Category Archives: eurozone

17.02.12

Euro Rises on Optimism Greek deal Will be Reached

The euro strengthened versus the dollar and pound on optimism European officials will agree to provide Greece with funding for a second bailout package. The 17-nation currency rose to a two-month high versus the yen after Italian Prime Minister Mario … Continue reading

Categories: currency market, eurozone.

09.02.12

Its a deal, its a steal, its the sale of the Greek Economy!

An agreement has finally been reached on the Greek debt deal which has sent the single currency higher across the board.

31.01.12

Sterling Hits 8 Day High Versus Euro

The pound struck an eight day high against the euro this afternoon as the glow which was shining brightly over the eurozone area has already began to disappear. Optimism the eurozone agreement yesterday is fast wavering and the agreement remains … Continue reading

12.12.11

Sterling Hits 10 Month High Versus The Euro

The pound has performed well in today’s morning trading session and has now put on over a cent versus the single currency. The euro has not come out of the EU summit looking too clever, which took place at the … Continue reading

Categories: eurozone, forex, fx, sterling.

29.11.11

‘Fenton Fenton’ We Reveal Chancellor Sensation!

Austerity chasing ‘Osborne’ was seen today herding as much savings and tightening of the money belt as possible in his Autumn Forecast Statement revealed today. Millions of people have watched net footage of the Tory ‘Top Dog’ trying to squeeze … Continue reading

23.11.11

Euro continues to slide on weak demand after German debt auction

The euro continued its slide versus the majors as weak demand was seen in this mornings German debt auction.

Categories: currency, economics, eurozone.

23.11.11

Euro Under Pressure as E/Zone Industrial orders Plummet!

The pound and dollar made decent gains against an under fire single currency this morning as the euro came under huge pressure following weaker than expected economic data in the form of E/Zone industrial orders.

03.11.11

ECB cuts interest rates by 25 basis points to 1.25%

The euro has weakened off slightly this afternoon and erased its gains made this morning. The ECB have cut rates by 25 basis points to 1.25%.

Categories: currency, economics, eurozone, forex.

03.11.11

Euro rebound on hopes of Greek government collapse

The single currency has traded higher this morning on hopes that a Greek government collapse could suspend the Greek referendum on the eurozone debt plan.

Categories: currency, eurozone.

31.10.11

Pound gains over a cent vs the euro and dollar.

The pound has gained nearly one and a half cents against the dollar and a full cent versus the euro this afternoon as sterling reverses its losses posted at the end of last week.We have seen an extremely choppy trading … Continue reading

Categories: currency, dollar, eurozone, sterling.