Market Review – 15/06/2011 21:33 GMT The greenback rallies across the board on renewed Greek debt contagion fear The greenback rose sharply against its major counterparts on safe-haven demand due to Greek default worries.
Market Review – 14/06/2011 21:35 GMT The single currency rises on improved risk appetite Euro resumed previous session’s gain on Tuesday and rose to as high as 1.4498 in New York afternoon in part due to improved...
Market Review – 09/06/2011 21:34 GMT Euro falls after ECB dampened expectations for further rate rise and renewed Greek debt uncertainty The single currency tumbled against the greenback on Thursday after European Central Bank lowered inflation forecast...
Market Review – 08/06/2011 21:36 GMT The single currency falls on fears over global growth Euro fell on Wednesday due to recent weak U.S. economic data and weaker-than-expected German economic data, dampening investors’ demand for risky assets.
Market Review – 07/06/2011 21:30 GMT Euro rises on comments from Chinese FX official, Obama, Merkel and Bernanke The single currency resumed recent upmove and rallied on Tuesday after comments from Chinese FX official who warned of...
Market Review – 06/06/2011 21:26 GMT Euro weakens on Monday as second Greek bailout was uncertain The single currency weakened on Monday after a German Finance Ministry spokesman said ‘not certain whether there will be second bailout...
Market Review – 02/06/2011 21:20 GMT Euro touches one-month high on Moody’s warning on U.S. The single currency rallied in New York session on Thursday as Credit rating agency Moody’s said ‘if no progress on increasing the...
Market Review – 01/06/2011 21:24 GMT Euro falls sharply after Moody’s downgrade on Greece and a 2.2% drop in the Dow The single currency fell from four-week high of 1.4459 and tumbled to as low as 1.4321...
Market Review – 31/05/2011 19:41 GMT The single currency rises as Greece may avoid debt restructuring The single currency rose to a three-week high of 1.4424 on Tuesday after news report that Germany was considering dropping its...
Market Review – 30/05/2011 19:43 GMT The single currency eases on Monday due to worries over next IMF/EU aid payment for Greece Euro traded with a soft bias in thin market condition on Monday due to holiday...