Euro turmoil continues as Greece fails to form government
Euro fell for the straight 2nd session this week as it is becoming clear that Greece may be heading towards another election as in the current circumstances the political leaders have failed to reach a...
View ArticleEuro little changed as Spain Debt’s Costs Increase
Euro was little changed trading at $1.2712 as of 13:40 in New York. The 17-Nation Currency earlier made a session low of $1.2666 on the news that the Spain Debt’s costs increased and selling pressure...
View ArticleUK Pound Tumbles to near 2-Month low
The UK Pound fell on Thursday as on European political concerns and on the fragility of the Spanish banking sector. The UK Pound was also bearish as the Bank of England had cut growth forecasts for the...
View ArticleForex Trading News Reveals that Euro pares early gains; near 22-Months low
Forex Trading News can be very useful as it is the basis of fundamental analysis. Earlier today in the European Trade session, the Euro managed to make some gains against the Green back on the comments...
View ArticleEuro snaps 2 days rally on Spain concerns
The 17-Nation bloc currency fell after making two days of straight gains on the comments of Spanish Budget minister that Spain is finding a difficulty in accessing the capital markets. Euro paired its...
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Dollar falls against major counterparts on FED easing speculation
Today, US Dollar fell against almost all of its major counterparts on speculation that the Federal Reserve would intervene in order to support the faltering economy. Today’s bad numbers regarding...
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