Tag Archives: bid

04.10.11

Bernanke speech and rumours of SNB intervention sends euro bid

The single currency has posted a mild recovery this afternoon taking back a cent against both the dollar and euro in the wake of Fed Chairman Ben Bernanke’s speech which is still ongoing. There were also rumours of more Swiss … Continue reading

17.05.11

Euro Update on EU statements

EU Chief Jean-Claude Juncker has admitted that there may have to be some ‘soft restructuring’ of Greek debt, which did bring about a rally in fixed income and the Euro sold off from their highs only for Ewald Nowotny to … Continue reading