Greece — News Archive

Euro Higher After Volatile Trading

Things have been a bit volatile for the euro today. An ECB decision to stop accepting Greek bonds as collateral is rocking the region. However, even so, the euro has recovered and moved higher, even though at one point in the session it looked as though the 19-nation currency would slip below the 1.13 mark against the dollar.

Greek Finance Minister Talks About Debt Swaps, Euro Rallies

The euro was trading broadly higher against other most-trading currencies today as concerns about the situation in Greece eased after the Greek government talked about a way it is going to handle its international debt.

Euro Holds Its Own After PMI Data

Euro is holding its own against major counterparts right now, following the latest PMI data. The 19-country currency region showed some improvement in factory activity, and the euro is managing to gain ground today, even as worries about Greece continue to draw headlines.

Euro Regains Upper Hand in Currency Trading

Euro is getting some help in forex trading today, heading higher against its major counterparts in something of a correction. However, it’s uncertain how long the current good news will last.

QE Speculation Weighs on Euro

Euro is once again struggling, thanks in large part to speculation that policymakers are moving toward full scale quantitative easing. The announcement could come later this month, and many Forex traders are anticipating it.

Euro Continues to Drop on Future Expectations

Euro continues its downward slide against major currencies as future expectations weigh on the 19-nation currency. Concerns about the economy are paramount, and many expect the ECB to announce another round of easing at its next meeting.

Euro Continues to Struggle

Euro continues to struggle today, although it is off recent lows. Concerns about the eurozone, as well as continued low oil prices are weighing on the 19-nation currency region.

Dollar Gains on Euro for Third Session

The US dollar rallied yesterday and continued to gain on the euro today, reaching a new multi-year high. The greenback also was strong against the Great Britain pound but slipped versus the Japanese yen.

Stocks, Greek Elections Don’t Bring Euro Down

Euro is a little bit rattled today, but not enough to be seeing losses to its major counterparts yet. Between lower stocks across the eurozone, and concerns about the outcome of Greek elections, many expected the 18-nation currency to be doing worse today.

Euro regains ground, but not for long

Euro is gaining a little ground today, heading higher thanks to some improved data, and better risk appetite. However, the euro’s new found gains are likely to be short lived, since the 18-nation currency remains on shaky ground.

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