Violence has broken out in Athens as protesters took to the streets to demonstrate against the harsh new austerity measures imposed on the country. Here are some of the latest images from the protests. Read More Violence erupts as Greek unions begin 48 hour strike in pictures
Posted in FX News | Tagged 48, as, begin, erupts, greek, hour, in, pictures, strike, unions, violence
Yesterday’s session was headlined by the SNB’s latest monetary policy meeting, amid swirling rumours of a rise in the EURCHF exchange rate floor. Instead however, Swiss policy makers opted to keep policy unchanged, leaving interest rates at 0.00% and the EURCHF floor at 1.2000. The statement offered very little new Read More FX Markets Begin [...]
Posted in FX News | Tagged 13000, above, as, back, begin, creeps, eurusd, fx, holiday, lull, markets
The Euro looks vulnerable as a critical EU leaders’ summit looks increasingly unlikely to produce a comprehensive solution to the Euro Zone debt crisis. Read More FOREX Euro Under Fire as EU Leaders Begin Critical Summit
Posted in FX News | Tagged as, begin, critical, eu, euro, fire, forex, leaders, summit, under
The UK’s services sector suffered its biggest fall in six months in October, according to the official measure of its activity, raising concerns for the recovery’s momentum entering 2011. Read More Services sector activity falls as austerity measures begin to bite
Posted in FX News | Tagged activity, as, austerity, begin, bite, falls, measures, sector, services, to
Could the endgame of this Greek tragedy be a eurozone break-up? The single currency’s supporters maintain that such an outcome is mere mythology. Read More Greek saga wont kill the euro but the end may begin here
Posted in FX News | Tagged begin, but, end, euro, greek, here, kill, may, saga, the, wont
The economic calendar carries no significant event risk in European trading ours, leaving currency markets to find their bearings after last week’s major developments, with the changing outlook towards the US Dollar in the spotlight. Read More Currency Markets in Flux as Interest Rates Begin to Overshadow Risk Trends
Posted in FX News | Tagged as, begin, currency, flux, in, interest, markets, overshadow, rates, risk, to, trends
