Trading Point FOREX-Euro hits 21-month low vs dollar before EU summitReuters* Euro hits 21-month low vs dollar before EU summit * Dollar index hits highest since Sept 2010 * But potential for short-covering rebound in euro LONDON, May 23 (Reuters) – The euro hit a 21-month low against the dollar on Wednesday ahead of an [...]
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Trading Point FOREX-Euro nears 21-month low on Greek worries; Aussie fallsReuters* Euro, Aussie suffer on renewed Greek exit fears * USD shines as equities, risk currencies retreat * Dollar index hits 20-month high, highest since Sept 2010 * Aussie dollar hits 6-month low, kiwi hits 5-mth trough * Dollar/yen dips after BOJ holds …WORLD FOREX: [...]
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Trading Point FOREX-Euro tumbles on Greek exit fearsReuters* Former Greek PM: exit risk unlikely to materialize but real * EU summit may not yield meaningful outcome * Yen falls as Fitch downgrades Japan ratings By Wanfeng Zhou NEW YORK, May 22 (Reuters) – The euro slumped 1 percent against the US dollar on …WORLD FOREX: [...]
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Trading Point FOREX-Euro slides vs dollar as EU summit hopes waneReuters* EU summit may not yield meaningful outcome – analysts * Germany says euro bonds do not offer solution * Traders still wary of short squeeze in euro * Yen falls as Fitch downgrades Japan ratings By Gertrude Chavez-Dreyfuss NEW YORK, May 22 (Reuters) …WORLD [...]
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Trading Point FOREX-Euro falls as hopes dim of EU summit progressReuters* Euro falls as little progress expected at EU summit * Yen falls as Fitch downgrades Japan ratings * Germany says euro bonds do not offer solution * But traders still wary of short squeeze potential in euro By Jessica Mortimer LONDON, May 22 (Reuters) [...]
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FOREX-Euro steadies vs dlr as focus shifts to EU summitReuters* Euro rebound slows as profit-taking eases * Traders still wary of short squeeze potential * Growth/austerity debate expected at EU summit By Nia Williams LONDON, May 22 (Reuters) – The euro steadied against the dollar on Tuesday as its rebound from a …Markets Are Cautious [...]
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Trading Point FOREX-Euro rebound stalls, focus shifts to EU summitReuters* Fails to break above Ichimoku tenkan line * Short-covering may lead market ahead of Wednesday's informal summit * Joint bonds a game changer, though chances seen slim * Concerns about Spain, Greece keep euro under pressure * Dlr/yen may head lower if …WORLD FOREX: Hopes [...]
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Trading Point FOREX-Euro rebound stalls, focus shifts to EU summitReuters* Fails to break above Ichimoku tenkan line * Short-covering may lead market ahead of Wednesday's informal summit * Joint bonds a game changer, though chances seen slim * Concerns about Spain, Greece keep euro under pressure * Dlr/yen may head lower if …WORLD FOREX: Hopes [...]
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Trading Point FOREX-Euro rebound stalls, focus shifts to EU summitReuters* Fails to break above Ichimoku tenkan line * Short-covering may lead market ahead of Wednesday's informal summit * Markets will be looking for change of policy stance in euro zone * Concerns about Spain, Greece keep euro under pressure * Dlr/yen may …WORLD FOREX: Hopes [...]
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Trading Point FOREX-Euro rebounds vs dollar ahead of EU meetingReuters* Euro off four-month low, helped by short-covering * Speculators' euro short positions hit record high * Investors await EU summit on Wednesday By Wanfeng Zhou NEW YORK, May 21 (Reuters) – The euro edged higher against the US dollar on Monday as …WORLD FOREX: Hopes [...]
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