The common currency Euro fell to an almost 12-week low versus the Pound Sterling in London trading today, spurred on by the Euro’s softness vis-à-vis the continuing debt problems in Greece.
The EUR declined Thursday afternoon following data that showed Greece's budget deficit was significantly worse than originally assumed. This also raised concerns that the Greek crisis crisis might very well affect additional euro zone countries.
This Forex news piece discusses the recent Goldman Sachs scandal as well as its effects on Forex.
The Japanese Yen fell versus major currencies in Asian trading today as investors sought instead higher risk
This Forex news piece discusses the latest financial crisis of Goldman Sachs being accused of fraud and how it affects Forex.
This Forex news piece discusses the various major currency pairs of the Forex market.
Economic data shows that Chinese growth in the 1st quarter of 2010 was at 11.9%.
Improved earnings from U.S. technology leader, Intel, whetted risk appetite in Asian trading, helping both the Australian Dollar and the common currency Euro to rise versus the safe haven currencies.
With investor worries about the Greek debt problem reignited, the Japanese Yen rose versus the single currency Euro.
The Forex market continues to feel the affects of Greece's financial crisis, this time, the rescue plan affecting the market.
The Euro drifted sideways versus most major currencies following the news of a nearly €45 billion Greek bailout plan offered by Euro-zone nations yesterday.
The Japanese Yen slipped versus the U.S. Dollar and common currency Euro in Asian trading today.
Continuing worries about the rescue efforts for debt-burdened Greece helped to push the common currency Euro to a new 2-week low versus the U.S. Dollar in Asian trading today.
A Forex news piece about the JPY, AUD, USD, and the Greek situation.
the U.S. Dollar and common currency Euro were pushed higher versus the Japanese Yen as importers from Japan bought those currencies heavily to settle their accounts.