posted by
hinata
742 days ago
in EUR
The uncertainty in Europe sparked by the Greek debt crisis underscores the need for keeping US interest rates low for an extended period, a top Federal Reserve official said on Friday.
posted by
jerome
742 days ago
in USD, Inflation
Dollar Advances to a New Yearly High being of the cl~s who Equities Retreat, Interest Rate Forecasts Rise Though it was a comparatively quiet session, risk appetite would notably stumble and the dollar ascend gradually to new highs through Today’
posted by
jasumine
742 days ago
in USD, Inflation
A new Wall Street Journal survey of economists shows the crisis in Europe is delaying expectations for interest-rate hikes in the U.S., as reported by the Journal’s Phil Izzo.
posted by
grink
742 days ago
in Oil
Crude oil tumbled to a three-month low in New York on concern that Europe's sovereign-debt crisis will reduce global economic growth and fuel consumption.
posted by
fxlady
742 days ago
in CAD
Canada signed a free trade deal with the small Central American economy of Panama on Friday, continuing the country's trade liberalizing efforts in the hemisphere.
posted by
Leonell
742 days ago
in EUR, Metals
Industrial metals fell on Friday, dragged down by sovereign debt worries and a firm dollar, while concerns of possible fiscal tightening by number one metals consumer China added to negative sentiment.
posted by
Kenneth
742 days ago
in EUR
The euro has fallen in value to its lowest level in over a year as massive bailout packages to save Greece and the eurozone fly out of EU coffers. Despite the tough times, Merkel and ECB head Trichet stay the course.
posted by
Geron
742 days ago
in EUR, Fundamental
German Chancellor Angela Merkel said stabilizing the euro is about stabilizing “the European idea” as a failure of the currency may lead to a worse situation, Sueddeutsche Zeitung reported today, citing an interview.
posted by
Arnaud
742 days ago
in EUR, Fundamental
The euro zone crisis will hit exports and undermine recovery in central and Eastern Europe, officials said on Friday, a blow to the region that suffered the worst recession of the global financial crisis.
posted by
Evan
742 days ago
in EUR, Fundamental
German Chancellor Angela Merkel warned on Saturday in a newspaper interview that Germany faced "difficult choices" cutting spending to wrestle down the public deficit.
posted by
Louis
742 days ago
in EUR
The euro, already at a four-year low against the dollar, is likely to go lower. The bold, €750 billion rescue package and broad international collaboration should stabilize European markets and hush the talk of a breakup.
posted by
Shawn
742 days ago
in EUR
The euro sank to near a four-year low against the dollar Friday on renewed worries over the European debt crisis. The stronger dollar could spell trouble for a US economy still recovering from a deep recession.