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Euro Moves Retreat from Highest Level in Nearly 3 Weeks

fxbom.com
02:41 PM

In today’s trading the euro exchange rate appear to have retreat after last night had reached the highest position in nearly three weeks later. Eroded the euro weakened ahead of the release of performance data of manufacturing and services sectors in the euro area is expected to return to show contraction for the month of January, although it will tend to slow down.

Last night the euro strengthened significantly to achieving the highest position since the 4th of January. The rise of the euro exchange rate is largely due to the expectations of immediate cuts Greek debt agreement.

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January 24th, 2012 by fxbom
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Aussie Onward; China Economy Grows More than Estimated

fxbom.com
11:53 AM

Aussie experienced a significant increase in trading today against the U.S. dollar. Aussie moves skyrocketed after data from China’s economic growth shows better results than expected, although it tends to slow down.

Economic growth in the fourth quarter and only reached 8.9% (y / y). Economic growth was below 9% for the first time since mid-2009. Nevertheless economic growth rate is still above the 8.7% estimate. Meanwhile, economic growth in 2011 slowed to 9.2% was recorded compared to 10.4% in the previous year 2010.

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January 17th, 2012 by fxbom
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The U.S. Dollar Index Gains Stable, U.S. Economic Activity Rises

fxbom.com
09:46 PM

The U.S. dollar index movement in foreign currency trading this evening observed in the range of 81.23, and has increased by about + 0.33% from opening price (00:00 GMT). The index is still in the rally and observed patterns are still moving strong enough to convince.

Analysts fxbom.com that the U.S. dollar index was observed moving steadily gained enough confidence showed steady against the currency. In addition to positive signal began sprouting in the United States, on the other hand the Eurozone suffered with increasingly strong negative indication.

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January 11th, 2012 by fxbom
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Greece Still Triggering Rage, The Euro Threatened to Disappear

fxbom.com
12:57 PM

In forex trading the Asian session this afternoon, the euro currency is generally observed to move lower against several other major currencies. Movement on the index chart euro, the value of walking observed in the range of 100.93, and threatens to weaken the movement lanjutan.Indeks currencies weaken as it moves around – 0.03% from opening price today (00:00 GMT).

Fxbom.com analyst, argued on the markets ahead of European session briefing today that despite the austerity policy of the budget blueprint will be completed later this month, the market tends to speculative urges Euro.

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January 11th, 2012 by fxbom
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Euro Trying to Gains Again; Markets Hold Meeting Merkel-Lagarde

fxbom.com
06:39 PM

In today’s trading the euro exchange rate appears to be still trying to continue its gains against the U.S. dollar. The euro moved higher against the dollar before a meeting between German Chancellor Angela Merkel with the IMF’s managing director Christine Lagarde. Optimism on the steps the European settlement of the crisis began to emerge.

Merkel stated that Greece will be the focus of discussion during his meeting with Lagarde today in Brelin. Merkel expressed the desire of Member States to Greece bias euro area remains part of the euro area.

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January 10th, 2012 by fxbom
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