|01-23-2015, 06:51 PM||#1|
Euro dips to 11-year lows vs. greenback, ECB move still weighs
The euro slipped to 11-year lows against the U.S. dollar on Friday, following the European Central Bank (ECB) announcement to pump more that trillion euros to support the euro zone.
The single currency retreated yesterday achieving the biggest daily loss in three years after ECB President Mario Draghi said it will make monthly purchases of €60 billion per month, starting in March and continuing until September 2016.
Despite the upbeat manufacturing data from euro zone countries released today, the euro continued its drop and the negative pressure is expected to remain in light of the historical quantitative easing measures.
The EUR/USD pair recorded fresh new lows since September 2003 around 1.1258, and is trading around 1.1183 at 12:02 GMT.
|مواقع النشر (المفضلة)|
|الذين يشاهدون محتوى الموضوع الآن : 1 ( الأعضاء 0 والزوار 1)|
|أدوات الموضوع||إبحث في الموضوع|
|انواع عرض الموضوع|
|الموضوع||كاتب الموضوع||المنتدى||مشاركات||آخر مشاركة|
|Euro drops to its lowest since 2003 against greenback||Hazem Ahlawy||Forex News||0||01-16-2015 09:30 PM|
|Euro holds steady near 9-year lows vs. dollar||Hazem Ahlawy||Forex News||0||01-10-2015 12:25 AM|
|Euro trading at nine-year lows on ECB quantitative easing bets||Hazem Ahlawy||Forex News||0||01-08-2015 03:55 PM|
|Euro dips after weak German inflation data||Hazem Ahlawy||Forex News||0||01-05-2015 11:09 PM|
|Oil suffers worst year-on-year performance in five||Hazem Ahlawy||Forex News||1||01-02-2015 12:26 PM|