Category Archives: News

The Euro slipped close to a 9-month low against the U.S. Dollar as new-found fear grips investors worried that Greece is imminently about to default on its sovereign debt. Continue reading →

Despite strict austerity measures, it has now been confirmed that Greece will miss its deficit target this year. This announcement caused stock markets to plummet further, on the heels of last week’s deplorable end to Q3, which saw the biggest qu… Continue reading →

The Euro fell past an 8-month low against the U.S. Dollar in Asian trading today, again, as in the past due primarily to the absence of a credible response to the European debt crisis. Continue reading →

The Japanese Yen gained broadly in Asian trading today as exporters from Japan sold off their holdings in the U.S. Dollar and the common currency Euro to settle their accounts for the month’s end. Continue reading →

Unsurprisingly, given the Eurozone’s various crises over the past several months, the common currency is on track to record its worst quarter in better than a year.
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The Euro continues to cling to recent gains against the U.S. Dollar, holding steady above the 8-month trough struck earlier in the week. Continue reading →

The common currency crawled back from an 8-month low against the U.S. Dollar on short-covering by investors following the news that the Eurozone’s key policymakers are considering efforts to shore up the European Financial Stability Facility. Continue reading →

Disappointment in what they already perceive as an insufficient response to the Eurozone crisis, in the Asian trading session, investors have pushed the Euro close to an 8-month low against the U.S. Dollar. Continue reading →

Profit takers are helping to push the common currency higher against the U.S. Dollar following the Euro’s 8-month low struck in the previous trading session. Continue reading →

It’s the move everyone’s been talking about – yesterday’s Federal Reserve announcement that it will reduce borrowing costs in order to hasten economic growth. Equally newsworthy is the downgrade by Moody’s of 3 top US bank… Continue reading →