Dukascopy Fundamental Analysis EUR ECB President Mario Draghi announced his plan for curtailing European debt turmoil starts to work as large amount capital injection in region’s financial system in December begin to…
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Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “According to some recent survey indicators, there are tentative signs of stabilization of economic activity at low levels” – Mario Draghi, the ECB president The European Central Bank kept…
Dukascopy Afternoon Forex Overview
Dukascopy Fundamental Analysis EUR Spain’s industrial output tumbled in November, declining the most in the last two years. The fourth-largest economy in the EU signaled contraction even before the government started to…
Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “On the basis of some current economic and fiscal trends in France… we wouldn’t expect to downgrade France this year” – Ed Parker, head of EMEA sovereign ratings…
Dukascopy Afternoon Forex Overview
Dukascopy Fundamental Analysis EUR Euro Zone’s investor confidence for this month improved more than expected but remained in the negative territory for the sixth month in line. Sentix index added 2.9 points…
Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “It’s quite clear that we’re heading into a pretty sharp downturn even in Germany” – Jennifer McKeown, an economist at Capital Economics Ltd. German factory orders tumbled the…
Dukascopy Afternoon Forex Overview
Dukascopy Fundamental Analysis EUR Germany’s factory orders decreased more than expected in December. The orders declined by 4.8% on a seasonally adjusted basis from 5.2% increase in November, reported Bundesministerium für Wirtschaft…
Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “It’s the first French auction of the year and it has broadly gone as expected” – Peter Goves, a fixed-income strategist at Citigroup Inc French long-term bond yields rose…