Euro dollar is steady in the middle of the range, as talks between Greek leaders are close to conclusion regarding the terms of the bailout. Greek politicians have little choice, but they want to improve their position before the elections. In th 39 Vote(s) Read More EUR USD Waiting in Range for more Greek Cuts
Posted in FX News | Tagged cuts, eurusd, for, greek, in, more, range, waiting
Swiss franc is lower today in Forex trading, dropping as leaders warn that more job cuts are likely on the way in the country. Swiss companies expect to see weaker sales going forward (an outgrowth of the recently strong franc, which puts Swiss companies at an export disadvantage), and the news means that job cuts are likely on the way. Additionally, Swiss financial leaders reiterated their commitment to a weaker franc. (…)Read the [...]
Posted in FX News | Tagged cuts, expected, franc, job, lower, on, swiss
Spain and Italy were both told to brace for a debt downgrade after a leading rating agency concluded that a “comprehensive solution to the eurozone crisis is technically and politically beyond reach”. Read More Spain and Italy warned of downgrade as Moodys cuts Belgium by two notches
Posted in FX News | Tagged and, as, belgium, by, cuts, downgrade, italy, moodys, notches, of, spain, two, warned
Spain and Italy were both told to brace for a debt downgrade after a leading rating agency concluded that a “comprehensive solution to the eurozone crisis is technically and politically beyond reach”. Read More Fitch warns Spain and Italy of downgrade as Moodys cuts Belgium by two notches
Posted in FX News | Tagged and, as, belgium, by, cuts, downgrade, fitch, italy, moodys, notches, of, spain, two, warns
FXstreet.com (C?rdoba) – Fitch Ratings announced on Friday it has placed all investment grade rated… For more information, read our latest forex news. Read More Fitch places 6 euro zone countries on watch for downgrade, cuts Frances outlook to negative
Posted in FX News | Tagged 6, countries, cuts, downgrade, euro, fitch, for, frances, negative, on, outlook, places, to, watch, zone
The Indonesian rupiah slipped today after the Bank Indonesia decreased its main interest rate, while concerns about the European debt added to the downside pressure.(…)Read the rest of Indonesian Rupiah Falls as Central Bank Cuts Interest Rates (63 words) Posted on Forex News. Read More Indonesian Rupiah Falls as Central Bank Cuts Interest Rates
Posted in FX News | Tagged as, bank, central, cuts, falls, indonesian, interest, rates, rupiah
Brazil’s central bank cut borrowing costs by half a point for a second straight meeting, as growth in Latin America’s biggest economy slows amid Europe’s sovereign-debt crisis. Read More Brazil cuts interest rates by 05pc
Posted in FX News | Tagged 05pc, brazil, by, cuts, interest, rates
The euro erased its gains versus most major currencies today as Fitch Rating downgraded credit ratings of Italy and Spain, reminding traders that the story of debt problems in Europe is far from over.(…)Read the rest of Good Week for Euro Spoiled by Credit Rating Cuts (141 words) Posted on Forex News. Read More Good Week for Euro Spoiled by Credit Rating [...]
Posted in FX News | Tagged by, credit, cuts, euro, for, good, rating, spoiled, week
The euro erased its gains versus most major currencies today as Fitch Rating downgraded credit ratings of Italy and Spain, reminding traders that the story of debt problems in Europe is far from over.(…)Read the rest of Good Week for Euro Spoiled by Credit Rating Cuts (141 words) Posted on Forex News. Read More Good Week for Euro Spoiled by Credit Rating [...]
Posted in FX News | Tagged by, credit, cuts, euro, for, good, rating, spoiled, week
UK Chancellor of the Exchequer George Osborne rejected demands of the opposition to reconsider the spending cuts that are biggest since World War II. The Great Britain pound reacted positively to the news.(…)Read the rest of Osborne Refuses Review Spending Cuts, Boosting Pound (129 words) Posted on Forex News. Read More Osborne Refuses Review Spending Cuts, Boosting Pound
Posted in FX News | Tagged boosting, cuts, osborne, pound, refuses, review, spending
