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| | | | DailyFX Delivered To You: Daily Fundamentals Article Thank you for signing up for DailyFX research. Please see below for today's Fundamentals article: - Euro Slides as Japanese Yen and US Dollar Make Comeback Post-Bernanke
With no new easing stimuli measures coming from the globe’s major central banks, and the first Chinese rate cut in four years potentially signaling rocky waters ahead, market participants have jumped back into the Japanese Yen and the US Dollar. Meanwhile, rumors of a Spanish bailout have begun to emerge. - Euro Hit By Speculation For Spanish Bailout, Range-Bound Prices Ahead
Speculation for a Spanish bailout sapped risk-taking behavior on Friday and the ongoing turmoil in the euro-area will continue to drag on market sentiment as European policy makers maintain a reactionary approach in addressing the debt crisis. Reminder, you will receive daily e-mails with the latest Fundamentals Article. Visit the DailyFX forum to ask our DailyFX analysts questions, share your thoughts on this article, or talk with other traders. Want more news? Sign up for additional newsletters. Have questions or comments about this article? You can contact our research team at research@dailyfx.com. Best regards, DailyFX
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