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Euro Weakness Looking To Hold
by admin
21 May 2012 at 12:33pm
On the Forex markets this morning the Euro around was struggling to regain a foothold beyond the $1.27 area against the Dollar. Staying virtually unchanged from its level on Friday, the dollar at 1.2692 euro (+ 0,08%). A low of 1.2642 dollars was hit this morning, against a peak at 1.2708. No significant movements to report against the ye Read more ...
Euro Down Slightly After Weekend On Spain Worry
by admin
1 May 2012 at 4:41am
Yesterday the euro was down slightly compared to the U.S. dollar, 1.321 to 1.325 dollars compared to last Friday, particularly affected by the disturbing news growing on Spain. The Spanish economy has again contracted by 0.3% in real terms in the first quarter 2012 compared to the last of 2011, according to the National Statistics Institu Read more ...
Euro Stability Still A Concern On Forex Markets
by admin
24 Apr 2012 at 8:13am
Parity between the euro / dollar is now almost perfectly balanced on the currency market: at around 13:00 hours, the euro was trading at 1.3156 (- 0.01%). Slightly increased towards the yen to 106.9. Nothing to report in the forex market on the state of the euro / Swiss franc, which is stable at 1.2021. ‘We expect fu Read more ...
Euro Mixed Against All Other Majors
by admin
18 Apr 2012 at 7:53am
The single currency was losing again today, dropping below $1.31 (EUR/USD) on Wednesday afternoon, amid persistent doubts about the sovereign status of Europe. At this time, the euro yield is 0.42% against the greenback at 1.3073 dollars per euro. The IMF reviewed yesterday, downgrading its growth forecast for Spain in 2012, which shows a Read more ...
Fed Keeps Rates Low ? Euro Seems Without Trend
by admin
14 Mar 2012 at 6:40am
The single European currency remained without a major trend against the U.S. dollar in the wake of a highly anticipated meeting of the Monetary Policy Committee of the Fed, whose tone lately has been quite positive for the Dollar. The Euro dropped yesterday afternoon from 0.04% to 0 Read more ...
Bernanke comments causes sell off
by Tom
1 Mar 2012 at 4:55am
Market sentiment received a bit of a boost yesterday when the results of the ECB?s long-awaited second long-term liquidity operation (LTRO) showed strong demand for the cash from European banks. The ECB lent 800 banks ?529.5 billion, somewhat above the ?450 billion that the market had been anticipating and the ?489 billion lent to 523 fi Read more ...
Euro firm however downside risks remain
by Tom
28 Feb 2012 at 8:36am
Today the euro remains firm versus the dollar and sterling, trading in relatively tight ranges despite the announcement from ratings agency Standard & Poor?s that it is cutting Greece?s long term credit trading to selective default. Such a move was already expected and indeed factored in, though yesterday?s comments from EU Commission Read more ...
Euro upside following Greek deal
by Tom
22 Feb 2012 at 9:34am
Having retreated from near two-week highs as optimism over the long-awaited Greek bailout deal faded to be replaced by underlying concerns over growth and implementation risks, the euro has traded in a relatively tight range versus the dollar over the past 24 hours. Parliaments in three countries (Germany, the Netherlands and Finland) must now a Read more ...
Euro upside following Greek Deal
by Tom
21 Feb 2012 at 9:20am
The euro gained some ground in early morning trade briefly breaking through key resistance after eurozone finance ministers finally sealed the details of a second ?130 billion bailout package for Greece. There was also agreement on the details of Greek?s deal with private sector investors, who are now expected to take a haircut in excess of Read more ...
Euro sold as Greek Deal lingers
by Tom
16 Feb 2012 at 4:35am
The euro started yesterday with a firmer tone on the news that China would continue investing in euro debt and pledges from the Greek opposition Conservative Party to commit to tough austerity measures. This was before the latest twist in the on-going Greek debt saga saw renewed pressure on the single currency, which has fallen back to trade at Read more ...

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EU urges Greece to stay in euro, plans for possible exit
24 May 2012 at 5:37am

European Union leaders, advised by senior officials to prepare contingency plans in case Greece decides to quit the single currency, urged the country to stay the course on austerity and complete the reforms ...


Europe prepares for a possible Greek exit, WSJ reports
24 May 2012 at 5:07am

European officials are readying contingency plans if Greece leaves the euro zone, as European leaders struggled to overcome differences on how to resolve the currency bloc's crisis, reports the Wall Street ...


Commodities Rise Despite Dismal Chinese, Eurozone PMIs - Why?
24 May 2012 at 5:00am

Commodities Rise Despite Dismal Chinese, Eurozone PMIs - Why?



Euro weak near two-year lows on dire German data
24 May 2012 at 4:57am

The euro hit a near two-year low against the dollar on Thursday after dire German economic data suggested no country in the region was immune from crisis, alarming investors already fretting over the risk ...


German business confidence drops on eurozone fears
24 May 2012 at 4:16am

German business confidence dropped sharply in May, a closely-watched survey showed Thursday, as anxiety grows in Europe's largest economy over the increasing financial turmoil in the 17-country eurozone.The ...


On the Fly: Periodicals Wrap-Up
24 May 2012 at 4:10am

WALL STREET JOURNAL: European officials are readying contingency plans if Greece leaves the euro zone, as European leaders struggled to overcome differences on how to resolve the currency bloc's crisis, ...


US Data Makes USD More Attractive Safe Haven
24 May 2012 at 2:51am

There has been no shortage of volatility in the currency market over the past 12 hours. The EUR/USD fell to a fresh 22 month low of 1.2516 at the start of the European trading session but by the time North ...


Euro, Risky Assets Look to Eurozone PMI and German IFO for Direction
24 May 2012 at 1:05am

Euro, Risky Assets Look to Eurozone PMI and German IFO for Direction


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Action Line: Trip tips to keep your money safe and available - Tulsa World

15 May 2012 at 1:19am  Currency exchange: Determine the currency conversion rates of the countries you intend to visit. Find current currency rates online at XE Universal Currency Converter, at tulsaworld.com/XEUCC, or by asking your local bank. The site has ...

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8 May 2012 at 1:34am  That?s why you should be aware of www.xe ... Exchange? Stores The money exchange booths that are littered around most international airports are a huge scam. The cost far too much money to use, and thus, you?ll love even more money on your conversion.

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