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The euro gained in the Asian session »
Mon, Mar 8 2010, 06:16 GMT
Major currencies starting trading this week gaining against the dollar extending its correctional move started by the end of last week. The USDIX that tracks the dollar’s strength against a basket of major currencies fell in today’s Asian session to record a low of 80.13 and a [...]
Euro Assault Softens- Yen Retreats »
Sun, Feb 28 2010, 23:16 GMT
2/26/2010 07:35 am: EUR/$..1.3580 $/JPY..89.18 GBP/$..1.5202 $/CHF..1.0774 AUD/$..0.8890 $/CAD..1.0584
Asian and European markets were firmer mid-trading day in London in spite of a weaker close in US equity markets yesterday. The Dow Industrials fell more than 180 points early in the session before a late afternoon rally [...]
Greece downgrade fears hurt euro, stocks (Reuters) »
LONDON (Reuters) –
World stocks, the euro and commodities fell on Thursday on concerns over a potential downgrade of Greece's debt, while borrowing costs for peripheral euro zone countries rose.
firmed.
's BBB-plus rating by one or two notches within a month, citing downside risks to growth that could hinder the country's deficit-cutting plan.
said Greece [...]
Oil steady above $74 as euro hovers near nine-month lows »
Oil was steady on Tuesday, trading near $74 in New York, as concerns over Greece’s sovereign debt kept the euro close to nine-month lows against the dollar.
At a meeting in Brussels on Monday, euro zone finance ministers urged Greece to announce more deficit-control steps by mid-March if needed, without saying anything new of last [...]
Stocks, euro rise; Greek worries persist »
Stocks, euro rise; Greek worries persist
European shares gained on Tuesday after UK bank Barclays beat profit forecasts, and the euro rose against the dollar as European finance ministers put more pressure on Greece to resolve its fiscal problems.
Greek borrowing costs, however, rose.
Oil and metal prices advanced, supported by a weaker U.S. currency, [...]
Majors consolidating ahead of the euro zone’s GDP »
Fri, Feb 12 2010, 07:02 GMT
by ecPulse.com analysis team
The euro and the pound are consolidating against the green currency ahead of the euro zone’s GDP that is on queue today with forecasts saying economic growth slowed in the fourth quarter of last year. The USDIX slightly gained in today’s Asian session [...]
Stocks, euro firmer ahead of EU Greek debate (Reuters) »
at a summit in Brussels.
are expected to take the lead in sending a message that the EU will help Greece tackle its debt and deficit problems. But the structure, size and any conditions attached to a deal may not be worked out until next week.
Concerns over the debt crisis in Greece and other [...]
The Euro has hit its lowest levels since July 2009 »
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Gold tests key support as Euro hit 6-month low »
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Germany unemployment rises while confidence improves in euro zone »
Thu, Jan 28 2010, 10:48 GMT
by ecPulse.com analysis team
After the progress madefrom most of the sectors in the euro zone, boosted confidence levels, while attention is now directed towards the employment sector thatwhich was heavily brutalized by the economic recession that had ravaged economies around the world.
We clearly continue to [...]