Yearly Archives: 2012
Markets Focus on EU Response to Crisis
The Euro refuses to budge too far from the recently struck 4-month low, and is finding it difficult to break through technical resistance. Continue reading
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Uncertainty Prevails to Pressure Euro
The Euro managed to hold onto another day of gains despite the G8’s somewhat tepid assurances to continue to work towards a resolution for the Eurozone sovereign debt crisis. Continue reading
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Uncertainty Prevails to Pressure Euro
The Euro managed to hold onto another day of gains despite the G8’s somewhat tepid assurances to continue to work towards a resolution for the Eurozone sovereign debt crisis. Continue reading
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Euro Declines as Contagion Fears Rise
The Euro continues to decline on rising contagion fears and growing worries that Greece will be compelled to exit the Eurozone. Continue reading
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Euro Declines as Contagion Fears Rise
The Euro continues to decline on rising contagion fears and growing worries that Greece will be compelled to exit the Eurozone. Continue reading
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Euro and Aussie Feel the Pressure
Though the Euro clawed higher, it remains vulnerable as fears of a Greek exit grow on the backs of news that some Greek banks are experiencing a funding crisis. Continue reading
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Euro and Aussie Feel the Pressure
Though the Euro clawed higher, it remains vulnerable as fears of a Greek exit grow on the backs of news that some Greek banks are experiencing a funding crisis. Continue reading
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Greek Mess Sends Euro to 4 Month Low
In Asian trading, the Euro wallowed near to a 4-month low versus the U.S. Dollar, but traders expect a continued downtrend following the stalemate in Greek politics which will usher in a new election, certainly, but moreover, the increasing risk of a G… Continue reading
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Greek Mess Sends Euro to 4 Month Low
In Asian trading, the Euro wallowed near to a 4-month low versus the U.S. Dollar, but traders expect a continued downtrend following the stalemate in Greek politics which will usher in a new election, certainly, but moreover, the increasing risk of a G… Continue reading
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Muddled Greek Politics Pressures Euro
Traders are growing increasingly worried that the political impasse staged by the ruling parties in Greece will ultimately lead to the country’s pull out from the Eurozone which is pushing the common currency lower in Asian trading. Continue reading
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