EUR/GBP: Merkel’s Comments of a Possible Greek Decision on Monday Support the Euro
Investors initially sold the Euro after the European finance ministers failed to reach an agreement over a Greek program to trim down Greece’s debt.
Author: AlgosysFx
EUR/GBP: Euro Zone Leaders to Hold Another Meeting as they Fail to Agree on a Greek Deal
The Euro rose versus the Great British pound in yesterday’s European trading exchanges amidst lengthy discussions of the European finance leaders on how to restructure Greece’s debt.
EUR/GBP: Euro Finds Support from Greek and Fiscal Cliff Optimism
In the previous European trading session, the Euro lost to the Great British pound as the Euro Zone continues to be bombarded with worries over Greece and the US fiscal cliff.
AUD/USD: US Economic and Fiscal Cliff Worries Weigh on Sentiment
Risk off trades are presumed to strengthen the US dollar opposite the Australian dollar today as the economic effects of Superstorm Sandy became rather apparent in yesterday’s raft of economic data.
EUR/GBP: Spanish and Greek Developments Support the Euro
In the previous European trading session, the Euro gained 19 pips versus the Great British pound on speculations that Spain is close to a bailout, and Greece would receive financial aid next week when the European officials...
AUD/JPY: Australian Consumer Confidence Rises; Japan Prepares for December Election
The release of the Westpac Consumer Sentiment and Wage Price Index data resulted to the rise of the Australian dollar by 54 pips versus the Japanese yen in the previous Asian trading exchanges.
EUR/USD: Euro Remains Bearish as Economic Woes Deepen
Concerns over the Euro Zone economy are presumed to continue weighing on the Euro in today’s exchanges after a weak German business confidence data highlighted the rising pain in the region’s stronger economies.
EUR/GBP: Eurogroup Puts Off Aid for Greece; Gives More Time to Hit Austerity Targets
In yesterday’s European trading session, the Euro gained versus the Great British pound as it found little support from the Eurogroup meeting, wherein the officials decided to give more time for the indebted country to meet austerity...
EUR/GBP: Eurogoup Officials Likely to Delay Greek Aid Decision
The Euro managed to gain versus the Great British pound in the previous European trading exchanges amidst the challenges that the European region is facing.
EUR/GBP: Euro Suffers Versus Pound as the Euro Zone Economy Shows Little Improvement
In the previous European trading exchanges, the Euro lost versus the Great British pound as concerns over Greece and the US fiscal cliff weighed on risk sentiment, shoring up demand for safer assets and reducing that of...