News :: EasyFX » Spain

Spain Dodge’s Bullet as Moody’s Affirms Spanish Bond Rating

alexplester — Wed, 17 Oct 2012 07:44:11 +0000

Euro posts 5 month high v’s sterling after Moody’s affirms Spain’s debt.
Sterling gains 1 cent on US dollar and 1 and a half cents on Cad dollar.
Greenback sold off across the board as risk appetite increases.
Japan plan’s 1.0 trillion yen stimulus.

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GBP/Dollar Hits 1.61 Level ahead of UK Inflation

alexplester — Tue, 16 Oct 2012 08:18:01 +0000

• UK Inflation expected to fall to three-year low, boosts GBP
• Euro to be supported on European Union Leaders meeting
• US dollar rises against Yen on strong economic data
• Kiwi dollar falls on slower than expected inflation

Dollar Strength Kicks off New Trading Week

alexplester — Mon, 15 Oct 2012 07:43:34 +0000

Safe haven currencies kick off new week on the front foot.
Spain still in market focus for when rather than if it will take a bailout.
EU Summit to take place Thursday/Friday this week.
Oil drops for second day on Iran pledge to suspend uranium production.

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Euro Takes Spanish Downgrade in it’s Stride to Post Gains

alexplester — Fri, 12 Oct 2012 08:20:04 +0000

Spanish downgrade seen as positive move to make Spain request bailout. Single currency posts gains over sterling and dollar. Risk appetite improves in global markets to send dollar lower. Japan may intervene in FX markets. For more information see tool … Continue reading

Spain Downgrade by S & P on Risks

alexplester — Thu, 11 Oct 2012 08:52:42 +0000

Sterling edges higher, but gains could be temporary.
Euro slides as worries over Spain grow.
Dollar advances amid risk aversion.
Aussie climbs as job gains top forecasts.

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‘Spanish Bailout Not Imminent’

alexplester — Wed, 03 Oct 2012 07:59:53 +0000

Dollar posts gains as risk appetite disappears on Eurozone debt woes.
Sterling trades sideways ahead of key PMI Services data.
Euro falls – Spanish PM disappoints markets ‘bailout request not imminent’.
Aussie, Kiwi and South African Currencies fall on weak economic Chinese data.

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Euro Rallies on the Back of Positive Spanish Data

alexplester — Tue, 02 Oct 2012 08:10:54 +0000

Sterling slips as Manufacturing PMI disappoints.
Positive Spanish news buoys euro.
US Manufacturing data send dollar higher.
Aussie falls after RBA cut rates.

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Risk Off Mood Sends U.S. Currency Higher

alexplester — Mon, 01 Oct 2012 11:29:01 +0000

• Dollar takes advantage of risk aversion in global markets to push higher • Spain’s banking stress test shows a capital deficit of 59.3bn. • UK’s AAA rating faces increased likelihood of downgrade, Fitch said. • Canadian dollar rallies against … Continue reading

Spanish Anger Sends the Single Currency Lower

alexplester — Thu, 27 Sep 2012 07:55:02 +0000

Euro under pressure as Spanish protests on austerity unsettle markets.
Sterling holds firm versus euro and dollar.
Risk aversion in markets aids dollar rally.
Aussie & Kiwi dollars go bid on speculation China will act to support growth.

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Dollar Rally on ‘Risk Off’ Mode

alexplester — Thu, 20 Sep 2012 07:55:56 +0000

Euro sold off as Spain comes back into focus.
MPC minutes point to more QE to send GBP lower.
Risk appetite sends dollar higher.
Oil prices slump on Saudi supply rumours, Brent Crude $108.19 per barrel.

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