European stock markets dive into red

From Amsterdam grant has started the new week with a strong loss. The degree meter AEX stood at 14.00 2.5 percent lower. It is the eleventh consecutive day that grant hands in. THE AEX, which touched last week already 10 per cent of its value lost, stand now on 288 points. That a loss of 50 points has been suffered with respect to two weeks. Then grant profited just as of the agreement in the euro zone concerning Greece. Frankfurt After relatively small losses at the opening, the good side seemed it go out. Within an hour stood Amsterdam on a small profit. But halfway the morning the fall started commitment. How longer the trade lasts, how further rates decrease.As the forex trading rates are going well down also, EUR/USD became 2.5%- today and the forex experts expect it to go further down.

The picture on the large grants of Europe is not differently. The loss in Frankfurt, London and Paris is 1.5 up to 2.5 percent. Action The initial bounce on the European markets vanochtend seemed a response to a decision of the European central bank. THE ECB says \" active attitude to at nemen\" in buying up state obligations. End last week came to outside that the top of the ECB was divided concerning this measure. According to grant traders the ECB has meanwhile added the action at the word and that has impact: the interest on Italian and Spanish government loans is zo\' n 0.75 per cent lower than Friday.

The grants of Milaan and Madrid do the thus relative good. Also to the countries of G7 to be possible the worldwide money markets let jointly will support the coming time when that necessary is. But according to grant analysts it is all not enough draw the markets smoothly. There more event must to reduce the national debt in the US and in the Southern eurocountries. Dow Jones In the new grant week was been predominant in Asia, where grants a continuation talents to the fall of last week. Meanwhile traders in Europe look at to New York. The market exchangers can 15.30 for the first time to react to the historical lowering of the American credit by the office Standard & Poor\' s. The indications are that also on Wall Street the rates decrease further. Such as there now to looks forward to Dow Jones index opens around 2 per cent lower.

All these problems do have effect on the forex trading market, as there are big changes in the valuta. Maybe for us as forex traders it is a smart plan to step into the EUR/USD to learn and earn from this fluctuations!




Read other news articles:
15-05-12: Growth in Germany offers reprieve for euro
11-05-12: Stop-loss selling rocks euro
08-05-12: Euro faces crisis over Greek elections
04-05-12: Euro and dollar hold ahead of important data release
02-05-12: Euro rocked by weak manufacturing data
27-04-12: Euro wobbles over Spain debt fears
24-04-12: Euro holds and Aussie dollar stumbles
20-04-12: Yen under pressure ahead of Bank of Japan easing
17-04-12: Spain bill auction prompts fears for euro
13-04-12: China data hits euro and Australian dollar
10-04-12: Japan and China influence forex markets
06-04-12: Worst week for euro in four months
03-04-12: Short covering drives yen to three-week high
30-03-12: Support for euro bailout firepower
27-03-12: Dollar to one-month low after Bernanke announcement