The euro rose today on the signs of the increasing confidence in the Euro-zone economy, supported by the outlook for the fast-paced economic recovery, despite the threat of the budget deficit spreading beyond Greece that plagues Europe.
April 29th, 2010 at 11:55
April 28th, 2010 at 20:04
The Canadian dollar advanced today against its U.S. counterpart and some other major currencies after the U.S. stocks rose more than estimated and as the investors demand for the currencies of the nations with the strong economies increased.
April 28th, 2010 at 16:30
The euro rebounded today from its lowest level in a year, which it reached yesterday, on the reviving hopes that Greece will receive the joint EU-IMF rescue package soon as Germany may be persuaded to participate in the aid.
April 27th, 2010 at 20:20
The euro toppled against the U.S. dollar and Japanese yen on speculation that Greece will be unable to repay its debt as the decision about the bailout was delayed, giving rise to the concern that the Greece’s budget crisis will harm the borrowing ability of European indebted nations.
The Japanese yen gained today against most other majors as the demand for the safer currencies increased amid rising concerns that the aid, offered by the European Union government, wouldn’t be able to resolve the Greece’s budget deficit crisis.
April 26th, 2010 at 23:37
The Canadian dollar trades near parity with its U.S. counterpart as the traders await the outcome of the 45 billion euro aid package, provided by the European Union and the International Monetary Fund to Greece.
April 26th, 2010 at 16:49
The Mexican peso advanced today on the outlook that the demand for the higher-yielding assets will increase after the talks about the aid package for Greece will be concluded.
April 23rd, 2010 at 14:16
The euro rebounded against the U.S. dollar after Greece announced that it’s going to activate the rescue package, provided by the European Union and the International Monetary Fund, to deal with the nation’s budget shortage and pay its debts.
April 22nd, 2010 at 18:07
The euro sank today to almost the lowest level in a year against the U.S. dollar as the possibility that Greece will be forced to activate the rescue package increased after the announcement that the Greece’s deficit the last year was higher than previously estimated.
April 21st, 2010 at 17:59
The euro continues its decline on concern that the rescue package, provided to Greece by the European Union government and which is valued as much as 45 billion euro, won’t be enough to deal with the nation’s debt.