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30/05/2012 23:36 AST
EUR/USD is currently at 1.2465, off from another fresh 2012 lows at 1.2456 and lowest since July 2010, amid a new round in risk-off sentiment sending local share markets to the red again, Nikkei down -0.73%, and gold flirting with fresh weekly lows below $1550. Worse than expected Aussie retail sales figures pressed risk sellers to print new session lows in a downward session that started around 1.2487 highs.
London session ahead shows a soft EUR macro data related agenda, with only EZ M3 money supply at 08:00 GMT along with EU private loans at same time and EU retail PMI 10 minutes later, for then after NY open ECB chairman Draghi due to give a speech at Brussels. Headlines coming from new developings from Spain will probably bring volatility to markets, as well as Italy sovereign bond auctions looking for more than ?6B in 5 and 10 year maturities. Spain 10y yields sit now around the 6.45% and Italy's at 5.90%.
For the immediate term, support to the downside for EUR/USD sits at recent session and 2012 lows 1.2456, followed by June 17/28 2010 highs at 1.2414/1.2398 and June 1st 2010 lows 1.2354. For the upside, closest resistance shows at Friday's lows 1.2490, followed by yesterday's Asian session lows at 1.2508 and Monday's lows 1.2525.
NASDAQ
| Ticker | Price | Volume |
|---|
| US Dollar | 1.00 |
| Euro | 0.88 |
| British Pound | 0.77 |
| Japanese Yen | 113.21 |
| Saudi Riyal | 3.75 |
| Kuwaiti Dinar | 0.30 |
| Derham Emirati | 3.67 |
| Bahraini Dinar | 0.38 |
| Omani Riyal | 0.39 |
| Qatari Riyal | 3.67 |
03/07/2025
With the US dollar at multi-year lows and expected to weaken further over the next six to 12 months, prospects are improving for emerging-market assets, a report showed on Wednesday.
Standar
Khaleej Times
02/07/2025
The crypto market is poised for significant growth in 2025, and Bitcoin, the largest cryptocurrency, could hit $200,000 this year, a senior official said.
"The successful clearance of the G
Khaleej Times
27/06/2025
The US dollar on Thursday eased to a three-and-a-half-year low against the euro as concerns about the future independence of the US Federal Reserve (central bank) undermined faith in the soundness of
ONA
25/06/2025
The US dollar declined against other currencies in Tuesday's trading.
The dollar index, which measures the performance of the US currency against a basket of currencies, fell to 98.12, conti
QNA
24/06/2025
The dollar rose Monday as investors turned to safe-haven assets, but the restrained moves suggest markets are monitoring developments in the Middle East.
In currency markets, the euro was 0.
QNA
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