Euro falls as Eurozone's private sector data disappoints

Note: This section contains information in English only.
Source: Investing.com
On Tuesday the Euro nearly reached a nine-year low versus the US Dollar amid the Eurozone's private sector activity data showing a much slower rate than anticipated in December. EUR/USD was at a 1.1905, down 0.22%, posting the worst performance since February 2006. Last month's services PMI declined from 51.7 to 51.4 points, still above the threshold level of below 50, and will impact on central bank's decision to implement QE at the earliest time possible.
Back to articles

Actual Topics

Tue, 06 Jan 2015 14:10:05 GMT

Oil drops below $50 as US stockpiles rise

Oil fell through $50 a barrel on speculation the US crude inventories are expanding, developing a global glut supply that was leading prices to the weakest level since 2009. Futures dropped 3.1% in New York. Oil lost as much as 50% in 2014, the biggest drop since the financial crisis in 2008, after the OPEC rejected cutting output.

Mon, 05 Jan 2015 16:04:05 GMT

Pound close to 17-month low amid poor construction PMI

On Monday the UK Pound continued to fall, briefly reaching a 17-month low, due to deteriorating conditions in development in the construction sector. The Sterling lost 0.44% and fell to $1.5255 versus the US Dollar, dipped to the 17-month low of $1.5176, but managed to recover at around $1.5300 afterwards. Construction PMI decayed to 57.6 points and had a major impact

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.