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1 0 Tag Archives: greece
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Euro at Risk on Critical Test in ongoing Greek Debt Crisis

DailyFX.com – Greek debt difficulties threaten to force important Euro volatility Key debt auction on April 8, 2015 a key event on the calendar Failure to roll over existing debt raises the threat of Greek default We’ve recently written on why Greece remains a major threat to financial market stability and the Euro currency itself. […]

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April 7, 2015
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Euro Rises Fourth Day as Greek Officials Promise IMF Payment

The euro advanced for a fourth day after Greece pledged to make a payment to the International Monetary Fund this week. The shared currency climbed versus most of its major counterparts after Greece’s Finance Minister Yanis Varoufakis reiterated that the country will make the payment of about 450 million euros ($ 494 million) due April […]

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April 6, 2015
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GLOBAL MARKETS-Wall St retreats, Euro heads for record quarterly drop

* Euro heads for biggest quarterly fall since introduction * Greek debt negotiations weigh on euro, dollar gains * U.S. stocks off despite strong consumer confidence, M&A * Crude sags as Iran’s nuclear talks deadline looms By Sinead Carew NEW YORK, March 31 (Reuters) – U.S. stocks retreated on Tuesday from the previous session’s rally, […]

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April 1, 2015
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European manufacturers getting more positive amid lower euro

LONDON (AP) — Enjoying the bonus offered by the much lower euro, manufacturers across much of the 19-country eurozone are hiring again. Greece’s manufacturers though don’t appear to be enjoying the fruits offered by a lower currency amid worries over the country’s economic future. In a closely monitored survey, financial information company Markit said Wednesday […]

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Euro down on Greece uncertainty, rate outlook drives dollar up

LONDON: The euro fell on Monday, hurt by uncertainty over whether Greece and its creditors will be able to strike a deal that will help Athens secure funding before it runs out of money by April 20. Talks continued through the weekend and Athens sounded upbeat, but its lenders said compiling a list of reforms […]

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Euro Declines On Greece Jitters

The euro came under pressure on Tuesday, as Greece struggled to reach a compromise with its international creditors over economic reforms attached with the bailout deal. Experts from the International Monetary Fund and the European Union are studying the reform proposals which Athens has proposed to unlock bailout money. While eurozone officials complained that Greece’s […]

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March 31, 2015
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Euro zone unemployment rate falls 11.3% in February from 11.4%

Investing.com – Investing.com – The euro zone’s unemployment rate fell to the lowest level since June 2012 in February, boosting optimism over the health of the region’s economy, official data showed on Tuesday. In a report, Eurostat said that the euro zone’s unemployment rate fell to a seasonally adjusted 11.3% last month from 11.4% […]

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Euro Extends Decline On Greece Uncertainty, Weak Eurozone Data

The euro continued its slide against the other major currencies in European deals on Tuesday, after Eurozone inflation fell for the fourth month in a row in March, whereas jobless rate worsened more-than-forecast in February. Market participants are also worried about Greece debt talks, as the country will run out of money in three weeks […]

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March 31, 2015
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Euro, Aussie Dollar May Rise as Yen Falls on Greece Funding Deal

DailyFX.com – Talking Points: Euro to Look Past CPI Data, Focus on Greece Debt Negotiations Greek Deal May Boost Aussie and NZ Dollar, Boost Japanese Yen Access Real-Time FX Markets Analysis with DailyFX on Demand The preliminary set of March Eurozone CPI figures headlines the economic calendar in European hours. The benchmark year-on-year inflation rate […]

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March 31, 2015
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FOREX-Euro down on Greece uncertainty, rate outlook drives dollar up

* Dollar up 0.6 percent against yen and euro * Euro weighed down by uncertainty over Greece * Yellen’s message on gradual tightening provides no fresh impetus (Updates prices, quotes) By Ahmed Aboulenein LONDON, March 30 (Reuters) – The euro fell on Monday, hurt by uncertainty over whether Greece and its creditors will be able […]

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