FXstreet.com (Córdoba) – On Friday, Fitch Ratings concluded its review of the six euro zone… For more information, read our latest forex news. FXstreet.com: Latest News
Euro higher in forex trading Euro is being helped today in forex trading on the currency market, thanks to bond auctions. Spain and France both held auctions, and both were considered successes. Major European bond yields declined after the auctions, which saw healthy demand. Indeed, the French bonds even saw yield declines. (Spanish yields were [...]
Spain’s economy has stabilized this past year, with a modest recovery―amounting to 1.6 percent of GDP―projected to take hold in 2012. But as recent developments in the markets have made clear, Spain is not out of the danger zone yet, and the government will need to persevere with reforms. IMF Survey Magazine
The euro has further reversed recent gains versus the dollar and sterling, while also falling back against the yen and Swiss franc as eurozone sovereign debt issues once again undermine sentiment. Markets reacted negatively to the overnight announcement from Moody’s that it was placing Spain’s AA2 sovereign rating on review for a possible do Read [...]
FXstreet.com (California) – EUR/USD is still vulnerable to the downside as more Moody’s-inspired… For more information, read our latest forex news. FXstreet.com: Latest News
European debt issues arise again The euro is heading lower in forex trading on the currency market as Spain is back in the spotlight. After adopting austerity measures, and inspiring some hope in world markets, Spain is again the subject of concern. There are worries that perhaps Spain (and maybe Portugal) may not be able [...]