Forex Trader News

The euro rose against the pound on Wednesday after Greece approved measures needed to avoid a default, but questions, as whether Italy and Spain could contain their sovereign debt, capped the Euro gain. The jump was ignited from a one month low, giving the Euro a little momentum before possibly reaching its resistance. The Euro [...]

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European equities trimmed their starting gains to the fore of the U.S Labour Department’s extensively looked forward to monthly employment report. The European currency showed strength in the Asian trading market subsequent to when the European Central Bank raised its yardstick interest rate by 25 basis points to 1.5 percent as anticipated and indicated for [...]

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The Euro recently fell down against major currencies like the US Dollar as European Central Bank President – Jean-Claude Trichet was interviewed responding in a vigilant tone during his monthly news conference. Germany and the currency link: The 17 nation currency has had an upward drive on the graph. Especially after a research report that [...]

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The euro currency is failing in the market successively for a week and at this time it is being guessed that the European Central Bank is going to raise the interest rates which can further deteriorate the condition. The decision will be hampered by the debt crisis in this area hence it is contemplated that [...]

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