Euro extends losses versus U.S. Dollar and Yen

Note: This section contains information in English only.
Source: Bloomberg
The European currency extended its losing streak against the U.S. Dollar and the Japanese Yen after a report released by the Dow Jones said that the Bundesbank President signalled further interest rate cuts by the European Central Bank. Euro dropped 1% to $1.3043 earlier on Wednesday New York session after reaching $1.3202 yesterday, while it slipped 0.8% to 127.46 per yen.

Back to articles

Actual Topics

Thu, 18 Apr 2013 05:54:03 GMT

U.S. Dollar rises versus Euro amid demand for currency as refuge

The U.S. Dollar appreciated on Wednesday rebounding from the weakest level in 7 weeks against the Euro after demand for the currency as haven asset was fuelled by decline of stocks and commodities in global markets. The so-called Greenback increased by 0.4% to $1.3128 per euro earlier on Wednesday New York session following a decline to the lowest since February

Thu, 18 Apr 2013 05:32:03 GMT

Gold falls in New York after Cypriot government signalled sale

Gold traded in New York declined for the third time in last four sessions on Wednesday after the Cyprus' government decided to sell part of its gold reserves and as the U.S. Dollar increased. Gold for delivery in June decreased by 0.2% to $1,384.30 on the New York's Comex at 8:48 a.m., while the May gold futures traded in London

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.