Euro Holds Gains as Greek Doubts Linger
February 11, 2012 by admin
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Following Thursday’s announcement that Greece has finally agreed to the necessary reforms which will allow it to proceed with a second bailout loan, the Euro continues to tenuously cling to recent gains. Source:
Greek Bailout Remains Unsigned
February 10, 2012 by admin
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After seven difficult hours of negotiations on Thursday, Greek leaders were unable to find a compromise through which they could sign a new bailout and austerity program to save the struggling nation. Source:
Greek Deal Optimism Buoys Euro
February 9, 2012 by admin
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The Euro continues to hold close to a 2-month peak with investors hopeful that the Greek government will finally agree to the conditional measures necessary to obtain the second bailout loan which would prevent a disorderly default. Source:
Greek Decision Weighs on Euro
February 7, 2012 by admin
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The Euro continues to be under pressure in Asian trade as the Greek government considers new terms and conditions to the second bailout loan, even as the deadline for their agreement looms. Source:
Euro Gains Pinned to Greek Hopes
February 1, 2012 by admin
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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
October 5, 2011 by admin
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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
October 4, 2011 by admin
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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
September 16, 2011 by admin
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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
July 23, 2011 by admin
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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
July 3, 2011 by admin
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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 [...]