Category Archives: News

The Euro managed to hold onto another day of gains despite the G8’s somewhat tepid assurances to continue to work towards a resolution for the Eurozone sovereign debt crisis. Continue reading →

The Euro continues to decline on rising contagion fears and growing worries that Greece will be compelled to exit the Eurozone. Continue reading →

Though the Euro clawed higher, it remains vulnerable as fears of a Greek exit grow on the backs of news that some Greek banks are experiencing a funding crisis. Continue reading →

In Asian trading, the Euro wallowed near to a 4-month low versus the U.S. Dollar, but traders expect a continued downtrend following the stalemate in Greek politics which will usher in a new election, certainly, but moreover, the increasing risk of a G… Continue reading →

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 →

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 →

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 →

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 →

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 →

The Euro remains under pressure in the wake of Eurozone elections but analysts say that short covering could provide some support. Continue reading →