Wall Street slips into the red as S&P warns that the US could be downgraded again if it fails to create a “credible” fiscal plan, while Greek debt talks continue in Athens. Read More Debt crisis and Greek debt talks as it happened, February 8, 2012
Posted in FX News | Tagged 2012, 8, and, as, crisis, debt, february, greek, happened, it, talks
French Finance Minister Francois Baroin claims that Austria, Belgium, Finland, France, Germany, Greece, Italy, Portugal and Spain are all ready to introduce a financial transaction tax. Read More Debt crisis and Greek debt talks as it happened February 7, 2012
Posted in FX News | Tagged 2012, 7, and, as, crisis, debt, february, greek, happened, it, talks
The euro declined today before results of talks between Greece and its creditors will be revealed. Traders are nervous as the outcome of the discussions is uncertain and they thought that keeping the euro is too risky.(…)Read the rest of Euro Drops as Talks Between Greece & Creditors Near to Conclusion (72 words) Posted on Forex News. Read More Euro Drops as Talks Between [...]
Posted in FX News | Tagged as, between, conclusion, creditors, drops, euro, greece, near, talks, to
The Brazilian real dropped today as uncertainty about an outcome of the discussion about reduction of Greek debt made traders sell riskier currencies and stick to safer assets.(…)Read the rest of Brazil’s Real Down as Traders Await End of Greek Troubles (67 words) Posted on Forex News. Read More Brazils Real Down as Traders Await End of Greek Troubles
Posted in FX News | Tagged as, await, brazils, down, end, greek, of, real, traders, troubles
USD is broadly stronger on risk aversion as there is still no resolution in Greece. Time is running short on a PSI deal as well as the more difficult task of meeting Troika demands for greater austerity. Positive economic data out of the U.S. has also reduced the likelihood of Read More Risk Off as [...]
Posted in FX News | Tagged as, clock, for, greece, off, risk, the, ticks
The New Zealand dollar climbed today, reaching the all-time high versus the euro, after positive employment data from the United States bolstered risk appetite among Forex traders, making them prefer higher-yielding currencies.(…)Read the rest of NZ Dollar at Record vs. Euro as US Employers Add Jobs (120 words) Posted on Forex News. Read More NZ Dollar at Record vs [...]
Posted in FX News | Tagged add, as, at, dollar, employers, euro, jobs, nz, record, us, vs
Read More Japanese Yen Outlook in Disarray as Greek Fiasco Beckons Intervention
Posted in FX News | Tagged as, beckons, disarray, fiasco, greek, in, intervention, japanese, outlook, yen
Though the dollar ended Friday in the red, its performance was too bad. A sharp correction of intraday gains for the Dow Jones FXCM Dollar Index would leave the benchmark in the red, but it nevertheless ended well off the week’s lows. Read More Dollar at Risk of Fresh Plunge as Dow Moves to Test [...]
Posted in FX News | Tagged as, at, dollar, dow, fresh, highs, moves, multiyear, of, plunge, risk, test, to
The Swiss franc was flat today as Swiss exports advanced, easing concerns about a new intervention by the Swiss National Bank, but trade balance surplus decreased anyway. 42 Vote(s) Read More Franc Flat as Trade Balance Decreases Even as Export Grows
Posted in FX News | Tagged as, balance, decreases, even, export, flat, franc, grows, trade
The Canadian dollar was little changed against its US counterpart on Thursday morning as worries about a disorderly Greek default offset momentum from encouraging US jobs data and positive European bond auctions. 23 Vote(s) Read More Canadian dollar little changed as Greek fears weigh
Posted in FX News | Tagged as, canadian, changed, dollar, fears, greek, little, weigh
