Tag: dukascopy morning forex overview

Dukascopy Fundamental Analysis EUR “Everyone is concerned [about France’s credit rating], not just France. It’s all the euro zone countries” – Francois Baroin, French Finance Minister Standards & Poor’s credit rating agency may…

Dukascopy Fundamental Analysis EUR Italy’s cost of borrowing jumped after the country sold 7.5 billion euros of government bonds. Three-year bonds now produce yield of 7.89% as compared with 4.93% yield in…

Dukascopy Fundamental Analysis EUR “[Moody’s]  ‘positive’ scenario carries very negative rating implications [for EU countries] in the interim period“ – Moody’s Investors Service Moody’s Investors Service said on Monday that deteriorating debt crisis…

Dukascopy Fundamental Analysis EUR On Monday trade German DAX 30 index advanced rapidly on growing investors’ confidence that German and French politicians have agreed on a new stability treaty to restrain crisis….

Dukascopy Fundamental Analysis EUR “Today’s financial problems reflect public budget policies of past years” – Ignazio Visco, Governor at the Bank of Italy Italian borrowing costs rose to record highs since the…

Dukascopy Fundamental Analysis EUR The euro fell by 0.4% against US dollar to $1.3267, hitting seven-week low. Investors lose confidence in euro and euro-based assets after no certain solutions to the spreading…

Dukascopy Fundamental Analysis EUR “Over the next two years, the recession makes the [Portuguese] government’s deficit reduction plan much more challenging” – Fitch ratings agency Fitch ratings agency cut Portugal’s credit rating…

Dukascopy Fundamental Analysis EUR On Thursday German DAX 30 index managed to interrupt 8-day losses and edged up 1.5% to 5,543.91 as Ifo reported higher-than-expected business confidence index. German financial institutions recovered…