Dukascopy Fundamental Analysis EUR The pace of economic expansion of Germany is expected to decrease to 0.4% next year due to weak world’s economy and debt crisis in the euro-zone, reported Ifo…
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Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “Then, early March at the latest, this fiscal compact treaty will be signed” – Van Rompuy, European Council President All European Union member countries apart from Britain will sign…
Dukascopy Afternoon Forex Overview
Dukascopy Fundamental Analysis EUR On Tuesday Spanish central bank sold €4.94 bn ($6.51 bn) of 12 and 18-month notes, more than the Treasury had intended to attract. Central bank sold €3.44 bn…
Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “As we announced in November, unless credit market conditions stabilize in the near future, our ratings of all EU sovereigns will need to be revisited” – Moody’s Investors…
Dukascopy Afternoon Forex Overview
Dukascopy Fundamental Analysis EUR Italy sold 7bn euros ($9.3 bn) of 1-year bonds or the maximum planned amount for auction. Borrowing costs for the country declined as PM Mario Monti’s parliament approved…
Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “The breakthrough to a stability union has been achieved” – Angela Merkel, German Chancellor All European Union countries except Britain agreed to sign an intergovernmental treaty Friday aimed…
Dukascopy Afternoon Forex Overview
Dukascopy Fundamental Analysis EUR France and Germany are emphasizing the need of stronger economic ties among common currency countries and pushing for stricter enforcement of budget cuts to stop debt crisis escalation….
Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “The government has made clear that the European debt crisis can’t be solved in one fell swoop overnight” – Angela Merkel, German Chancellor German Chancellor Angela Merkel said in…