Dukascopy Fundamental Analysis EUR After substantial gains on Tuesday, German benchmark DAX index was marginally up on Wednesday. At the moment of writing DAX index is 0.07% or 4.21 points up at…
Tag: Forex News
Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “I expect further cheapening of [Italian] bonds” – Alessandro Giansanti, rate strategist at ING Italian government bonds fell on Tuesday, pushing three-year and ten-year yields higher before an…
Dukascopy Afternoon Forex Overview
Dukascopy Fundamental Analysis EUR European shares opened higher after Christmas holidays, though trading volumes are predicted to be relatively low. Stoxx 600 gained 0.2% at 242.41, whereas France’s CAC 40 added 0.5%…
Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “We have got an informal signal from Standard & Poor’s that they [European ratings] will come only in January” – Anonymous government source Standard & Poor’s is expected to…
Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “The move [by the ECB] in itself will not lead to any improvement in [banks’] credit ratings” – Scott Bugie, S&P’s Managing Director S&P top official warned Friday that…
Dukascopy Afternoon Forex Overview
Dukascopy Fundamental Analysis EUR France’s economy expanded by 0.3% in Q3 as compared to 0.4% previously estimated. The disposable income also decelerated, reported France’s Insee statistics. Moreover, the country’s credit rating was…
Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “The austerity package will be sufficient to bring [Italy’s] deficit-to-GDP ratio down to zero” – Chiara Corsa and Loredana Federico, economists at UniCredit SpA Italy’s senate passed a vote…
Dukascopy Morning Forex Overview
Dukascopy Fundamental Analysis EUR “The [Credit Agricole SA] losses are enormous” – Jacques-Pascal Porta, fund manager at Ofi Gestion Privee Credit Agricole SA, France’s second largest bank by assets, will make losses…