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By Anthony Lazzara |
January 10, 2013
The MAR13 Aussie Dollar has now exploded through the previous high of around 1.0525. A growing Chinese economy, as indicated by recent data, may also mean a growing Australian economy and thus a potentially higher Aussie Dollar.
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By Rita Nazareth, Bloomberg |
January 10, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index toward a five-year high, as China’s exports beat estimates and European Central Bank President Mario Draghi sees an economic rebound later in 2013.
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By Emma Charlton, Bloomberg |
January 10, 2013
The euro rose to the strongest since July 2011 against the yen after European Central Bank President Mario Draghi said the economy should gradually recover and the decision to refrain from cutting interest rates was unanimous.
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By Anthony Lazzara |
January 7, 2013
Right after the New Year, subsequent to the budget deal announcement, the U.S. dollar rallied as the euro tanked. The euro basically went from 1.32 to 1.30 in a couple of days, and is now consolidating a bit in the low 1.31s
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By Emma Charlton and Mariko Ishikawa, Bloomberg |
January 7, 2013
The euro traded at almost a three-week low against the dollar amid speculation the European Central Bank will signal it is open to cutting its benchmark interest rate when policy makers meet this week.
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By Ashraf Laidi |
December 6, 2012
The ECB's final press conference of the year triggered euro selling, but a rare technical setup could push this market above the $1.35 mark.
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By Barbara J Powell, Bloomberg |
December 6, 2012
Gasoline sank to a four-week low after European Central Bank President Mario Draghi said the region’s economic weakness will persist, reducing fuel demand, and as U.S. budget talks are stalled.
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By Neal Armstrong, Bloomberg |
December 6, 2012
The euro weakened for a second day against the dollar after European Central Bank President Mario Draghi said policy makers had a “wide discussion” on interest rates before they took a policy decision today.
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By Matthew Brockett, Bloomberg |
December 6, 2012
The European Central Bank cut its economic and inflation forecasts and President Mario Draghi said weakness will persist into next year, leaving the door ajar for further interest-rate cuts.
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By Lucy Meakin, Bloomberg |
November 8, 2012
The euro fell to a two-month low versus the dollar as the European Central Bank kept its benchmark interest rate at a record low and President Mario Draghi said economic growth was expected to remain “weak.”
