US dollar is lower today, dropping as Forex traders look forward to a Greek bailout. The expectation is that eurozone leaders will come up with a way to get Greece the money it needs to avoid a messy default. Equities around the world rallied on the news, and the need for safe haven fell, bringing the US dollar down as well. (…)Read the rest of US Dollar Drops on Greek Bailout Hopes [...]
Posted in FX News | Tagged bailout, dollar, drops, greek, hopes, on, us
French finance minister Francois Baroin says “all the elements are in place” to approve Greece’s ?130bn (?108bn) bail-out when eurozone finance ministers meet later today. Read More Debt crisis and Greek bailout live
Posted in FX News | Tagged and, bailout, crisis, debt, greek, live
Euro is gaining today, heading higher after a rocky week, thanks to hopes for a Greek bailout. Expectations are that a Greek debt agreement will be reached by Monday. The news has many Forex traders scrambling to enter long positions on the euro against the US dollar and the Japanese yen. (…)Read the rest of Euro Gains on Greek Bailout Hopes (150 words) Posted on Forex News. Read [...]
Posted in FX News | Tagged bailout, euro, gains, greek, hopes, on
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your … 42 Vote(s) Read More Flash EUR USD mixed after China [...]
Posted in FX News | Tagged after, and, bailout, china, delay, eurusd, fargo, flash, mixed, wells
As we begin another trading week we have 2 key factors to consider when it comes to Europe both revolving around Greece. The attention has turned to Athens yet again as there continues to be contentious negotiations around the conditions for the second ?130 billion (for now) Greek bailout. European Read More All Eyes Turn [...]
Posted in FX News | Tagged all, amid, bailout, contentious, eyes, greece, negotiations, to, turn
David Cameron is facing a growing revolt against plans to give billion of pounds of British money to help bail out the euro. Read More Conservatives to block rise in IMF bailout cash
Posted in FX News | Tagged bailout, block, cash, conservatives, imf, in, rise, to
David Cameron is facing a growing revolt against plans to give billion of pounds of British money to help bail out the euro. Read More Conservatives bid to block rise in IMF bailout cash
Posted in FX News | Tagged bailout, bid, block, cash, conservatives, imf, in, rise, to
Two developments today regarding banks and bondholders "private sector involvement" or PSI. First, it seems that Greece will be driving a hard bargain against bondholders as they engage in direct negotiations, including methods that force those not "voluntary" participating to also face write-downs. Usually, larger writedown and concerns about a Read More Greece Bargains with [...]
Posted in FX News | Tagged bailout, banks, bargains, fund, future, greece, in, involvement, no, on, private, psi, sector, though, with
The Canadian dollar dropped today as the speculation that the rescue fund of the European Union won’t be boosted, making traders unwilling to buy currencies with higher potential yield, but also with higher risk.(…)Read the rest of Canadian Dollar Falls on Potential Disagreement About EU Bailout Fund (143 words) Posted on Forex News. Read More Canadian Dollar Falls on Potential Disagreement About [...]
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The euro regained its footing today on the speculation the European policy makers will increase the rescue fund to help in battle with the debt crisis.(…)Read the rest of Euro Rebounds as EU Plans Boost of Bailout Fund (64 words) Posted on Forex News. Read More Euro Rebounds as EU Plans Boost of Bailout Fund
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