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Euro Continues to Struggle in Forex Trading
March 9, 2010[Story ID: 1378]
Currency trading with the euro
The euro continues to struggling in forex trading on the currency market, with a number of concerns weighing. The 16-nation currency is still dealing with the debt problems in Southern Europe — especially Greece. With the public protesting over austerity measures, and EU nations trying to figure out what [...] -
Euro Drops in Forex Trading Against the U.S. Dollar
March 5, 2010[Story ID: 1272]
Euro struggles in currency trading
The euro is struggling in forex trading as events continue to keep the 16-nation currency weak. Indeed, the euro is down in currency trading on the FX market while the pound actually makes headway against the U.S. dollar — something that hasn’t happened for quite some time.
Euro is struggling [...] -
ECB Keeps Rates Unchanged at 1%
March 4, 2010[Story ID: 1231]
Euro gets boost, but then falls back in forex trading
The European Central Bank has kept its benchmark rate steady at 1%. This is unsurprising, given the fact that the ECB cannot afford to raise interest rates in wake of the Greek crisis.
Indeed, even though Greece has decided to implement austerity measures to help [...] -
Euro Continues to Struggle in Currency Trading
March 2, 2010[Story ID: 1139]
Euro forex trading forecast
The euro continues to struggle in currency trading on the FX market, with concerns over the Greek situation manifest. In earlier trading, the euro took a dive. It has recovered to a certain extent, but still has difficulty taking the upper hand against the U.S. dollar.
GFT’s Boris Schlossberg offers this [...] -
Speculators Pile Up Against Euro
March 1, 2010[Story ID: 1054]
The Wall Street Journal’s coverage of the Greek dent crisis has focused less on the crisis itself, and more on the markets’ reaction to it. With headlines like “Hedge Funds Try ‘Career Trade’ Against Euro” and “Speculators Bet Record Amount Against Euro For 4th Week” and “Europe Trouble, U.S. Opportunity” – among others [...] -
Euro Falls in Forex Trading
February 25, 2010[Story ID: 997]
Currency trading with the euro
The euro is falling in forex trading as Europe frets about the situation in Greece. Moody’s warned that Greece faces another downgrade to its sovereign debt rating if austerity measures aren’t adopted. On the other side, the Greek government is getting a great deal of pressure from its own [...] -
U.S. Dollar Forex Trading Forecast: Euro Rally Not a Threat?
February 22, 2010[Story ID: 867]
Currency trading with the greenback
The euro is posting gains again in forex trading today. Last week, the euro saw a bit of a rally as it corrected the fact that it has been oversold.
However, even though the euro is heading higher in forex trading right now, it is important to note that the [...] -
Is 1.3500 Inevitable for the Euro?
February 18, 2010[Story ID: 761]
Euro forex trading forecast
Right now, the euro is seeing some success in forex trading on the currency market, gaining against the U.S. dollar as jobless claims disappoint. However, there is speculation that the euro can only hold on for so long, and that 1.3500 is only a matter of time.
GFT’s Boris Schlossberg explains [...] -
Euro Down in Forex Trading Today
February 10, 2010[Story ID: 496]
Caution remains the story in currency trading
Even though equities have been doing well in Europe today, the euro has not been following suit in forex trading. Instead, the euro is lower, weakening against the U.S. dollar as uncertainty over Greece remains.
Indeed, even though rumors that a Greek rescue can be hammered out with [...]