Your Source for Daily FOREX Market News and Analysis
Sunday, 08 November 2009 GMT
FOREX ALERTS >>
chf news
Article
Euro: Another Record High, Further Gains in Store
Friday, 19 October 2007 21:06:53 GMT
|
Previous Articles
Print
- Wednesday, 27 February 2008 23:45:28 GMT Carry Trades Plunge As Risk Aversion Reigns
- Wednesday, 12 December 2007 22:44:39 GMT Swissie to See Volatility on SNB Decision
- Tuesday, 27 November 2007 21:32:56 GMT Carry Trades Rebound Thanks to Dow Rally but Losses Are Still Steep
- Monday, 26 November 2007 21:39:24 GMT Euro: Ready for a Breakout
- Monday, 19 November 2007 22:16:42 GMT Euro: Will We See Another Thanksgiving Week Breakout?
- Monday, 12 November 2007 21:48:47 GMT Euro: Be Careful of What You Buy
- Monday, 05 November 2007 22:03:08 GMT Euro: Rate hike, Rate hike, Rate hike
- Friday, 02 November 2007 21:13:54 GMT Euro On its Way to 1.50 Now that the French Have Stopped Screaming
- Thursday, 01 November 2007 20:27:13 GMT Is the Swiss National Bank Endorsing Carry Trades?
- Monday, 29 October 2007 22:10:31 GMT Euro Hits New Record High
- Friday, 26 October 2007 22:00:19 GMT Euro: Can It Sustain These Record Highs If The ECB Doesn't Hike?
- Thursday, 25 October 2007 22:24:05 GMT Euro: Will Rising Import Prices Lead The ECB To Hike?
- Tuesday, 23 October 2007 22:26:00 GMT Euro: Ready To Retake Record Highs Once Again?
- Monday, 22 October 2007 21:41:37 GMT Euro: ECB Acquiescent In The Face Of Appreciation
- Thursday, 18 October 2007 21:33:16 GMT European Economic Data Remains Strong
- Wednesday, 17 October 2007 22:07:17 GMT Euro Still Stuck in a Range; SNB Roth Says Do Not Rule Out Rate Hike
- Friday, 12 October 2007 21:40:41 GMT Euro: Will We See 1.40 Before 1.4350?
- Thursday, 11 October 2007 21:43:56 GMT Euro Tackles 1.42 as ECB Grows More Hawkish
- Wednesday, 10 October 2007 21:59:58 GMT Don't Bet Against the ECB
- Monday, 01 October 2007 21:58:19 GMT Euro: Maybe Trichet Will Wince at Earnings
The Euro climbed to another record high today despite weaker German producer prices. Unlike the French, the Germans continue to be very comfortable with the level of their currency as well economic growth.
Today, the German Finance Ministry said in its monthly report that the available economic indicators suggest that the upswing remains intact and the financial market turbulence has not appreciable burdened the economy. This will be an important perspective to keep in mind ahead of next week’s German IFO report. The stability of analyst sentiment and the firmness of Eurozone exports could keep businesses optimistic, which would help to drive further Euro gains.
Written by Kathy Lien, Chief Currency Strategist for DailyFX.com
Resources
