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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 [...]
Dollar gains against euro, falls against pound and yen »
Dollar gains against euro, falls against pound and yen
Wed, Jan 27 2010, 18:58 GMT
by ecPulse.com analysis team
The world’s leading currency managed to gain against the Euro but fell against both the Yen and the Pound, trading at five week lows against the Yen before the FOMC rate decision whereas expectation [...]
Czech Social democrats call for euro adoption by 2014/2015 »
Fri, Jan 22 2010, 09:34 GMT
eased significantly yesterday, tracking a negative correction in all risky markets. The EUR/CZK pair bounced back above the 26.0 level despite quite an optimistic promise made by Soc-democratic leader Paroubek. He said that its party wants to lower the budget deficit so that the Czech Republic can [...]
FX: Euro sell-off continues »
Thu, Jan 21 2010, 08:19 GMT
On Wednesday, the slide in
continued and the drivers were not different from the previous sessions. The Greek budgetary problems were still the talk of the town and there was also additional fall-out on other European countries as the credit spreads of the likes (as Spain and [...]