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Forex News

Euro Holds Gains as Greek Doubts Linger | 10 February 2012 9:42 AM GMT

Following Thursday’s announcement that Greece has finally agreed to the necessary reforms which will allow it to proceed with a second bailout loan, the Euro continues to tenuously cling to recent gains.

Greek Bailout Remains Unsigned | 09 February 2012 9:34 AM GMT

After seven difficult hours of negotiations on Thursday, Greek leaders were unable to find a compromise through which they could sign a new bailout and austerity program to save the struggling nation.

Greek Deal Optimism Buoys Euro | 08 February 2012 9:36 AM GMT

The Euro continues to hold close to a 2-month peak with investors hopeful that the Greek government will finally agree to the conditional measures necessary to obtain the second bailout loan which would prevent a disorderly default.

Euro Softens, Aussie Firms | 07 February 2012 9:56 AM GMT

The Euro continues to be pressured by events in Greece as politicians there postpone what is a critical decision on the second bailout offering that will affect the country’s economic future.

Greek Decision Weighs on Euro | 06 February 2012 10:42 AM GMT

The Euro continues to be under pressure in Asian trade as the Greek government considers new terms and conditions to the second bailout loan, even as the deadline for their agreement looms.

High-Risk Currencies Slip on China News | 03 February 2012 9:22 AM GMT

In Asian trade, commodity-linked currencies fell on news that China’s non-manufacturing PMI slipped to 52.9 last month from December’s reading of 56.0 .

Euro Bounces from Global PMIs | 02 February 2012 8:20 AM GMT

The Euro moved higher against the U.S. Dollar as risk appetite improved following a run of better than expected global PMI data.

USD Dips on Yen as Euro Slips Hard | 01 February 2012 9:12 AM GMT

The U.S. Dollar continues to be under significant pressure following last week’s commitment by the Federal Reserve Bank to hold interest rates at their current ultra low level through 2014.

Euro Gains Pinned to Greek Hopes | 31 January 2012 8:37 AM GMT

The Euro appears to be approaching a key test level as news that the Greek government is close to clinching a deal with its private bondholders helped to boost the common currency.