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1 0 Tag Archives: market
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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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Dollar Weakens Further Against Rivals On Rate-hike Bets

The dollar traded lower against its rivals Monday after recording its largest weekly percentage decline against the euro since October 2011. The euro traded at $ 1.0883, compared with $ 1.0821 Friday evening. Several analysts, including Kit Juckes, said that traders are trimming bets that the dollar will strengthen against its rivals, driving further weakness […]

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March 23, 2015
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Euro up after Greece agreement, Shanghai surges again

The euro pushed higher Friday after Greece’s promise to provide new plans to reform its bailout, while Shanghai stocks continued their latest rally towards a seven-year high. Traders moved into the single currency after Greece’s deal with its key European partners, who agreed to finish work “as fast as possible” on completing its EU-IMF rescue […]

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March 21, 2015
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FOREX-Euro steady after rebounding from 12-yr lows, Fed in focus

* Euro holds steady after bouncing from 12-year lows overnight * BOJ stands pat on policy as expected, market reaction limited * RBA leaves rate cut on table, Aussie dips * Dollar’s dip on soft U.S. data gives euro breather (Adds details, quotes) By Shinichi Saoshiro TOKYO, March 17 (Reuters) – The euro held firm […]

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March 17, 2015
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FOREX-Euro firm after mild bounce from 12-yr lows, Fed in focus

* Euro holds steady after bouncing from 12-year lows overnight * Dollar’s dip on soft U.S. data gives euro breather * BOJ expected to stand pat on policy, maintain massive stimulus * RBA leaves rate cut on table, Aussie dips By Shinichi Saoshiro TOKYO, March 17 (Reuters) – The euro stood firm on Tuesday after […]

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March 17, 2015
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A woman in kimono walks past a stock quotation board outside a brokerage in Tokyo, in this January 4, 2010 file photo. REUTERS/Toru Hanai/Files By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks edged higher on Monday as China’s weekend interest rate cut partially offset soft U.S. data, while the dollar hit an 11-year high against […]

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March 2, 2015
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Asia edges higher after China rate cut, euro slips

A woman in kimono walks past a stock quotation board outside a brokerage in Tokyo, in this January 4, 2010 file photo. REUTERS/Toru Hanai/Files By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks edged higher on Monday as China’s weekend interest rate cut partially offset soft U.S. data, while the dollar hit an 11-year high against […]

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March 2, 2015
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Euro bond market proves irresistible for US corporates

* US borrowers in euro market hits unprecedented levels By Philip Wright and Laura Benitez LONDON, Feb 27 (IFR) – The euro-denominated bond market has been proving an almost irresistible port of call for high-grade US companies of late. The number of such borrowers attracted to the sector has reached unprecedented levels, with low absolute […]

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February 27, 2015
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CEMEX Announces Offering of Senior Secured Notes

MONTERREY, Mexico–(BUSINESS WIRE)– CEMEX, S.A.B. de C.V. (“CEMEX”) (CX) announced today its intention to offer senior secured notes in one or more series denominated in Euros (the “Euro Notes”), subject to market and other conditions. Contemporaneous with the offering of the Euro Notes, CEMEX also intends to offer senior secured notes in one or more […]

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February 27, 2015
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Dollar firm after upbeat data, euro on edge ahead of Greece talks

TOKYO: The dollar held firm on Friday after upbeat US jobless claims data made views swing back in favour of an earlier rate hike by the Federal Reserve, while the euro stayed under pressure ahead of a crunch meeting on Greece’s bailout programme. The dollar index […]

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February 20, 2015