Category Archives: News

The Euro continues to be under pressure in Asian trading, following yesterday’s rise in bond yields at the Italian and Spanish debt auctions, evidence which highlights the challenges that the Eurozone faces even as it tries to reassure investors that the debt crisis is containable. Continue reading →

With investors hopeful that the new Italian government, under Mario Monti, can push through the necessary reforms that will take the economy forward, the common currency Euro as well as commodity-linked currencies, gained some ground in Asian trading t… Continue reading →

the common currency managed to inch higher and hold there above the 1-month low, but traders remain skeptical that any bounce is sustainable as uncertainty over the Italian government’s ability to enact necessary reforms prevails. Continue reading →

Following a huge sell off in the world’s equity markets, precipitated by the widening yield spread in Italian sovereign debt, the common currency Euro slipped near to 1-month low against the U.S. Dollar. Continue reading →

Following news out of Italy late yesterday that Silvio Berlusconi would resign his position at the conclusion of the next parliamentary vote on budgetary reforms, the Euro was given some short lived respite from the relentless pressure. Continue reading →

The Swiss Franc remains under some pressure following interventionist comments made by the Swiss National Bank. Continue reading →

As the trading week begins, the Euro continues to move lower against the U.S. Dollar following the markets’ response to Greek Prime Minister George Papandreous’ pledge to resign and allow the formation of a new coalition government. Continue reading →

The Euro is under heavy pressure in Asian trading today, meeting resistance following a rebound triggered by Greece’s latest move. Continue reading →

The Euro has slipped further back and near to a 3-week slow in Asian trading today, as worries over the planned Greek referendum escalate. Continue reading →

Yesterday’s shocking announcement in Greece pushed the Euro to a 3-week low versus the U.S. Dollar, and most analysts believe that the single currency could slide further ahead of the Eurozone’s G-20 meeting. Continue reading →