The interest rate on the new bonds has been the main stumbling block in the negotiations, with the IMF, Germany and other euro zone countries insisting it must be low enough to ensure that Greece’s debt will be back on a more sustainable track by 2020. 30 Vote(s) Read More Creditors could accept lower coupon [...]
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Greece faded from the spotlight for a little while, but the erstwhile country is back on center stage as debt talks once again look to be on the verge of collapse. As a result of uncertainty in Greece, and due to other issues in the eurozone, it is little surprise that the euro’s recent rally has lost momentum. (…)Read the rest of Euro Lower as Greece Causes Trouble — Again (139 words) Posted on [...]
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The International Monetary Fund and Germany are pushing Greece’s private creditors to accept lower yields on the new bonds Athens will issue after a planned debt restructuring, people familiar with the talks said, potentially delaying a new emerg 42 Vote(s) Read More IMF, Germany Push For Lower Yield In Greek Debt Deal
Posted in FX News | Tagged deal, debt, for, germany, greek, imf, in, lower, push, yield
Risk appetite is making an appearance as investors show optimism through higher stocks. As a result, the US dollar is mostly lower against other majors today. Greenback is lower against the euro, pound and yen today. (…)Read the rest of US Dollar Mostly Lower as Risk Appetite Makes an Appearance (146 words) Posted on Forex News. Read More US Dollar Mostly Lower [...]
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The Great Britain pound went down today after trade balance deficit widened retail price inflation slowed. The sterling also weakened on speculation that the Bank of England will add stimulus.(…)Read the rest of Pound Lower on Trade Balance & Monetary Easing Speculation (59 words) Posted on Forex News. Read More Pound Lower on Trade Balance dan Monetary Easing Speculation
Posted in FX News | Tagged balance, easing, lower, monetary, on, pound, speculation, trade
Yesterday, UK pound gained solidly against the euro, but today some of those gains are being given back. UK pound is lower on a combination of risk aversion, as well as concerns as British politicians consider the effects of British isolation from the rest of the eurozone. (…)Read the rest of UK Pound Lower as Concern about Isolation Grows (154 words) Posted on Forex News. Read More UK [...]
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The Chinese yuan was weaker today after the nation’s central bank cut the daily reference rate on concerns that the continuing European crisis would hurt growth prospects.(…)Read the rest of Yuan Drops as Central Bank Sets Reference Rate Lower (61 words) Posted on Forex News. Read More Yuan Drops as Central Bank Sets Reference Rate Lower
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US dollar is almost universally lower today, thanks to a small amount of optimism as the year draws to a close. However, even though the greenback is lower on the day, the currency looks to post an annual gain against the euro. (…)Read the rest of US Dollar Lower Today, But Looks to Post Annual Gain (127 words) Posted on Forex News. Read More US Dollar Lower Today, But [...]
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As the AUD/USD remains capped by the 23.6 percent Fibonacci retracement from the 2010 low to the 2011 high around 1.0370-1.0400, the short-term rebound in the exchange rate should taper off in the days ahead, and we expect the aussie-dollar to carve … 28 Vote(s) Read More USD Rebound On Tap, Aussie To Carve Lower [...]
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FXstreet.com (California) – The Japanese yen has regained all of Wednesday?s losses to the… For more information, read our latest forex news. Read More Forex USD JPY lower, next support at 7770
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