This crisis created doubts over the EU’s financial strength and the future viability of the euro itself. By October 2011, the euro’s value had dropped to $1.33. It rose for a brief time as EU leaders met to resolve what had then become the eurozone crisis. Exchange rates are also important in corporations that operate worldwide because it will directly impact their financials. The Euro to US Dollar exchange rate went as high as 1.599 during the financial crisis in 2008. On March 12, 2015, the ECB started buying the bonds. The euro fell to a 12-year low of $1.05 …

Today, a total of 19 EU member states hold the euro as their national currency, with the remainder, excluding the UK, committing to do so in the future. Additionally, a number of non-euro states have fixed their currencies to the value of the euro, these include the Danish krone, the Comorian franc and the Moroccan dirham. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Then fill in the columns with the past daily prices that occurred for each pair over the time period you are …

If you think the euro will lose value versus the Australian dollar then you would take a short position by selling CFDs. The euro to AUD currency pair combines the 2nd and 5th most traded currencies, respectively . It is a versatile currency pair that is sometimes considered a barometer for global risk. The pair tends to drift lower in periods of high risk and higher in periods of low risk. Currency correlation tells us whether two currency pairs move in the same, opposite, or totally random direction, over some period of time. The charts give precise details on the …

In this context, news trading takes on a special character. Retail traders often say that the market is boring when it is trading flat . In fact, one should pay much attention to the Forex market when there is a narrow range pattern of price fluctuations. Experienced traders know that big traders get in the game when the market seems to be trading flat and there is little market activity. The two currencies represent two economic powerhouses, meaning trading EUR/USD is extremely popular with foreign exchange traders. The currency pair is one of the most traded fiat currencies in the …

You believe the price of Bitcoin will rise from its current valuation, so you buy 25 contracts at (equivalent to buying 25 bitcoins at $12500 each). This price represents the value of Bitcoin against the USD, and each dollar movement in the price of Bitcoin represents a potential profit of US $1. With us, you’ll trade on Ether price movements using CFDs – a type of leveraged derivative. The price of Ethereum has soared and has been reaching all-time highs. Bitcoin has also been surging, and when that happens it does boost investors desire for other cryptocurrencies where gains can …