Welcome to Currency Trading
Euro Currency Trading News
Euro Currency Trading News
Euro lower as "High Noon" deadline looms
The euro fell broadly this morning on investor concern that Greek coalition parties had yet to sign off on the terms of a new bailout with a deadline imminent, keeping alive the risk of a messy default which could rock the currency bloc.
Read more...Behind The Euro: History And Future
The euro is the commonly accepted currency for 17 of the 27 member states of the European Union; these countries combine to create the eurozone . To truly understand the euro as a currency is to understand the history of the eurozone.
Read more...Swiss risk deflation if euro crisis worsens: Jordan
GENEVA/ZURICH (Reuters) - The Swiss National Bank fears that an escalation of the euro zone's debt crisis could prompt deflation, Thomas Jordan said in his first speech since becoming interim chairman of the central bank, stressing his determination to keep a lid on the franc. The SNB capped the franc at 1.20 per euro on September 6 to prevent Switzerland from tipping into recession and ...
Read more...USD Outlook Hinges On Bernanke, Euro Propped Up By Greek Rumors
USD Outlook Hinges On Bernanke, Euro Propped Up By Greek Rumors
Read more...SNB Won’t Tolerate Franc Breaching Euro Limit, Jordan Says
Swiss central bank interim Chairman Thomas Jordan said the franc remains “very strong” and policy makers can’t allow the currency to appreciate further.
Read more...Dollar turns lower against euro after jobs report
Dollar turns lower against euro after jobs report The dollar began falling after the stock market opened and began to rally, said Kathy Lien, director of currency research for the currency trading company GFT. Economists expected a gain of 155,000 jobs and the unemployment rate to remain at 8.5 percent. In Greece, unions and employers associations rejected wage cuts needed in order for the ...
Read more...Rand softer at 7.57 against US dollar
The rand was softer against the dollar in early morning trade on Tuesday as it tracked a euro that came under pressure in Asian trading hours.
Read more...