With the start of the session today pessimism dominated the market after the HSBC PMI manufacturing showed that the performance of the Chinese manufacturing sector contracted further in March, adding concerns that the global economy isn?t on the right track of recovery. Read More European Manufacturing And Services Contract Unexpectedly In March
Posted in FX News | Tagged and, contract, european, in, manufacturing, march, services, unexpectedly
US dollar index is gaining today, inching a bit higher. Previously, the US dollar index was struggling as the euro came off three-week lows to post some gains. However, those gains have been overwhelmed, and the US dollar is higher. Too many concerns about what’s next for the eurozone are weighing on European currencies, even though equities and commodities are higher today. (…)Read the rest of [...]
Posted in FX News | Tagged concerns, dollar, european, gains, index, on, us
Hopes that Europe is on the road to recovery were undermined as poor data from Spain and Italy helped send stock markets lower. Read More European recovery rocked by poor economic data in Spain and Italy
Posted in FX News | Tagged and, by, data, economic, european, in, italy, poor, recovery, rocked, spain
European economic confidence advanced beyond expectations for the second consecutive month on efforts from euro-area region to overcome the debt crisis, where market tensions in the European economy started to ease, confirming signs of stabilization despite the contraction recorded in the fourth quarter of last year. Read More European Confidence Improves In February On Efforts [...]
Posted in FX News | Tagged confidence, crisis, debt, efforts, european, february, improves, in, on, overcome, the, to
FXstreet.com (Barcelona) – Regardless of the better than expected Germany IFO data, the German DAX… For more information, read our latest forex news. Read More European markets edge lower on EZ recession forecast
Posted in FX News | Tagged edge, european, ez, Forecast, lower, markets, on, recession
The Greek government offered deeper cuts to public sector salaries and defence spending in a bid to axe ?325m from its budget as the options to stave off bankruptcy narrowed. Read More Greece tries deeper cuts to meet European demands
Posted in FX News | Tagged cuts, deeper, demands, european, greece, meet, to, tries
"The European metals market weakened … during the period and base metal prices were, on average, lower in both USD (US dollars) and SEK (Swedish crowns) than in the preceding quarter," the company said. The company, which also produces gold, … 39 Vote(s) Read More European market weakness hits Boliden
Posted in FX News | Tagged boliden, european, hits, market, weakness
Fairly orderly market. EUR/USD hardly changed on the day. We’re at 1.3115 from around 1.3105 when I parked my bum. We got a head of steam up early and managed to reach session high 1.3167 (Reuters) 1.3169 (EBS)….more. 24 Vote(s) Read More ForexLive European Morning Wrap
Posted in FX News | Tagged european, forexlive, morning, wrap
With the start of the session today the sentiment was negative, while markets were pessimistic as the flow of downbeat fundamentals from Asia spread negativity in the market; however, the Chinese manufacturing sector started the optimism in the market today. Furthermore, the European manufacturing sectors improved beyond expectations in January, Read More European Manufacturing Improves, [...]
Posted in FX News | Tagged european, improves, manufacturing, markets, rebound, the, to, upside
25 out of 27 EU leaders agreed on the fiscal pact that German Chancellor Angela Merkel has been… For more information, read our latest forex news. Read More European markets edge higher on EU news
Posted in FX News | Tagged edge, eu, european, higher, markets, news, on
