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Home / Spain / Page 3

Spain

Euro slips against yen as ministers prepare to convene again

Euro slips against yen as ministers prepare to convene again

November 26, 2012 by Daniels Trading

Monday saw the common currency of the European Union fall in value against the Japanese yen, the first day of losses in six trading sessions, according to Bloomberg. For the third time in three weeks, finance ministers from the 17-nation euro bloc are set to convene in Brussels for the sake of the fiscal health… Read more.

Euro climbs against dollar amid optimism for Greece

Euro climbs against dollar amid optimism for Greece

November 19, 2012 by Daniels Trading

Increased optimism for two political situations – one in Europe, the other in the U.S. – benefited the value of the common currency of the European Union on Monday, Reuters reports. Prospects of Greece winning emergency aid funding on Tuesday propelled the monetary unit while a brighter outlook for negotiations between leaders in the U.S.… Read more.

ECB’s weak forecast tugs down euro

ECB’s weak forecast tugs down euro

November 9, 2012 by Daniels Trading

Friday saw the common currency of the European Union lose value against the Japanese yen and the U.S. dollar, consequences of the European Central Bank warning regional growth prospects are dim, according to Bloomberg. Against the monetary unit of the Pacific Rim nation, the euro fell to its four-week low. Against the U.S. dollar, the… Read more.

Euro slips for second consecutive day after index indicates debt crisis weighing on region

Euro slips for second consecutive day after index indicates debt crisis weighing on region

October 24, 2012 by Daniels Trading

The common currency of the European Union fell for a second-straight day on Wednesday after manufacturing and services in the euro zone fell during the month of October, according to Bloomberg. Debt-hobbled Spain not soliciting bailout aid for its troubled banks also continues to burden the monetary unit. But a survey released by the Ifo… Read more.

Euro falls after Moody’s slashes Spanish regions’ credit

Euro falls after Moody’s slashes Spanish regions’ credit

October 23, 2012 by Daniels Trading

A credit service slashed the ratings of five regions of debt-hobbled Spain, pulling down the value of the common currency of the European Union against the Japanese yen, according to Bloomberg. In the aftermath of the Moody's Rating Service reduction, the euro fell from its top value in five months against the monetary unit of… Read more.

Euro climbs after party of Spanish leader advances

Euro climbs after party of Spanish leader advances

October 22, 2012 by Daniels Trading

A political advancement for the leader of debt-hobbled Spain drove up the value of the shared currency of the European Union on Monday, according to Reuters. The People's Party, to which Prime Minister Mariano Rajoy belongs, won three additional seats in Rajoy's home region of Galicia, Bloomberg reports. The Iberian nation's leadership is now viewed… Read more.

Gold futures gain for second consecutive trading session

Gold futures gain for second consecutive trading session

October 17, 2012 by Daniels Trading

A weakening U.S. dollar pushed up gold futures on Wednesday as the yellowish metal achieved a second consecutive day of gains, Bloomberg reports. After the credit rating of debt-hobbled Spain issued by Moody's Investors Service remained intact at investment grade, the world's reserve currency slipped against major rivals. Head Dealer Frank McGhee with Integrated Brokerage… Read more.

Loonie ends four straight days of losses to dollar

Loonie ends four straight days of losses to dollar

October 17, 2012 by Daniels Trading

Wednesday saw the Canadian dollar end four consecutive trading sessions of losses to the world's reserve currency as demand increased for monetary units linked with commodities, Bloomberg reports. Of the four days of losses for the loonie, the sharpest was Tuesday when the monetary unit slipped after central bank governor Mark Carney suggested his institution… Read more.

Spain nearing bailout pushes up euro against dollar, euro

Spain nearing bailout pushes up euro against dollar, euro

October 17, 2012 by Daniels Trading

Wednesday saw the common currency of the European Union gain against the monetary unit of Japan for a fifth consecutive day, propelled higher by speculation about Spain arriving closer to soliciting bailout aid for its troubled banks, according to Bloomberg. As officials with the European Union prepare to convene Thursday in Brussels for two days… Read more.

Gold futures rebound from string of losses

Gold futures rebound from string of losses

October 16, 2012 by Daniels Trading

Increased demand pushed up gold futures on Tuesday as the precious metal climbed from its lowest value in about one month, Bloomberg reports. Also prompting the upward drive of the yellowish metal was the reduced value of the U.S. dollar, which lost value against its counterpart currencies. The dollar lost value as conjecture indicated debt-hobbled… Read more.

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