divider
divider
divider
blog
divider
divider
Español
divider

divider


Recent News:
  • Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.    Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.    Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.   
We are in the process of migrating to a new and improved website to better serve you. In the meantime, some pages will continue to reside on the old site layout as others are moved to the new layout. Please bear with us as we make this transition.
resources
Check Out Our New Ads
Independent. Objective. Reliable.

- View All -

In Our Words

"Effective, timely communication is essential. That's why I make it my mission to keep Daniels Trading on the leading edge of interactive technology. Whether it's through our web site or one of our e-newsletters, I strive to ensure our customers have access to the information they want...when they want it."

– Adam M. Nicholson
Vice President - Marketing

Adam M. Nicholson, Vice President - Marketing
dt Newsletter Sign-Up
First Name:*
Last Name:*
Email:*
 
 
Commodity Futures Newsletter
Free Offers & Trials

Register for Your Free 2-Week Trial of the dt Insider Market Advisory!

Insider Market Advisory
View all free trials & offers

Futures Market News

- Subscribe to receive our commodity news updates by email -

Euro struggles against yen, dollar

Jul 06, 2012 11:31 AM

Friday saw the common currency of the European Union lose value again against the Japanese yen as the embattled 17-nation currency is on a three-day losing streak against the monetary unit of the Pacific Rim nation, according to Bloomberg.

Spain, which is toiling under the duress of the sovereign debt crisis, is reporting poor industrial production. The euro was driving toward its worst weekly performance against the world's reserve currency since late last year. Spain's 10-year bonds were performing poorly and pushed toward the 7 percent figure. The euro's losses on Friday resumed Thursday slump, which was prompted by the central bank of Europe cutting interest rates to record laws.

"The economic fundamentals surrounding the euro area look dire," researcher Takuya Kawabata with Gaitame.com Research Institute in Tokyo told Bloomberg. "We can't expect any economic indicators that can bolster the euro."

The euro's losses this week against the U.S. dollar are roughly 2.3 percent, the worst performance since week-ended December 16.

Reuters reports the 17-nation monetary unit stooped to its lowest value in five weeks against the U.S. dollar on Friday.

Don’t Miss Our News Updates!

dt Commodity News
Share dt News:
Facebook Twitter More...

Follow our breaking news stories and get a unique take on current events that may impact the commodity futures markets.  Multiple new articles are posted each weekday.  Subscribe to our commodity news updates by email, and receive real-time updates with our RSS feed, follow us on Twitter @DanielsTrading, become a fan on Facebook to stay informed.


Enter your email address to subscribe to our commodity news by email:
    Delivered by FeedBurner



SPECIAL OFFER: Wealth Empowerment Guide

Wealth Empowerment Guide: Tax-Advantaged Futures & Options Investing

Learn how to trade commodity futures and options using funds from an IRA or 401(k)!

Is your IRA parked in some mutual fund, going nowhere? Why not take control? Trade futures direct with a broker, trade online, and even invest in a managed account with a Commodity Trading Advisor. We are here to help!

Download Now!


Special Offer

Insider Market Advisory

Register for Your Free 2-Week Trial of the dt Insider Market Advisory!

With your free trial membership, you'll receive full access to our exclusive trade recommendation service and all of the timely and accurate trade information you need to feel comfortable participating in the markets.


Register Now