The euro profited today after Greece announced several measures to tighten its massive budget deficit, allowing the confidence towards the Eurozone and making the euro to rank among the best performers in currency markets today.(…)
Read the rest of Is The Greek Crisis Coming to an End? (63 words)
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The euro started another week losing versus its main rivals as traders’ confidence towards investments in the region continued to fall, considering that no concrete solution was proposed to end the fiscal crisis affecting several countries using the single currency.(…)
Read the rest of Euro Suffered Again on PIGS Budget Crisis, U.S. Optimism (161 words)
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The Polish currency fell versus most of the main currencies from outside the European Union as the emerging budget problems in the region and an economic slow down among its trading partners decreased appetite for assets in the country.(…)
Read the rest of Polish Zloty Down on European Confidence Decline (64 words)
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by admin | February 17, 2010 | In CAD/JPY, Canada, Crue Oil, EU, Forex Latest News, Greece, IMF, USDCAD, canadian dollar, commodities, stocks
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The Canadian currency benefited from a risk driven session today after commodities and stocks climbed considerably on renewed market confidence since concerns regarding Greece’s budget deficit cooled down in Europe, decreasing risk aversion globally.(…)
Read the rest of Crude Oil, European Confidence Push Loonie Up (148 words)
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The euro ended another week losing versus most of the 16 main trading currencies as a concrete rescue plan for several Eurozone members budget crisis hasn’t been proposed by government officials, bringing pessimism and declining confidence among traders to invest in the region.(…)
Read the rest of Euro Continues Bearish on Fiscal Crisis (132 words)
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The yen started this Thursday losing versus the main South Pacific currencies as reports in the region brought risk appetite high in foreign-exchange markets, after confidence that the economic pace will accelerate in Australia and the New Zealand.
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Read the rest of Yen Declines on South Pacific Positive Reports (71 words)
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The euro’s advance initiated by hopes that the EU would help Greece to end its fiscal crisis ended today after speculations that the topic will not be brought in the bloc’s summit tomorrow, declining confidence among traders that the Greek budget deficit’s pessimistic scenario is close to an end.(…)
Read the rest of Greek Tragedy Pulls Euro Down Again (144 words)
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The yen dropped started this Wednesday dropping versus most of the 16 main trading currencies as renewed risk appetite declined attractiveness for the Japanese currency, known for its safety profile that traders tend to abandon as market sentiment improves.(…)
Read the rest of Yen Drops as Riskier Assets Gain on Confidence (70 words)
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The Canadian dollar started February gaining after posting several consecutive losses in the last days of January as risk aversion dominated markets globally, but renewed confidence on the economic recovery allowed markets that influence Canada’s currency to gain considerably this Monday.(…)
Read the rest of Canadian Dollar Advances on Commodities Rebound (75 words)
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After losing versus most of the main traded currencies during last week’s session, the euro rebounded today as stocks surged globally, renewing confidence for higher-yielding currencies, and forcing the greenback down versus the European single currency for the first time in 5 days.(…)
Read the rest of Euro Rebounds on Stocks Performance (124 words)
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