EUR/USD is trading at USD 1.3214.
Back to articles

Actual Topics

Mon, 20 Feb 2012 11:31:25 GMT

Gold futures moved higher on the China's central bank decision

Gold prices increased during the Asian session, following the news on the lowered RRR in China. The move weighted down on the US Dollar thus stimulating its hedge's, gold, jump. COMEX gold's April contract traded at 1,738.05 US Dollars per troy ounce on the New York Mercantile Exchange, soaring 0.7%.

Mon, 20 Feb 2012 10:06:38 GMT

Asian shares follow upward trend on Monday

Asian stock markets mostly closed with gains on Monday on China's announcement it has lowered the reserve requirement ratio to 20.5% for large lenders. Japan's Nikkei Stock Average added 1.08%, South Korea's Kospi traded close to flat or 0.07% higher whereas Australia's S&P/ASX 200 index rallied 1.44%. Meanwhile Shanghai Composite Index gained 0.27% while Hong Kong's Hang Seng Index was the

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.