Tag: Technical

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 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 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 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 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 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…

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…

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…