Dukascopy Fundamental Analysis EUR “A new fiscal compact would be the most important signal from euro area governments” – Mario Draghi, head of the ECB The new head of the European Central Bank…
Tag: dukascopy
Dukascopy Afternoon Forex Overview
Dukascopy Fundamental Analysis EUR French and Spanish bonds extended gains on Thursday’s auction as six central banks cut dollar borrowing costs creating additional funds while China eased its monetary restraints. Spanish 5-year…
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 Afternoon Forex Overview
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 Morning Forex Overview
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 Afternoon Forex Overview
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 Morning Forex Overview
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 Afternoon Forex Overview
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…