Yearly Archives: 2012
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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Risky Currencies Fall on Greek Worries
Greece’s political leaders failed again to find some common ground and form a coalition government to move the country forward, with the likely outcome first another election within the next few weeks and later a possible withdrawal from the Eurozone. Continue reading
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Risky Currencies Fall on Greek Worries
Greece’s political leaders failed again to find some common ground and form a coalition government to move the country forward, with the likely outcome first another election within the next few weeks and later a possible withdrawal from the Eurozone. Continue reading
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Traders Risk Off Sentiment Picks Up
The Euro struck a 3½ month low against the U.S. Dollar in Asian trade as news of $2 billion over the past six weeks in trading losses by JP Morgan caused some market jitters and risk aversion. Continue reading
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Traders Risk Off Sentiment Picks Up
The Euro struck a 3½ month low against the U.S. Dollar in Asian trade as news of $2 billion over the past six weeks in trading losses by JP Morgan caused some market jitters and risk aversion. Continue reading
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Euro Broadly Weaker on Greek Worries
The Euro continues to hold close to a multi-months low versus the U.S. Dollar held there by Greece’s political deadlock. Continue reading
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Euro Broadly Weaker on Greek Worries
The Euro continues to hold close to a multi-months low versus the U.S. Dollar held there by Greece’s political deadlock. Continue reading
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High Risk Currencies Feel the Pressure
The Euro strayed near to a recently struck 3-month low during the Asian trading session as investors worry that political uncertainty in the Eurozone may jeopardize plans to tackle the debt crisis there. Continue reading
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High Risk Currencies Feel the Pressure
The Euro strayed near to a recently struck 3-month low during the Asian trading session as investors worry that political uncertainty in the Eurozone may jeopardize plans to tackle the debt crisis there. Continue reading
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EUR Pressured by Political Uncertainty
The Euro remains under pressure in the wake of Eurozone elections but analysts say that short covering could provide some support. Continue reading
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