Euro declines against the Pound to almost 8-year low

Note: This section contains information in English only.
Source: WBP Online
The common currency fell against the Pound to seven and a half year low on Thursday, as the gap between fiscal policies in the UK and in the Euro zone widened. The Euro traded 0.34% lower to 0.6978 against the Pound by 9:35 AM GMT, which is the lowest level since November 2007. Investors are awaiting Mario Draghi's speech later in the day, where inflation outlook could be cut and therefore, driving the Euro even lower.  
Back to articles

Actual Topics

Thu, 16 Jul 2015 10:35:05 GMT

US stock market to open higher after Greek vote

US stock futures rose on Thursday, after Greek parliament voted for austerity measures to obtain financial aid and thus the investor fears of Greece's exit from the Euro zone lessened. The Dow Jones Industrial Average edged 0.3% higher to 18,048 points, the S&P 500 futures Index added 0.3% to 2,111 points, while the NASDAQ 100 added 4,556 points by 10:00

Thu, 16 Jul 2015 10:13:04 GMT

European stocks rise after Greek vote

Stock markets across Europe rose on Thursday, after Greek parliament approved austerity measures in order to obtain financial aid. The Stoxx 600 gained 1.2% to 405 points, the DAX 30 jumped 1.4% to 11,706 points, while the France's CAC 40 rose 1.4% to 5,120 points. Meanwhile, Spain's IBEX 35 soared 1.4% to 11,491 points and the FTSE 100 posted more

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.