In early European deals on Monday, the euro declined against other major currencies ahead of the European Union finance ministers meeting in Brussels today.
The euro remained under selling pressure since last week, weighed down by renewed jitters about the euro zone debt crisis and reduced expectations that the European Central Bank will raise interest rates soon.
Euro zone debt markets became increasingly unsettled in recent days as Portuguese 10-year bond yields reached record highs, sparking fresh concerns about funding costs in peripheral euro zone economies.
The euro weakened against the US dollar in early European deals on Monday. The euro-dollar pair is currently trading at more than a 3-week low of 1.3465, compared to Friday’s close of 1.3548. On the downside, 1.310 is seen as the next target level for the euro.
During early European deals on Monday, the euro slipped against the yen. As of now, the euro-yen pair is trading at a 5-day low of 112.13 and the next downside target level for the European currency is seen at 111.5. At Friday’s close, the pair was quoted at 113.05.
Gross domestic product in Japan was down 0.3 percent in the fourth quarter of 2010 compared to the previous three months, the Cabinet Office said today. That was better than expectations for a 0.5 percent quarterly fall following the downwardly revised 0.8 percent increase in Q3.
On an annualized basis, GDP was down 1.1 percent – again topping forecasts for a 2.0 percent contraction following the downwardly revised 3.3 percent increase in the third quarter.
The euro fell against the pound in early European deals on Monday. The euro-pound pair that closed Friday’s trading at 0.8466 is now worth 0.8408. This set a 1-week low for the European currency. If the euro weakens further, it may likely target the 0.835 level.
The euro dropped against the Swiss franc after reaching a high of 1.3205 by about 2:35 am ET Monday. At present, the euro-franc pair is trading at a 4-day low of 1.3103 with 1.285 seen as the next downside target level. The pair closed Friday’s trading at 1.3186.
The franc advanced after Credit Suisse revised up Switzerland’s economic outlook for 2011 to 1.9% from an earlier prediction of 1.2%.
In early European deals on Monday, the euro edged down against the Australian dollar. As of now, the euro-aussie pair is trading at a 6-day low of 1.3420, compared to last week’s close of 1.3519. The next downside target level for the European currency is seen at 1.335.
The number of new home loans for owner-occupiers rose by a better-than-expected 2.1 per cent in December, to a seasonally adjusted 51,706, according to a release from the Australian Bureau of Statistics. The bureau said total housing finance by value rose by 2.5 per cent in December, seasonally adjusted, to A$21.587 billion.
The euro, which closed Friday’s trading at 1.3392 against the Canadian dollar declined to near a 4-week low of 1.3307 in early European deals on Monday. If the euro slips further, it may likely target the 1.320 level.
During early European deals on Monday, the euro dropped against the New Zealand dollar. Presently, the euro-kiwi pair is worth 1.7770, down from Friday’s close of 1.7820. If the European currency falls further, 1.765 is seen as the next target level.
Retail Sales in New Zealand were down 1.1 percent in December compared to the previous month, Statistics New Zealand said today – sharply lower than forecasts for a 0.4 percent decline following the 1.5 percent monthly increase in November.
For the fourth quarter of 2010, retail sales were down 0.4 percent compared to the previous three months. That was better than forecasts for 0.5 percent contraction following the 0.7 percent increase in the third quarter.
Looking ahead, the Eurozone industrial production for December is expected at 5:00 am ET.
I see them as backups.
The process of importing appears to be a skill in itself anyway.
Hi there colleagues, its wonderful piece of writing on the topic of tutoringand
fully defined, keep it up all the time.
I eνery tіme emailed this website post page tο аll my contacts, since іf
lіke to read it then my contacts will too.
I can not fault Tsohost.
Hey I know this is off topic but I was wondering if you knew of any widgets I could
add to my blog that automatically tweet my
newest twitter updates. I’ve been looking for a
plug-in like this for quite some time and was hoping maybe
you would have some experience with something like this.
Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
I have been exploring for a bit for any high-quality articles or weblog posts on this sort of area .
Exploring in Yahoo I finally stumbled upon this site.
Studying this information So i’m glad to express that I’ve a very
good uncanny feeling I discovered just what I needed.
I so much no doubt will make certain to do not forget this web site and give it
a look on a constant basis.
The Pro Knife’s sheath has actually been entirely redesigned with a
new black and orange color pattern, and also consists of numerous notable enhancements, such as a longer firesteel that sits in an upright
slot, a carbide pull via sharpener, and a brand-new
pocket at the top of the sheath for the Top priorities of Survival Pocket Quick guide.
Do you listen to involving HSV ERASER software ever?
I understand the majority of you don’t understand everything concerning
this expensive system. Nicely, I am about to show you everything with
this program. HSV Eraser is really a software which helps each hsv simplex virus sufferer to help cure herpes virus contamination for good.
This program can be entirely based on healthy herpes virus cure
therefore you will discover zero probabilities of receiving the
unwanted side effects. The offer has already cure thousands of
hsv simplex virus patient for great till 2015. I have noticed numerous sufferer proclaiming
they’ve also been cured through herpes an infection simply by following a footsteps granted within the HSV ERASER.
Today HSV ERASER will introduce the following level of herpes virus
heal 2016 plan. This course recommend the most effective normal highly effective stuffs that helps
you to eliminate the herpes simplex virus in addition to as well allows you increase the immune system so that the affected individual is able to
combat far better via herpes virus an infection.
The extra content you create, the more possible you’ll rank
and be found for certain keywords and phrases.