Top stories:UK growth, Eurozone, Vodafone and the MPC’s QE vote. Read More Interactive Business Bullet UK GDP, Eurozone, Vodafone and the MPCs QE vote
Posted in FX News | Tagged and, bullet, business, eurozone, gdp, interactive, mpcs, qe, the, uk, vodafone, vote
The euro fluctuated today as the mounting pressure for Italian Prime Minister Silvio Berlusconi added Italy to the list of countries investors should be worried about. In fact, Italy was on that list, together with Portugal, Ireland, Spain and Greece, and traders were just reminded that the problems of the European Union aren’t limited only to Greece.(…)Read the rest of Euro Under Pressure on Berlusconi Vote (121 words) Posted on [...]
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A budget vote in Italy has markets waiting for what’s next — and expecting something positive. As a result of this cautious optimism, the US dollar is lower in Forex trading. With support for Italian PM Silvio Berlusconi all but gone (even from allies), it is little surprise that the markets are expecting something reasonably positive. (…)Read the rest of US Dollar Lower as Markets Await [...]
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By Malcolm Morrison, The Canadian Press | November 08, 2011 A Canadian dollar, left, and a Euro is seen next to a series of US dollars Wednesday, January 26, 2011 in Montreal. THE CANADIAN PRESS/Paul Chiasson TORONTO – The Canadian dollar was lower … 27 Vote(s) Read More Loonie lower, confidence vote reinforces worries over [...]
Posted in FX News | Tagged confidence, crisis, debt, italys, loonie, lower, over, own, reinforces, vote, worries
The FX markets closed the trading week out with significant volatility thanks to event risk in the Greece Confidence Vote, US NFPs and Canadian employment data. Read More Euro Will React to Greek Vote but Traders Looking to Larger Risks
Posted in FX News | Tagged but, euro, greek, larger, looking, react, risks, to, traders, vote, will
The Euro tumbled sharply against the safe-haven US Dollar amidst a clear deterioration in domestic fiscal issues, underlined by the widest spreads between Italian and German bonds since the Euro Era and fresh troubles in Greece. Read More Euro Survives Greek Confidence Vote dan150 Whatdan146s Next
Posted in FX News | Tagged 150, confidence, euro, greek, next, survives, vote, what146s
USD rebounding after yesterday’s sell-off. The Dollar Index looks to have found support around the daily Kijun line. USD is stronger against all of the G10 today except the JPY as markets scale back risk appetite ahead of today’s Slovakia vote. Sentiment was further weighed as Trichet warned that the Read More Markets Scale Back [...]
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The US dollar fell after the Greek lawmakers supported the proposition of Prime Minister George Papandreou about budget cuts and asset sales, reducing nervousness on markets and erasing attractiveness of the US currency as a safe haven.(…)Read the rest of US Dollar Loses After Greek Vote (98 words) Posted on Forex News. Read More US Dollar Loses After Greek Vote
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Crude oil, gold and silver are likely to rise as the US Dollar succumbs to fading safe-haven demand ahead of the widely expected passage of a Greek budget plan. Read More Crude Oil and Gold to Extend Gains on Greece Budget Vote
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The worst fears investors may have harbored ahead of the weekend failed to materialize on Monday although there remains a bid to bonds keeping yields low. There is a sense among investors that even if the Greek Parliament manages to pass the €78 billion fiscal austerity package midweek, European leaders Read More Fears Remain Elevated [...]
Posted in FX News | Tagged ahead, austerity, elevated, fears, greek, of, remain, vote