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Forex News

Euro Wallows as Investors Despair | 25 May 2012 9:21 AM GMT

The Euro continues to be stuck close to a 2-year low against the U.S. Dollar as investors consider yesterday's German manufacturing data which suggests that not even the Eurozone's economic powerhouse can escape the debt crisis' tendrils.

Pressure High, Euro Retreat Continues | 24 May 2012 9:22 AM GMT

With E.U. leadership offering no more of a solid outcome than a little positive affirmation that Greece should work towards staying in the Eurozone, the pressure on the common currency continues to mount.

Papademos’ Comments Send Euro Lower | 23 May 2012 9:43 AM GMT

During the Asian trading session, the common currency Euro continued its slide edging near to a 21-month trough as worries over a disorderly Greek exit escalate.

Markets Focus on EU Response to Crisis | 22 May 2012 9:20 AM GMT

The Euro refuses to budge too far from the recently struck 4-month low, and is finding it difficult to break through technical resistance.

Uncertainty Prevails to Pressure Euro | 21 May 2012 9:20 AM GMT

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.

Euro Declines as Contagion Fears Rise | 18 May 2012 9:34 AM GMT

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

Euro and Aussie Feel the Pressure | 17 May 2012 9:48 AM GMT

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.

Greek Mess Sends Euro to 4 Month Low | 16 May 2012 9:31 AM GMT

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 Greek exit from the Eurozone.

Muddled Greek Politics Pressures Euro | 15 May 2012 9:29 AM GMT

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.

Risky Currencies Fall on Greek Worries | 14 May 2012 10:37 AM GMT

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.


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