Euro Gains Pinned to Greek Hopes

The Euro appears to be approaching a key test level as news that the Greek government is close to clinching a deal with its private bondholders helped to boost the common currency. Source:

Euro under Pressure as Finance Ministers Delay Greek Payment

The Euro slipped close to a 9-month low against the U.S. Dollar as new-found fear grips investors worried that Greece is imminently about to default on its sovereign debt. Source: DailyForex News

International Bailout Questioned After Greek Announcement

Despite strict austerity measures, it has now been confirmed that Greece will miss its deficit target this year. This announcement caused stock markets to plummet further, on the heels of last week’s deplorable end to Q3, which saw the biggest quarterly losses since 2008. Source: DailyForex News

Greek Default Worries Still Persist, Weighing Down Euro

In spite of reassurances from Germany’s Angela Merkel and France’s Nicolas Sarkozy that the troubled Greek nation would remain a Eurozone member, the common currency is under pressure in Asia. Source: DailyForex News

Euro Rally Continues on Greek Debt Deal

Following yesterday’s announcement by E.U. policymakers that a deal to bailout Greek debt has been worked out, the Euro continues to hold on to its gains against the U.S. Dollar. Source: DailyForex News

Investors Encouraged Even As Greek Austerity Protests Begin

A single day ahead of a legislative vote in the Greek parliament, which if approved will pave the way for the 5th bailout payment from the E.U./IMF special purpose mission, protestors by the thousands are amassing on the streets of Athens, according to a recent Reuters report. Thus begins a 2-day strike, organized by Greek [...]

Greek Vote Passage Pushes Euro Higher, But Uncertainty Still a Factor

Yesterday’s passage of new austerity measures through the Greek Parliament helped to push the Euro to a 3-week high against the U.S. dollar. That leaves one last hurdle for the Greek government to jump, namely today’s implementation vote. Source: DailyForex News

Euro Lower Ahead on Greek Default Worries

In Asian trading, the Euro earlier edged higher yet stalled just short of chart resistance as market players take a wait-and-see stance on Greece’s upcoming Parliamentary vote for additional austerity measures. Source: DailyForex News

Euro under Pressure as Greek Parliament Votes for More Austerity Measures

As investors seek out the safe haven of the Swiss Franc and the U.S. Dollar, the common currency Euro fell in Asian trading today, holding close to a record low versus the Swiss currency. Source: DailyForex News

Greek Vote of Confidence Gives Euro a Lift

The Greek government managed to survive a confidence vote in Parliament, helping send the Euro briefly higher. A round of profit taking afterward brought the common currency back down but it has since rebounded slightly, trading at 1.4415, up 0.1% at 2:41 p.m. (JST) in Tokyo. Earlier in the trading session, the, Euro struck a [...]

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