Japanese Yen Drops on Excitement over Greek Debt Deal Posted: 09 Feb 2012 08:22 AM PST Japanese yen is dropping today as Forex traders become excited over the Greek debt deal. Yen is falling as risk appetite rises and low beta currencies find themselves out of favor. This is good news for Japanese leaders, who prefer to see a weak yen. (...) Read the rest of Japanese Yen Drops on Excitement over Greek Debt Deal (146 words) Posted on Forex News. |
ECB Monetary Decision & Greek Agreement Lift Euro Posted: 09 Feb 2012 07:48 AM PST The euro rose today after the European Central Bank maintained its interest rates and Greek leaders managed to reach an accord regarding austerity measures that are required to get a next round of rescue.(...) Read the rest of ECB Monetary Decision & Greek Agreement Lift Euro (101 words)
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US Dollar Drops as Risk Appetite Returns on Greek Deal Posted: 09 Feb 2012 07:17 AM PST US dollar index is lower today, heading down on risk appetite. A Greek debt deal is helping the situation, and Forex traders and investors in various financial markets are feeling better about taking a few more risks in order to invest in higher yielding assets. (...) Read the rest of US Dollar Drops as Risk Appetite Returns on Greek Deal (149 words) Posted on Forex News. |
Pound Keeps Gains After BoE Boosts Asset Purchases Posted: 09 Feb 2012 06:25 AM PST The Great Britain pound gained today and remained strong after the Bank of England kept its main interest rate unchanged and boosted the asset purchase program as the UK economy continued to weaken.(...) Read the rest of Pound Keeps Gains After BoE Boosts Asset Purchases (66 words)
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Euro Falls as Greek Politicians Disagree on Austerity Posted: 08 Feb 2012 05:40 PM PST The euro fell against the US dollar and slipped versus the Japanese yen before rebounding as Greek politicians were unable to reach an agreement about austerity measures required to secure a next portion of bailout.(...) Read the rest of Euro Falls as Greek Politicians Disagree on Austerity (103 words)
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Canadian Dollar Fluctuates on Diversified Opinions About Greece Posted: 08 Feb 2012 01:53 PM PST The Canadian dollar fell against the US dollar and the euro, but gained versus the Japanese yen as growing optimism about an outcome of the talks about Greek debt has started to slowly disappear from the Forex market, but hasn’t gone completely yet.(...) Read the rest of Canadian Dollar Fluctuates on Diversified Opinions About Greece (101 words)
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