MUMBAI, Sep 01 Euro-zone numbers of unemployed people in the currency area rose for a third consecutive month – put a stop to Euro rally and started to fall.
Eurostat doesn’t give details with its preliminary inflation data, but it reinforced expectations that the annual rate will come under increasing pressure from weaker energy inflation. The jobless figures, [...]
September 1, 2011 | Posted in Gold Trading
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MUMBAI, July 27 Dollar rate forecast- USD dollar rate climbed from record lows against the Swiss franc and three-week troughs versus the euro on Wednesday as investors trimmed bearish bets on the greenback given no fresh news on negotiations to raise the U.S. debt ceiling.
Analysts though expected the dollar’s rally to be short-lived as its outlook remained [...]
MUMBAI, July 27 Euro dollar forecast- A bitter stalemate over a deal to raise the U.S. debt ceiling and the specter of a U.S. credit downgrade drove the Euro Dollar to session highs on Tuesday against the yen and the US Dollar.
The U.S. currency fell as much as 1% against the euro, and reached fresh three-week depths versus [...]
MUMBAI, July 17 Euro dollar forecast- Euro on friday steadied against the dollar, as fears the results of European bank stress
tests due later in the day could further sour sentiment towards the currency were tempered by concerns about U.S. debt after a
rating agency warning.
With worries about the euro zone and the United States roughly offsetting each other, [...]
MUMBAI, July 11 - Dollar rupee forecast bottom at INR 44.910 and commences a rally. The Indian rupee was trading higer as State-run banks have been buying for oil companies, but dealers are also betting on more inflows related to the likely share sale of a finance company in coming days, which capped a sharp rise in the [...]
MUMBAI, July 09 Euro dollar forecast- Euro fell the most against the dollar as Moody’s Investors Service cut Portugal’s government bond rating to junk and European banks faced more stringent stress tests.
The 17-nation euro fell 1.8 percent to $1.4265, from $1.4526 on July 1, after touching $1.4206 yesterday, the lowest since June 27. The drop in the [...]
MUMBAI, June 24 - Euro Dollar Traders booked profit around on Thrusday at USD 1.4183 levels.
We feel Euro Dollar forecast prices to rally past this weekend untill early next week.( refer EURO USD Price chart)
Click the url to find out the previous and latest EURO USD Forecast
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June 24, 2011 | Posted in Gold Trading
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MUMBAI, June 22 - Euro dolar makes and trading top and retracing in early Asia trade, reversing some gains it had made earlier, after Greece’s parliament favored Prime Minister George Papandreou’s reconfigured government with a 155-143 vote of confidence.
The euro after making a $.1.44322 is trading near $1.43539 immediately after the vote.
The confidence vote fuels hopes that Greece’s parliament next week will [...]
MUMBAI, May 25 - Dollar rupee forecast continues to rally after making an intermediate bottom at INR 43.30. The Indian rupee was trading stronger in afternoon session on Tuesday aided by some gains in the euro but seesawing domestic shares limited a sharp rise in the domestic currency. The partially convertible rupee closed at 45.205 per dollar.
Our in [...]
MUMBAI, May 08 - Dollar rupee makes a intermeidate bottom at INR 43.30 and rallies. The Indian rupee pulled back from its near six-week low on Friday morning and was largely stable as exporters stepped up dollar selling, with positive local shares helping, but it remained under pressure due to a strong U.S. unit.
The partially convertible [...]