Yearly Archives: 2012

The Euro’s typical volatility was clearly in evidence as investors put any lingering relief over Sunday’s Greek pro-bailout vote to rest and focused instead on Spain, where a debt auction of 10-year benchmark bonds saw yields rise to 7.3%. Continue reading →

Relieved investors helped to give the common currency a boost which briefly struck a 1-month peak against the greenback following the election outcome in Greece which supports the Euro. Continue reading →

The Euro edged higher in Asian trading as investors have pinned their hopes on central banks to contain potential repercussions that could arise from the outcome of Sunday’s Greek election. Continue reading →

Following a short-lived rally, the Euro’s gains have been capped as investors await an Italian sovereign debt auction which will be held later today; there is a growing concern among investors that the third largest economy in the Eurozone may need some external support. Continue reading →

The Euro moved lower but remained range-bound during the Asian trading session, as investors hold their positions ahead of the upcoming Italian sovereign debt sale and this weekend’s critical Greek vote, the latter of which will likely shape the Eurozone’s future. Continue reading →