Yearly Archives: 2012

Even as Greek worries take a backstage, investor concerns over Spain’s banking system are keeping the Euro close to a 2-year low versus the U.S. Dollar, as yields at the most recent Spanish debt auction rose to near 6.5% for 10-year benchmark debt, edging closer to the 7.0% threshold which analysts consider unsustainable over the long term. Continue reading →

A recently conducted poll in Greece is giving rise to new found hope that the country may as yet pull off a miracle and agree on the austerity measures which will allow them to stay in the Eurozone. Continue reading →

The Euro continues to be stuck close to a 2-year low against the U.S. Dollar as investors consider yesterday’s German manufacturing data which suggests that not even the Eurozone’s economic powerhouse can escape the debt crisis’ tendrils. Continue reading →

With E.U. leadership offering no more of a solid outcome than a little positive affirmation that Greece should work towards staying in the Eurozone, the pressure on the common currency continues to mount. Continue reading →

During the Asian trading session, the common currency Euro continued its slide edging near to a 21-month trough as worries over a disorderly Greek exit escalate. Continue reading →