The US dollar extended its losses against most major currencies, including the euro, the Great Britain pound and the Swiss franc, for the third day as positive mood of Forex traders made them prefer currencies with higher yield. 34 Vote(s) Read More US Dollar Drops on ProfitTaking
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The euro slipped today after today’s report confirmed that the eurozone economy declined last quarter, bolstering the risk aversion sentiment on the Forex market.(…)Read the rest of Euro Drops as Eurozone Economy Shrinks (75 words) Posted on Forex News. Read More Euro Drops as Eurozone Economy Shrinks
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This past weekend, the G-20 meeting in Mexico City seemed to have a common refrain: The eurozone needs to get its act together. Concerns about the eurozone were top of the list at the meeting, with delegates asking questions about the way the entire sovereign debt crisis has been handled. With the world’s uncertainty about the eurozone on display, the euro is much lower today against its major counterparts. (…)Read the rest [...]
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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 [...]
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Once again, a decision about a Greek debt deal has been delayed. As a result, markets are jittery and the euro is dropping. Indeed, at one point the euro fell to three-week lows on the news that eurozone leaders are unable to reach a decision about how to handle Greece. (…)Read the rest of Euro Drops on Greek Debt Deal Delay (148 words) Posted on Forex News. Read More [...]
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The Canadian dollar dropped today against the greenback and the Japanese yen, but rose versus the euro, as Greece won’t receive rescue until nation’s leaders would accept deeper budget cuts demanded by other members of the European Union.(…)Read the rest of CAD Drops as Greek Story Takes Troublesome Turn (116 words) Posted on Forex News. Read More CAD Drops as Greek Story Takes Troublesome [...]
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FXstreet.com (Barcelona) – After having one on Tuesday, the Greek labor unions have scheduled a 48… For more information, read our latest forex news. Read More Forex EUR USD drops on new Greek strike
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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 [...]
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FXstreet.com (Barcelona) – The pair is quoting at 1.3188 at the time of writing after having hit… For more information, read our latest forex news. Read More Forex EUR USD drops below 13200
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As the UK struggles with reduced growth, the Bank of England is now going as far as to say that further quantitative easing measures are “likely.” Read More UK GDP Drops more than Expected BoE Members Say Further QE danquotLikelydanquot
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