[Story ID: 5576]
U.K. pound rally slows as well
The euro is higher in forex trading against the U.S. dollar, but still has trouble getting through the 1.30 level. Indeed, recent attempts following good economic data in the euro zone have been rebuffed.
GFT’s Boris Schlossberg reports in FX360 on the situation for the euro in forex trading:
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[Story ID: 5532]
Euro forex trading forecast
The euro is gaining in currency trading on the FX market as some degree of risk appetite returns to the market. Even though there are some doubts about the global economy, the U.S. dollar is down across the board and forex traders are showing interest in the euro.
Indeed, the euro [...]
[Story ID: 5465]
Currency trading with the euro
There is a risk rally going on right now on the currency market, sending the euro higher in forex trading. Most of the euro’s gains today are coming as economic data shows improvement. Sterling is also seeing solid progress in currency trading. Germany, the largest economy in the euro [...]
[Story ID: 5424]
Sterling, euro in forex trading
The euro and the pound are both gaining in currency trading against the U.S. dollar today. Risk currencies are seeing some positive action, now that euro zone economic data is surprising to the upside. The new focus in Europe and Britain is on positive data, with sovereign debt concerns [...]
[Story ID: 5338]
How soon can euro hold on to $1.30?
The euro is looking to find support at the 1.30 level, but first it has to hold on to that level. Earlier today, the euro did break through the psychologically important mark, but it has since fallen back below 1.30 as economic worries set in.
Indeed, risk [...]
[Story ID: 5339]
Forex Trading involves high risks, with the potential for substantial losses and is not suitable for all persons. Past performance is not necessarily indicative of future results.USD: Expect More Housing Weakness
It has been a quiet start to a busy trading week with equities consolidating after Friday’s sharp losses and the dollar [...]
[Story ID: 5294]
Euro heads higher in forex trading
Many forex traders got a bit of a surprise today when the euro moved higher in forex trading against the U.S. dollar. This is because many expected the euro to weaken on the currency market, due to some continuing issues in Europe.
First of all, Hungary failed to come [...]
[Story ID: 5231]
The Euro continues its remarkable rebound against the dollar following a long-term low of $1.1876 in early June. Since that point, the Euro has bounced nearly 11 pips in about six weeks to a current rate of $1.2935.
One Euro actually traded as high as $1.3009 in late European trade before opening in [...]
[Story ID: 5230]
Euro in forex trading
The euro is looking to break through the 1.30 level in forex trading against the U.S. dollar. The euro is regaining much of its strength as optimism about the economy, coupled with concern about U.S. fundamentals, provides some interest in the euro.
Indeed, even the news that the trade deficit in [...]
[Story ID: 5187]
Top leaders see hope for the euro zone
With the euro gaining in forex trading on the currency market today, it is little surprise that there is some optimism in Europe right now. Indeed, a top ECB member insists that there are encouraging signs of recovery.
One of those signs is that there appears to [...]