Wed, 13/11/2013 - 14:24

The 17-nation currency tumbled for the first time in four days against the yen after the region’s factory output dropped more in September than economists forecast, adding to signs the recovery is stalling. The common...

Tue, 12/11/2013 - 16:03

EUR/USD has lost ground in Tuesday trading. The pair has dropped below the 1.34 line is trading in the mid-1.33 range in the European session. The euro reacted negatively to German inflation releases on Tuesday...

Tue, 12/11/2013 - 14:12

GBP/USD has dropped to break down tentatively below key support at 1.5900, a level that has been tested and respected at least twice within the past month. From mid-September, the currency pair was entrenched...

Mon, 11/11/2013 - 13:25

The sterling pound strengthened against the 17-nation currency for the second week after the European Central Bank unexpectedly lowered its benchmark interest rate, which boosted the demand for the UK currency. The...

Mon, 11/11/2013 - 11:47

The loonie slid to its weakest level in two months as stronger than expected US job growth fueled bets the Federal Reserve will start slowing the monetary stimulus boosting demand for riskier assets.The currency...

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(13/Nov - 14:24) - Euro Falls on Poor Industrial Production Data
Tradervox.com (Dublin) - The 17-nation currency tumbled for the first time in four days against the yen after the region’s factory output dropped more in September than economists forecast, adding to signs the recovery is stalling. The common currency fell versus all except three of its 16 major counterparts before a report tomorrow that analysts said will show gross domestic product growth slowed in the third quarter. The pound strengthened after the Bank of England improved its outlook for unemployment. The yen advanced as European and Asian stocks declined, spurring demand for safer assets. According to Alvin Tan, the euro is a...

 

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