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- Brazil’s Real Down as Traders Await End of Greek Troubles
- UK Pound Gains against a Weakened Euro
- Japanese Yen Gets a Boost on Greece
- Euro Drops as Talks Between Greece & Creditors Near to Conclusion
Brazil’s Real Down as Traders Await End of Greek Troubles Posted: 06 Feb 2012 08:27 AM PST The Brazilian real dropped today as uncertainty about an outcome of the discussion about reduction of Greek debt made traders sell riskier currencies and stick to safer assets.(...) |
UK Pound Gains against a Weakened Euro Posted: 06 Feb 2012 08:18 AM PST UK pound is gaining against a weaker euro today, heading higher as worries about Greek debt resume. Greek talks have been suspended for a short time, even though Greek PM Lucas Papademos said that some progress had been made recently. The pound, though, is down against the US dollar as risk aversion sets in. (...) |
Japanese Yen Gets a Boost on Greece Posted: 06 Feb 2012 06:53 AM PST Japanese yen is heading higher today as concerns about Greece once again take center stage. While Greek Prime Minister Lucas Papademos insisted that some progress was made over the weekend, he also pointed out that there are still some conditions left. The unresolved situation is adding to the uncertainty that is prompting risk aversion today. (...) |
Euro Drops as Talks Between Greece & Creditors Near to Conclusion Posted: 06 Feb 2012 02:59 AM PST The euro declined today before results of talks between Greece and its creditors will be revealed. Traders are nervous as the outcome of the discussions is uncertain and they thought that keeping the euro is too risky.(...) |
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