Category Archives: News
U.S. Dollar Rises to 2½ Month Peak on Rise in Consumer Confidence
The U.S. Dollar rose to a 2½ month peak against the Euro in New York trading today, as persistent worries about sovereign debt in the Eurozone put pressure on the common currency. Continue reading
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Euro Shows Gains, but Still Plagued by Debt Issues
The EUR saw some decreases in Asia on Tuesday but most traders think the worst is ahead of us or the single currency. This comes as a result of a rescue package for Ireland failing to restore investor confidence In euro zone debt. Continue reading
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Markets Wonder if Euro May Be In Freefall
The Euro slipped near a 10-week trough in Asian trading today as investor worries mount over the Eurozone fiscal crisis. Continue reading
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Euro slips lower as focus turns to Iberian Peninsula
The common currency Euro continues its descent in the wake of investor concerns about Eurozone debt; in focus this time is whether or not the Portuguese and Spanish governments will seek financial help to resolve their respective fiscal crises. Continue reading
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Investor Concerns Shove Euro Lower Against U.S. Dollar
Investor worries about Eurozone debt problems continues to wreak havoc on the common currency Euro, which remains hovering close to a 2-month trough versus the U.S. Dollar. Continue reading
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Investor Concerns Shove Euro Lower Against U.S. Dollar
Investor worries about Eurozone debt problems continues to wreak havoc on the common currency Euro, which remains hovering close to a 2-month trough versus the U.S. Dollar. Continue reading
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Euro Continues to Struggle on Eurozone Worries
The Euro continues to struggle against the U.S. Dollar and Japanese Yen, in Asian trading today approaching a 2-month low, as investors continue to be nervous about Eurozone’s debt crisis which is in danger of escalating. Continue reading
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Euro Strikes 2-Month Low against Greenback on Irish Downgrade
The common currency Euro struck a new 2-month trough versus the U.S. Dollar in Asian trading today following the Standard & Poor’s decision to lower the long term sovereign debt rating on Ireland from AA to A; the country’s short term d… Continue reading
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Euro Faces Pressure as Irish Junior Party Balks at Rescue
The common currency Euro was under pressure in lackluster Asian trading as investor concerns grew that peripheral debt in the Eurozone will worsen, in spite of Ireland’s recent request for aid. Continue reading
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Irish Government Asks for Assistance, Boosts Euro
Markets were encouraged after the government of Ireland’s official request to the joint mission, which was specifically created to help rescue their fiscally challenged economy, and helped to boost the common currency Euro in London trading. T Continue reading
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