Yearly Archives: 2012
Euro Softens, Aussie Firms
The Euro continues to be pressured by events in Greece as politicians there postpone what is a critical decision on the second bailout offering that will affect the country’s economic future. Continue reading
Greek Decision Weighs on Euro
The Euro continues to be under pressure in Asian trade as the Greek government considers new terms and conditions to the second bailout loan, even as the deadline for their agreement looms. Continue reading
Greek Decision Weighs on Euro
The Euro continues to be under pressure in Asian trade as the Greek government considers new terms and conditions to the second bailout loan, even as the deadline for their agreement looms. Continue reading
High-Risk Currencies Slip on China News
In Asian trade, commodity-linked currencies fell on news that China’s non-manufacturing PMI slipped to 52.9 last month from December’s reading of 56.0 . Continue reading
High-Risk Currencies Slip on China News
In Asian trade, commodity-linked currencies fell on news that China’s non-manufacturing PMI slipped to 52.9 last month from December’s reading of 56.0 . Continue reading
Euro Bounces from Global PMIs
The Euro moved higher against the U.S. Dollar as risk appetite improved following a run of better than expected global PMI data. Continue reading
Euro Bounces from Global PMIs
The Euro moved higher against the U.S. Dollar as risk appetite improved following a run of better than expected global PMI data. Continue reading
USD Dips on Yen as Euro Slips Hard
The U.S. Dollar continues to be under significant pressure following last week’s commitment by the Federal Reserve Bank to hold interest rates at their current ultra low level through 2014. Continue reading
USD Dips on Yen as Euro Slips Hard
The U.S. Dollar continues to be under significant pressure following last week’s commitment by the Federal Reserve Bank to hold interest rates at their current ultra low level through 2014. Continue reading
Euro Gains Pinned to Greek Hopes
The Euro appears to be approaching a key test level as news that the Greek government is close to clinching a deal with its private bondholders helped to boost the common currency. Continue reading
