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Euro edges up after Spain announces financial measures
- Posted by Dane66
on Fri 12/30/2011 9:59 AM
The euro edged up against the dollar on Friday after Spain announced a slew of measures to control its finances, but analysts said the single currency would stay pressured in 2012 as the region's debt crisis roils on. Spain's new government...
- 0 votes | 53 views | 0 corp postings| 0 comments
Best asset class of 2011: Treasuries
- Posted by Dane66
on Fri 12/30/2011 10:05 AM
Treasuries prices rose on Friday, consolidating their position as the best-performing asset class in 2011, while stocks and the euro were set to finish the year with losses that many investors expect to continue in 2012. Benchmark 10-year...
- 0 votes | 81 views | 0 corp postings| 0 comments
Euro drops on debt concerns
- Posted by Thornbury
on Mon 05/09/2011 8:08 AM
The dollar is rising rapidly against the euro as Europe's long-running debt crisis spooks investors. Credit rating agency Standard & Poor's cut Greece's debt further into junk status. There had been a sense in markets that the...
- 0 votes | 113 views | 0 corp postings| 0 comments
Merkel will do 'everything' to save Euro in 2012
- Posted by VanAllen
on Sun 01/01/2011 10:43 AM
German Chancellor Angela Merkel said she expects turbulence in 2012 as she does “everything” to save the euro and end Europe’s sovereign debt crisis. “The path to overcoming this won’t be without setbacks but at...
- 0 votes | 63 views | 0 corp postings| 0 comments
Euro falls to seven week low versus US dollar
- Posted by Bretton
on Sat 11/26/2011 7:14 AM
The euro fell to 7½-week low against dollar as Italian borrowing rates soared, raising fears that Europe's debt crisis is spreading to the region's larger economies. Italy had to pay an average yield of 7.814 percent in...
- 0 votes | 67 views | 0 corp postings| 1 comments
Euro dips to 16-month low on new ratings commentary
- Posted by VanAllen
on Wed 01/11/2012 8:47 AM
The euro weakened to a near 16-month low against the dollar and global stocks fell on Wednesday after Fitch Ratings warned that the European Central bank needs to do more to avert a collapse of the troubled euro-zone currency. Oil prices also...
- 0 votes | 78 views | 0 corp postings| 1 comments
Euro drops again
- Posted by Frederick
on Sun 10/18/2009 6:33 PM
The euro fell for a second day versus the dollar on concern policy makers will discuss the European currency’s recent strength when they meet today. The European currency retreated from a 14-month high before a talks by euro-area...
- 0 votes | 268 views | 0 corp postings| 2 comments
Euro falls to four year low
- Posted by MarketSmarts
on Tue 06/01/2010 5:02 AM
The euro fell to a four-year low against the dollar on concern mounting writedowns at Europe’s banks and efforts to reduce budget deficits will hamper the region’s economic recovery bloomberg reports. The longest stretch of...
- 0 votes | 178 views | 0 corp postings| 1 comments
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