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Euro briefly hits session low on ECB’s Trichet comments

July 7, 2011 by Forex.ch Leave a Comment

NEW YORK, July 7 (Reuters) – The euro briefly extendeddeclines against the dollar to hit a session low on Thursdayafter European Central Bank President Jean-Claude Trichet saidthere are downside risks …

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Euro briefly hits session low on ECB’s Trichet comments
© Copyright Yahoo Finance

Filed Under: Forex News

EUR/USD Continues Sliding Through the ECB Meeting

July 7, 2011 by Forex.ch Leave a Comment

The ECB raised interest rates as expected from 1.25% to 1.50%. Although there was some consolidation in late US and into Asian session, the EUR/USD market started to continue south in European trading breaking below a rising wedge consolidation.

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EUR/USD Continues Sliding Through the ECB Meeting
© Copyright actionforex.com

Filed Under: Forex News

Dollar rises to session highs vs yen, euro on ADP

July 7, 2011 by Forex.ch Leave a Comment

NEW YORK, July 7 (Reuters) – The dollar extended gainsversus the yen and euro on Thursday after a report showed theU.S.

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Dollar rises to session highs vs yen, euro on ADP
© Copyright Yahoo Finance

Filed Under: Forex News

ECB raises key rate to 1.5 pct despite debt crisis

July 7, 2011 by Forex.ch Leave a Comment

The European Central Bank raised its key interest rate to 1.5 percent on Thursday to dampen down inflation, even though the move will add pressure on debt-ridden economies on the fringes of the 17-nation eurozone.

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ECB raises key rate to 1.5 pct despite debt crisis
© Copyright Yahoo Finance

Filed Under: Forex News

Euro slips further before ECB press conference

July 7, 2011 by Forex.ch Leave a Comment

The euro extended a decline on Thursday after the European Central Bank on Thursday, as expected, lifted its key lending rate by a quarter of a percentage point to 1.5%. Traders expect to hear a more conservative tone from ECB President Jean-Claude Trichet in his upcoming monthly news conference.

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Euro slips further before ECB press conference
© Copyright Yahoo Finance

Filed Under: Forex News

CANADA FX DEBT-C$ edges higher ahead of U.S. private payrolls

July 7, 2011 by Forex.ch Leave a Comment

* C$ rises to C$0.9637 vs US$, or 1.0377 * Bond prices lower across curve By Claire Sibonney TORONTO, July 7 (Reuters) – The Canadian dollar edged upagainst its U.S. counterpart after a three-day slide, …

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CANADA FX DEBT-C$ edges higher ahead of U.S. private payrolls
© Copyright Yahoo Finance

Filed Under: Forex News

Dollar, Euro Steady Ahead of ECB Meeting

July 7, 2011 by Forex.ch Leave a Comment

A rate hike of 25 basis points is expected. Global stocks are higher.

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Dollar, Euro Steady Ahead of ECB Meeting
© Copyright Yahoo Finance

Filed Under: Forex News

Euro, Bunds little changed after ECB raises rates

July 7, 2011 by Forex.ch Leave a Comment

LONDON, July 7 (Reuters) – The euro and German Bund futureswere little changed on Thursday after the European Central Bankraised benchmark interest rates by 25 basis points, as widelyexpected.The euro …

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Euro, Bunds little changed after ECB raises rates
© Copyright Yahoo Finance

Filed Under: Forex News

European Central Bank hikes refi rate to 1.5%

July 7, 2011 by Forex.ch Leave a Comment

The European Central Bank on Thursday, as expected, lifted its key lending rate by a quarter of a percentage point to 1.5%.

Continued here:
European Central Bank hikes refi rate to 1.5%
© Copyright Yahoo Finance

Filed Under: Forex News

ECB raises interest rates to 1.5%

July 7, 2011 by Forex.ch Leave a Comment

Eurozone official interest rates have risen for the second time this year as the European Central Bank steps up its battle against inflation, despite the threat to the 17-country region from its escalating debt crisis.

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ECB raises interest rates to 1.5%
© Copyright Yahoo Finance

Filed Under: Forex News
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