what time does the euro currency start trading

Euro Unable to Hold Gains Despite Concerns Over U.S. Bank Nationalization

The euro has given up most of its gains after a strong start to the week in the Asian trading session.The euro gained almost two full cents in overnight moves as concerns that the U.S. government could raise its stake in Citigroup, according to currency strategists. However the single currency was unable to break through the 1.30 barrier and is now trading at 1.2797 USD.Boris Schlossberg, director of currency research at GFT, said the fear of nationalization

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Euro Moves Higher as ISM Surprises to the Upside

This afternoon the euro is trading just off session highs. Most strategists agree that it is only a matter of time before the currency starts to weaken again.Economist Steve Butler said he is expecting the U.S. dollar to continue to win out as more bad news comes from Europe. He added that the

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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U.S. markets holds up; EUR/USD sustains gains

FXstreet.com (Córdoba) ? U.S. markets soar today and have been able to maintain its gains through the session. The Dow Jones Industrial Average is rising almost 200 points to 8404 and the S&P 500 recently climbed above 900 for the first time since January. Markets are extending the optimism about economic future. This moved increase risk appetite across the board generating a big increase in European currencies which have been trying to break important levels. EUR/USD hasn?t been able

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Euro Unable to Hold Gains Despite Concerns Over U.S. Bank Nationalization

The euro has given up most of its gains after a strong start to the week in the Asian trading session.The euro gained almost two full cents in overnight moves as concerns that the U.S. government could raise its stake in Citigroup, according to currency strategists. However the single currency was unable to break through the 1.30 barrier and is now trading at 1.2797 USD.Boris Schlossberg, director of currency research at GFT, said the fear of nationalization

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European markets in positive; Euro higher and Pound down on weak GDP

FXstreet.com (Barcelona) ? European stock markets are going through gains on Friday cheered by better than expected German Ifo Business Climate which has driven the Euro further up in European morning time. In the UK, the Pound has been slammed by the largest GDP slump since 1979.Eurostoxx 50 index gains 0.89% and German DAX Index adds 1.09%, while French CAC Index trades 1.02% above its opening level. In the UK, London FTSE index adds 0.94%.In the macroeconomic front Germain Ifo

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Asian markets rise; Euro and Pound consolidate

FXstreet.com (Barcelona) - Asian markets have risen on Wednesday despite Japanese GDP decline, as Goldman & Sachs upgraded its recommendations for trading houses and shipping lines. Euro and Pound are going through consolidation after two-days rally.Japanese Nikkei Index has added 0.5% despite the 15.2% year-on-year decline in Japanese GDP. The MSCI Asia Pacific Index rose another half percentage point. Mitsubishi Corp, a trading house with half of its activity dedicated to commodities has s¡urged 5.5% in Tokyo, while China

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Dollar extends gains against Euro and Swiss Franc

FXstreet.com (Córdoba) ? Dollar is rising across the board. Against the euro got stronger and went bellow 1.3300 for the first time of the day to 1.3280 (lowest for the session). EUR/USD extended declines to almost 1% as the pair continues to move in a downtrend line since the start of the American Session. Against the Swiss Franc the dollar is also stronger. USD/CHF has recently reached a day high at 1.1360. Since the begging of the American Session

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European markets open with moderate gains, Euro and Pound slightly weaker

FXstreeet.com (Barcelona) ? European markets have opened the week with gains, as banks have advanced after Geithner assuring that the U.S. banking system is healthy. Euro and Pound have ticked slightly lower in European session so far, while the Yen seems to be taking ground back after yesterday?s decline.Eurostoxx 50 Index trades 0.50% higher while German DAX Xetra rises 0.40% and French CAC 40 trades 0.30% above its opening level. London FTSE Index trades 0.40% up.On the macroeconomic respect, the

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Euro Breaks Below Key Support as Investors Show Signs of Capitulation

Traders are losing their confidence in the euro as it was dragged lower against the U.S. dollar overnight.EUR/USD moves were subdued during the Asian session and hit its high at 1.3592 USD. Since the start of the European session, the euro has been under significant pressure, losing more than 2.41 cents and trading near 1.33 USD.According to strategists, 1.24 USD was a key support level for the euro. The break below 1.24 could have triggered some stop

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