Posts Tagged ‘euro’

  • FXCC Market Review July 06 2012

    Jul 6, 12 • 3058 Views • Market Reviews No Comments

    Ireland returned to public debt markets following an almost two-year absence after European leaders took steps to ease the financial burden of nations that received bailouts. The National Treasury Management Agency sold €500m of bills due in October at a...

  • FXCC Market Review July 05 2012

    Jul 5, 12 • 2796 Views • Market Reviews No Comments

    JPMorgan Chase & Co. the largest underwriter of corporate bonds worldwide, jumped eight spots to number two in Asia as Li Ka-shing’s Hutchison Whampoa Ltd. (13) picked the bank to manage its return to the market. European stocks fell from a two-month...

  • FXCC Market Review July 4 2012

    Jul 4, 12 • 3025 Views • Market Reviews 1 Comment

    Markets are trading fairly flat with Wall Street closed for the US holiday and the height of vacation season in the US and European participants tentative after the huge moves on Friday. EURUSD has crept back to the 1.25-1.26 range that it inhabited during...

  • FXCC Market Review July 3 2012

    Jul 3, 12 • 2626 Views • Market Reviews No Comments

    The US markets ended mixed after witnessing a lack of direction over the course of the trading day on Monday. The choppy trading on Wall Street came as traders expressed uncertainty about the near term outlook for the markets following last Friday’s...

  • Market Review July 2 2012

    Jul 2, 12 • 2855 Views • Market Reviews No Comments

    European markets will be fixated on the aftermath of the EU Summit and how it plays out in key central bank decisions.  The ECB is expected to cut by 25-50bps on Thursday, and the BoE is expected to increase the scale of its asset purchase program by £50B...

  • Market Review June 29 2012

    Jun 29, 12 • 2433 Views • Market Reviews No Comments

    The market may open on a firm note, tracking higher Asian shares. US futures have gained. Asian shares surged on Friday, 29 June 2012, after a late Thursday night meeting of European leaders came up with a plan for a single financial supervisory mechanism for...

  • The-GBP-Doesnt-Measure

    The GBP Doesnt Measure Up Against the Euro

    Jun 28, 12 • 3087 Views • Forex Trading Articles No Comments

    On Wednesday, trading in the major sterling cross rates, including in EUR/GBP, was far less animated than was the case over the previous days. Initially, sterling held near the recent highs against the single currency, but there were no additional gains. The...

  • Market Review June 28 2012

    Jun 28, 12 • 2763 Views • Market Reviews No Comments

    US stocks were little changed as investors awaited reports on durable-goods orders and housing to assess the strength of the economy before an EU summit that starts today. The S&P 500 advanced yesterday as optimism about the housing market tempered...

  • Fxcc Market Review June 27 2012

    Jun 27, 12 • 2490 Views • Market Reviews No Comments

    Asian stocks recovered from dismal opening Wednesday morning to trade mostly higher, with Hong Kong leading the region amid some buying by funds, though volume remained light ahead of a key European summit. US markets traded with a positive bias today, as the...

  • Market Review June 26 2012

    Jun 26, 12 • 2229 Views • Market Reviews No Comments

    A pair of manufacturing surveys were released today in the US. The Chicago National Activity Index for May showed that conditions had deteriorated somewhat, while the Dallas Fed’s manufacturing survey for June showed an improvement in conditions. After the...