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Euro Try Rebound from Low Level Since December 2000

fxbom.com
06:19 PM

On this Tuesday morning trading the euro exchange rate against the yen rebounded after a sharp move lower. Euros in morning trading this back drop to reach the lowest position in 10 years against the yen. This morning the euro appears to move a limited rebound.

The euro was observed in the movement of a solid bearish on concerns about the debt crisis of Europe, which until now still have not found a bright spot settlement. The release of economic data from Europe is still expected to show a lethargic condition. Market focus on the release of manufacturing and service sector data in Europe are expected to return indicates contraction.

Aussie Weakens 3 Days Respectively Fueled by Concerns Due to sluggish European Stock Exchange

fxbom.com
03:13 PM

In trading this morning the Australian dollar exchange rate has decreased for three consecutive days against the U.S. dollar (29/12). Australian currency is weakening occurs after the risk of crisis in Europe continues to expand. Market participants began to return reduces the demand for currency yielding and high risk such as the Australian dollar.

The ECB yesterday said that its balance sheet has increased to reach a record high after last week by jor-rod to channel loans to banks in Europe. Market participants focused on the Italian bond sales will be done today. Italy planned to sell 8.5 billion euros (11 billion dollars) government bonds that will mature between the years 2014 to 2022 to come.

Euro-Yen Reaches Lowest Level in 10 Years by the rise of European Crisis Concerns

fxbom.com
01:40 PM

In morning trading in Asia is the euro exchange rate against the yen has dropped sharply (29/12). The euro fell to its lowest in 10 years against the yen amid growing worries about the strength of Europe’s debt crisis. It is estimated that the ECB will continue to do an injection of funds into the European financial system in order to tune the credit squeeze that occurred in the euro area.

Index Euro Gains On “Bearish Market Rally”

fxbom.com
04:01 PM

In trading forex european session this afternoon (21-12), the euro currency is generally observed to move strengthened against some other major currencies.

Driven by a fairly good performance of the German economy, the market returned to put a little optimistic about the euro. German Ifo Business Climate data were reported yesterday showed an increase to 107.2 from 106.6.

In the chart index Euros, the value of walking observed in the range 103.31, and showing the movement gained about + 0.18% from opening price today (00:00 GMT).