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Euro at two-month low against dollar

posted by david 544 days ago in USD, EUR, Fundamental made popular 544 days ago

The European shared currency fell against the dollar as Ireland's bailout plan failed to ease investor's fear regarding the debt issues in Europe.

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Copper up as China, Ireland put pressure on dollar

posted by david 555 days ago in USD, Fundamental, Metals made popular 555 days ago

As long as China keeps buying, the copper rally will continue.

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Australian Dollar Stalls Above Support After RBA Minutes

posted by david 557 days ago in AUD, Fundamental, Inflation made popular 557 days ago

The Australian Dollar is little changed after the RBA released the minutes to its November 2nd meeting. As the central bank explained when it raised interest rates earlier this month, “the balance of risks had shifted to the point where a modest

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Euro rises vs dollar

posted by david 620 days ago in USD, EUR, Fundamental made popular 620 days ago

The 16-nation euro is up slightly against the U.S. dollar, adding to gains from the day before following new global banking regulations.

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Loonie slips on worries over Europe, weak commodities

posted by david 743 days ago in EUR, CAD made popular 743 days ago

The Canadian dollar fell to its lowest level of the week against the U.S. dollar Friday as festering worries that eurozone austerity measures could hamper economic recovery spoiled the appetite for riskier assets.

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Would Rescuing Greece Make Matters Worse?

posted by david 779 days ago in EUR, Fundamental

Attempts to rescue Greece are simply making matters worse and the quicker the crisis comes, the better for the world.

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NZ dollar drops after IMF says it is overvalued

posted by david 787 days ago in NZD, Fundamental made popular 787 days ago

The New Zealand dollar dropped after the International Monetary Fund (IMF) said it was over valued by between 10 and 25 percent.

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Euro Rally Falters

posted by david 788 days ago in USD, EUR, Fundamental made popular 788 days ago

U.S. Dollar Trading (USD) gained against its two biggest pairs in the Euro and Yen as Greece concerns resurfaced and rumors of a French ratings downgrade hurt the Dollar alternatives. March Consumer Confidence improved to 52.5 vs. 46.4 previously

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Greece to Sell Nearly $7 Billion in Bonds

posted by david 789 days ago in EUR, Fundamental made popular 789 days ago

Greece is looking to issue as much as 5 billion euro ($6.7 billion) in seven-year bonds. The announcement Monday came just days after the European Union and International Monetary Fund arrived at an agreement on how to backstop the country's fina

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Dollar Heads for Biggest Quarterly Gain Vs Euro Since 2008

posted by david 792 days ago in USD, EUR, Fundamental made popular 792 days ago

The dollar rose, poised for the biggest quarterly gain versus the euro since 2008, as European leaders’ struggle to forge a plan to bail out Greece pushed investors toward the perceived safety of the greenback.

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Euro Leaders Tussle Over Greek Aid as ECB Warns on IMF Role

posted by david 794 days ago in EUR, Fundamental

European Union leaders quarreled over possible financial aid for Greece, with a central banker saying that Germany’s plea for an International Monetary Fund role would undermine confidence in the euro.

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Car shoppers head south amid soaring loonie

posted by david 799 days ago in CAD, Employment

The strengthening loonie appears to be prompting bargain-hungry Canadians to cross the border in the hunt for cash-saving deals on American vehicles.

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