FXstreet.com (Barcelona) – Netherlands has already released its debt sale figures: €2.19 billion of… For more information, read our latest forex news. FXstreet.com: Latest News
Eurozone sovereign associated risk remains the dominant theme for forex markets as trading for 2012 gets underway. After falling to a 15-month low of close to $ 1.29 versus the dollar last week, the euro has regained some composure but remains vulnerable to fresh selling against both the US and GBP. Amid increasing concerns about [...]
Euro forex trading forecast Could the euro be headed even lower in forex trading for 2012? The euro closed out 2011 with lows not seen for years. In the case of the yen, euro closed lower than it had since 2001. With concerns about the eurozone debt situation, and with worries about the global economic [...]
Eurozone closer to the brink Euro is moving much lower in forex trading on the currency market, heading down as concerns about what’s next for the eurozone worries investors and forex traders around the world. Today’s rating downgrade of Belgium by S&P has once again brought focus to the debt situation in Europe. Indeed, the [...]
Euro lower in forex trading Once again, the euro is moving lower in forex trading on the currency market. Not only are forex traders looking forward to what they expect to be two consecutive ECB rate cuts, but they are also contending with the reality of higher bond yields. Indeed, while intervention helped Italian bonds [...]
FXstreet.com (Barcelona) – European markets have opened with gains on Monday, favoured by… For more information, read our latest forex news. FXstreet.com: Latest News
Euro lower in forex trading This past weekend, G20 finance ministers met to discuss what’s next for the global economy. In particular, they discussed what could happen next with the eurozone sovereign debt crisis. One of the biggest rumors to come out of the summit is that Greek debt is likely to be restructured. On [...]
Eurozone looks for hope for sovereign debt containment The euro could still see more gains in forex trading on the currency market in the future. Even though Slovakia voted no on the bailout fund expansion meant to help limit the spread of sovereign debt worries, there are hopes that a second vote will be more [...]
FXstreet.com (Barcelona) – European stock markets have begun the week with gains on hopes about the… For more information, read our latest forex news. FXstreet.com: Latest News
After an attempted rebound yesterday on talk of a statement from Germany and France on the Greek debt crisis, the euro came under renewed selling pressure late in the day and overnight. A teleconference between all three is now reported to be taking place later today but markets are holding out little hope that this [...]
FXstreet.com (Córdoba) – The Euro faced increasing selling pressure along the last 2 days after the… For more information, read our latest forex news. FXstreet.com: Latest News
The Euro was hit yesterday with widespread selling pressure after ECB president Jean Claude Trichet announced a change in stance over current monetary policy. Interests rates in the Eurozone currently sit at 1.5% due to previous concerns over inflation risks. Despite inflation sitting above 2% and the ECB’s mandate to maintain price stability and control [...]
A weak round of data from the US and Europe yesterday has hit market sentiment, with July’
Risk aversion sets in Concerns about the financial situation in the U.S. are still a big part of global markets, including the currency market. Today, U.S. markets ended lower (although averting a steeper drop), and risk aversion around the world was basically non-existent by the end of the Asian session. The euro is lower in [...]
Forex traders look for safe havens Risk aversion is the name of the game today in forex trading. Forex traders are looking for ways to find safe haven, and that means that the U.S. dollar is inching higher — in spite of worries surrounding the debt ceiling debate. There still appears to be no compromise [...]
U.S. dollar a little higher today in forex trading There is some speculation that a U.S. credit downgrade is inevitable — even if a debt default is avoided. Concerns about how credit ratings agencies are likely to react to what’s next for the U.S. debt ceiling are weighing on markets. However, the worries about the [...]
U.S. dollar down across the board in forex trading The International Monetary Fund is encouraging U.S. politicians to overcome their differences and agree on a plan to raise the debt ceiling. However, pleas from the IMF are unlikely to do much in terms of changing things in the U.S. One of the biggest issues revolves [...]
Euro down in forex trading The euro continues to struggle in forex trading on the currency market as Moody’s downgrades Greek debt to the lowest rating. Greece’s credit rating has taken a rather large hit, and the shockwaves are being felt throughout the euro zone. Euro is lower as forex traders flee risk and look [...]
FXstreet.com (Barcelona) – The latest developments on the US debt ceiling talks, where the impasse… For more information, read our latest forex news. FXstreet.com: Latest News
The massive earthquake in northeast Japan earlier this year has led to additional government spending, pushing the country’s public debt to higher levels. The world’s third largest economy needs to consolidate its fiscal position over the medium term, says the IMF in its regular assessment. IMF Survey Magazine