FOREXLEARNING

Greece to face inspectors, Merkel hints at bailout »

By Michael Winfrey and Ingrid Melander
ATHENS | Wed Sep 28, 2011 8:48am EDT

ATHENS (Reuters) – Greece’s lenders are sending a team to Athens to inspect a government austerity plan they want implemented in exchange for aid, while Germany suggested a new bailout may have to be [...]

Papandreou says to save Greece, stay in euro »

By Harry Papachristou
THESSALONIKI, Greece | Sun Sep 11, 2011 1:07am EDT

THESSALONIKI, Greece (Reuters) – Greek Prime Minister George Papandreou said on Saturday he would do whatever it takes to rescue his country from bankruptcy and stay in the euro zone, as doubts in Europe grew over [...]

Report: Germany has proposed a plan to protect banks in case Greece defaults. »

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]

CNBC painting the bleak picture for Greece »

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]

Greece says will stay the course, despite GDP slump »

By Harry Papachristou
THESSALONIKI, Greece | Sat Sep 10, 2011 10:28am EDT

THESSALONIKI, Greece (Reuters) – Debt-laden Greece’s government vowed on Saturday to stay the course of austerity, sending a message to its increasingly frustrated lenders it will do everything it takes to avoid a bankruptcy that would [...]

G7 and Greece make weekend risk high… »

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]

EURUSD downward after Greece turns junk, ZEW survey on tap »

Market Brief
The USDJPY traded at 91.65 after it weakened to 92.12, the lowest level since June 4 as speculation the worldwide economic recovery is intact damped demand for the safety of JPY. The NZDJPY was close to a four-week high before reports today may show Empire manufacturing expanded at a faster pace to 20 (prev. [...]

Germany sees private sector helping Greece »

ATHENS (Reuters) – European banks will contribute to a multi-billion euro Greek bailout, Germany said on Friday, as talks to secure European Union and IMF aid to Athens in return for draconian budget cuts edged toward a deal.

Germany

The European Commission said negotiations on the loan package should be wrapped up by Saturday, and a spokesman [...]

CE currencies rebound as pressure on Greece eases »

Headlines
Currencies: CE currencies rebound as pressure on Greece eases

Czech Republic
The Czech koruna firmed slightly as pressure on Greece (and Portugal) eased finally yesterday. The mildly positive price action for the koruna was primarily a result of foreign events, rather than the fact that the Czech MinFin upgraded its forecast for the growth of the Czech [...]

Greece readies austerity measures, markets steady »

ATHENS (Reuters) – Greece readied severe austerity measures Thursday to secure a multi-billion euro aid package needed to avoid default, providing relief to financial markets but drawing threats of a mighty battle from Greek unions.

A union official said the International Monetary Fund had asked debt-ladden Greece to raise sales taxes, scrap salary bonuses amounting to [...]