All Entries Tagged With: "EUR"
Forex Currencies Update: AUD, Euro and JPY
The recent forex market frenzy of Euro selling has slowed down somewhat amidst the G7 talks on Greece making a somewhat hesitant recovery against the U.S. dollar to a EUR/USD rate of 1.3693. The Aussie on the other hand has made a quick recover on the back of a major Australian coal deal and has [...]
Forex News: Unemployment, the Euro and Oil
Oil prices fell here on Friday the 5th of February as concerns regarding the Euro and its future and also rising inventories in most developed countries has caused a 5% fall in the price of U.S. crude. Other than rising concerns in the forex trading market about the Euro, further downward pressure acted on the [...]
Euro Forex hits a half year low
The Euro, the currency now in use by most countries inducted into the European Union, went south (to Greece) in the foreign exchange after concerns regarding Greece’s ability to keep within its fiscal budget arose. Despite the Greek government’s promise to cut the budget gap (between the GDP and government spending) from over 12% to [...]