For the sake of peripheral nations, Mrs Merkel has to stop paying lip-service to monetary union. Read More Germany must choose EMU fusion or fission
Posted in FX News | Tagged choose, emu, fission, fusion, germany, must, or
The eurozone’s debt crisis is once again in danger of spiralling out of control after yields on Portuguese debt spiked to a post-EMU high and contagion hit Spain and Belgium. Read More EMU debt crisis edges ever closer to the core
Posted in FX News | Tagged closer, core, crisis, debt, edges, emu, ever, the, to
The cost of default insurance on eurozone bonds has surged to an all-time high on reports that Greece is preparing the way for a sovereign debt restructuring after 2013, with tacit support from the EU authorities. Read More Record spike in EMU default risk on Portugal downgrade and Greek restructuring scare
Posted in FX News | Tagged and, default, downgrade, emu, greek, in, on, portugal, record, restructuring, risk, scare, spike
On Thursday, the ECB Council is holding its regular monthly meeting. We expect the ECB to leave policy rates unchanged. Market participants will probably focus on the assessment of economic risks. On the one hand, euro area growth in Q2 is likely to have been strong, and leading indicators give Read More EMU Economic Indicators [...]
Posted in FX News | Tagged economic, emu, indicators, preview
<!–TITOL: Forex: EUR/GBP hits intra-day high at 0.8980 after EMU CPIFITITOL–>FXstreet.com (Barcelona) ? The Euro’s recovery from Friday’s low at 0.8905 has continued today’s session with the pair breaking above MA55 and Ma200 60 minutes chart at 0.8960/65 zone and hits 0.8980 as intra-day high. Currently the pair is trading around 0.8960/70, 0.45% above today’s [...]
Posted in FX News | Tagged 08980, after, at, cpi, emu, eurgbp, forex, high, hits, intraday
