The euro crisis is entering its final stages. Economic pain is now interacting with political resistance to produce intense financial pressure. I expect Greece to leave the euro – and perhaps very soon. Read More The final death throes of the euro
Posted in FX News | Tagged death, euro, final, of, the, throes
The Euro broke decisively lower against the US Dollar as disappointments in Greek elections and broader Euro Zone difficulties proved enough to force a major shift across financial markets. It was initially a feeling of déjà vu as the EURUSD dropped sharply into the first week of May—just as it had done in April only [...]
Posted in FX News | Tagged a, bigger, breakdown, euro, much, of, start, the, tumbles
Read More British Pound BOE Inflation Report, Euro Zone Debt Crisis in Focus
Posted in FX News | Tagged boe, british, crisis, debt, euro, focus, in, inflation, pound, report, zone
The US Dollar and Japanese Yen are aiming higher in European trade, extending Asian-session gains as Eurozone crisis fears continue to dent risk appetite. Read More Dollar, Yen Aiming Higher as Euro Crisis Fears Dent Risk Appetite
Posted in FX News | Tagged aiming, appetite, as, crisis, dent, dollar, euro, fears, higher, risk, yen
Although the outlook for the Euro does not look good at this point, we would highlight that the market still has been unable to put in a daily close below 1.3000… Read More Euro Under Pressure But Still Waiting for Daily Close Below 13000
Posted in FX News | Tagged 13000, below, but, close, daily, euro, for, pressure, still, under, waiting
Poor trade figures from March coupled with increased demand for cash has sunk the Australian Dollar amid a flight to the safe havens. As the Japanese Yen and the US Dollar have rallied, the Euro is also under pressure following some divisive comments from the Greek Syriza party leader. Read More RiskAversion in Full Swing [...]
Posted in FX News | Tagged as, aussie, euro, full, in, japanese, outperforms, riskaversion, swing, yen
Overnight equities finished the trading session mixed as investors ignored the continuing problems in Europe after the Greek and French elections. The Dow Index posted its fourth consecutive decline overnight, slipping 29 points to close at 13,008 while the S&P 500 gained 0.48 points to finish at 1,369. Earlier in Read More Euro Rallies Off [...]
Posted in FX News | Tagged after, elections, euro, european, lows, month, off, rallies, three
The Great Britain pound gained against the euro today as Forex traders were nervous before the election in Greece and France this week. The currency fell against the US dollar despite the negative fundamental data from the United States.(…)Read the rest of Pound Gains vs. Euro Ahead of Elections in France & Greece (77 words) Posted on Forex News. Read More Pound Gains vs Euro [...]
Posted in FX News | Tagged ahead, elections, euro, france, gains, greece, in, of, pound, vs
The euro was falling today as elections in European countries this weekend and the next week add to uncertainty regarding the ability of the eurozone to withstand its financial crisis.(…)Read the rest of Euro Drops Ahead of Elections on Weekend (162 words) Posted on Forex News. Read More Euro Drops Ahead of Elections on Weekend
Posted in FX News | Tagged ahead, drops, elections, euro, of, on, weekend
Euro is slipping right now, following the latest data that promotes the idea that global economic uncertainty remains. Concerns about the eurozone economy are affecting the euro, but the 17-nation currency was showing resilience — until the latest economic news out of the United States. Earlier risk appetite due to cautious optimism is transforming in to risk aversion, and the euro is giving up its earlier gains against [...]
Posted in FX News | Tagged and, economic, euro, on, slips, uncertainty, worries
