Fears that the sovereign debt issues will spread to other weak economies such as Spain and Portugal as well as concerns that the bailout package will not be enough to return Greece to solvency caused the EUR...
EUR/USD Open 1.2814 High 1.2995 Low 1.2795 Close 1.2790The Euro continued depreciating on Wednesday. Euro/Dollar decreased from 1.2995 to 1.2795 yesterday, in line with the Interbank sentiment projection, at around -1%, closing the day at 1.2790.
Market Review – 05/05/2010 21:31GMT Euro plunges to a 14-month low as fears of Greek debt contagion dominate The single currency fell sharply across the board on Wednesday on fear that a euro-zone debt crisis might spread...
GBP/USD Open 1.5127 High 1.5264 Low 1.5092 Close 1.5141Pound/Dollar continued depreciating on Tuesday, in converse with the positive Interbank sentiment at around +2%. The Cable depreciated yesterday from 1.5264 to 1.5092, closing the day at 1.5141.
Past events: • USD Pending Home Sales m/m out at 5.3%, versus expected 3.9%, prior 8.3%• USD Factory Orders m/m out at 1.2%, versus expected 0.0%, prior 1.3%• GBP Manufacturing PMI out at 58.0, versus expected 57.5,...
Analysts point out the apparent doubts investors have over the ability of the Greek bailout to perform its task well enough to actually prevent the country from falling into default. Since financial and employment woes seem to...
EUR/USD Open 1.2967 High 1.3214 Low 1.2937 Close 1.2985The Euro continued depreciating on Tuesday. Euro/Dollar decreased from 1.3214 to 1.2963 yesterday, in line with the Interbank sentiment projection, at around -8%, closing the day at 1.2985. On...
Market Review – 04/05/2010 21:32GMT Euro falls to a fresh one-year low against dollar on Greek debt contagion fear The single currency remained under pressure throughout Tuesday on concerns about Greek debt problems and fears of possible...
USD/JPY Open 94.68 High 94.98 Low 93.73 Close 94.52Dollar appreciated insignificantly against the Yen on Monday, in converse with the Interbank sentiment at nearly -17%. Yesterday the currency couple increased from 93.73 to 94.78, closing the day...
GBP/USD Open 1.5248 High 1.5334 Low 1.5210 Close 1.5243Pound/Dollar made a rising effort on Monday, which was limited at 1.5334, from where the currency couple started declining, in line with the Interbank sentiment, at around -14%. The...
