Chinese Yuan Forex
Forex: Euro falls after disappointing U.S. indicators, fears about the recovery of the euro have been extended losses against the dollar on Tuesday, penalized b
The euro has extended its losses against the dollar on Tuesday, penalized by renewed concerns about the strength and sustainability of the recovery global economic indicators disappointing Americans addition to concerns about the pace of growth in China.
Around 1600 GMT (1800 Paris) The euro stood at $ 1.2185 against $ 1.2276 around 2100 GMT, after falling to $ 1.2152 around 1420 GMT, its lowest level since June 14
Against the yen, the euro fell to 107.75 yen 109.68 yen contras also on Monday, falling 107.32 yen even at 2:25 pm GMT, its lowest level since November 1915, 2001.
The dollar also fell against the yen at 88.42 yen from 89.35 yen on Monday after falling to 88.29 yen at 2:25 GMT, its lowest level in nearly two months.
The U.S. consumer confidence deteriorated sharply in June after three months of increases, falling to 52.9 points, its lowest level lowest since March, the Conference Board index on Tuesday.
"The increasing uncertainty and apprehension about the future state of the economy and labor market – the result no doubt the recent slowdown in employment growth – are the main reasons for this sudden twist, "says the Conference Board.
The figures of particular interest to investors who are eagerly awaiting the release Friday of the monthly report on employment and unemployment in the United States.
In addition, housing prices in the United States were resumed in April after declining in March, but "not yet show signs of sustained recovery," according to the standard monthly magazine and Poor's / Case-Shiller index released Tuesday.
Prior to these figures, the market was already "moved by renewed concerns about China's growth, which could be slower than expected, "said Jane Foley, analyst at Forex.com, after review down the composite index of China, the Conference Board.
"China is the main engine of global recovery and the loss of trust in question, said Derek Halpenny, senior currency analyst at Bank of Tokyo-Mitsubishi, especially the week that "fears about China's growth comes as the European Central Bank (ECB) believes that its financing operation one year to expire on Thursday. "
More than a thousand euro zone banks must now pay a total of 442 million euros at the ECB.
Moreover, the ECB said it has drained the money he expected less than banks for the first time since launching operations in May absorption, to neutralize the inflationary impact of government bond purchases.
Around 1600 GMT, sterling gained some ground against the euro to 80.77 pence per euro, rising to 80.67 pence at 3:40 pm GMT, its strongest level since November 7, 2008. Sterling lost again, however some ground against the dollar at $ 1.5086.
The franc has made significant progress against the euro to 1.3178 francs per euro, after a new record at 1.3171 Swiss francs reached around 3:45 pm GMT. The Swiss currency also advanced against the dollar at 1.0816 francs per dollar, after peaking at 1.0808 Swiss francs, its highest level since early May.
The ounce of gold ended at $ 1,234.50 at auction night against $ 1,261 the previous day.
The Chinese yuan ended at 6.7977 yuan against U.S. dollar 6.7959 yuan on Monday.
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1600 GMT 2100 GMT EUR / USD 1.2185 1.2276 EUR / JPY 107.75 109.68 EUR / CHF 1.3178 1.3344 EUR / GBP 0.8077 0.8125 USD / JPY 88.42 $ 89.35 / CHF 1.0816 1.0869 GBP / USD 1.5086 1.5106
1600 GMT 2100 GMT EUR / USD 1.2185 1.2276 EUR / JPY 107.75 109.68 EUR / CHF 1.3178 1.3344 EUR / GBP 0.8077 0.8125 USD / $ 89.35 88.42 JPY / CHF 1.0816 1.0869 GBP / USD 1.5086 1.5106
1600 GMT 2100 GMT EUR / USD 1.2185 1.2276 EUR / JPY 107.75 109.68 EUR / CHF 1.3178 1.3344 EUR / GBP 0.8077 0.8125 USD / JPY 88.42 $ 89.35 / CHF 1.0816 1.0869 GBP / USD 1.5086 1.5106
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