Daily Forex Overview

Posted by Dukascopy Swiss FX Group in March 4th 2010  
Previous session overview The euro edged lower against the dollar in Asia on Thursday as U.S. and European banks took profits after the euro hit a two-week high overnight. Non-Japanese banks and speculators sold the risk-sensitive euro as falls in Japanese shares left them reluctant to take risks, traders said. The U.S. unit was at JPY88.45, almost unchanged from its New York level of JPY88.43. The ICE Dollar Index, which tracks the greenback against a trade-weighted basket of currencies, was


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Filed under: Fundamental

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Daily Forex Overview

Posted by Dukascopy Swiss FX Group in March 4th 2010  
Previous session overview The euro edged lower against the dollar in Asia on Thursday as U.S. and European banks took profits after the euro hit a two-week high overnight. Non-Japanese banks and speculators sold the risk-sensitive euro as falls in Japanese shares left them reluctant to take risks, traders said. The U.S. unit was at JPY88.45, almost unchanged from its New York level of JPY88.43. The ICE Dollar Index, which tracks the greenback against a trade-weighted basket of currencies, was


Read More...

Filed under: Fundamental

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Posted in: Fundamental : 03.4.10


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