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….
Tag: Forex News
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…
Dukascopy Morning Forex Overview
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 Afternoon Forex Overview
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…
Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “This [bond] auction is nothing short of a disaster for Germany” – Mark Grant, a managing director at Southwest Securities Inc. A German sale of the 10 year…
Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “[Spanish] borrowing costs are at eye-popping levels” – Jo Tomkins, a strategist at 4Cast consultancy Yields on Spanish government bonds rose to record highs on Monday as election victory…
Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “The deterioration in debt metrics … are exerting pressure on France’s creditworthiness” – Alexander Kockerbeck, Moody’s Senior Credit Officer Moody’s Investor Service said on Monday that France’s top notch…