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Euro on the rise as Greece gets further support

Europe’s currency rose against the yen and the dollar for a second day as speculation increased Greece will get assistance, fueling demand for higher-yielding assets. The euro strengthened after French President Sarkozy said yesterday the euro region is ready to rescue Greece and before Greek Prime Minister Papandreou meets U.S. President Obama in Washington DC tomorrow. The euro rose to 123.90 yen, the strongest since Feb. 23, as of 7:00 a.m. in London from 123.00 yen in New York on March 5. Europe's single currency advanced to $1.3693 from $1.3626.

08 March 2010Read more

Yen falls on new BoJ measures - US unemployment rate today

The yen declined against the dollar and the euro on speculation the BoJ will step up credit easing measures to fight off deflation. Asian stocks advanced on optimism a U.S. employment report today will show less job losses than economists predicted. The yen fell to 89.36 per dollar as of 6:50 a.m. in London from 89.02 in New York yesterday, heading for a 0.4 percent loss this week. Japan’s currency dropped to 121.32 versus the euro from 120.91.

05 March 2010Read more

All the news

Euro on the rise as Greece gets further support  - 08 March 2010
Yen falls on new BoJ measures - US unemployment rate today  - 05 March 2010
Troubled Greece continues to put pressure on the euro  - 01 March 2010
Major currencies weaker on recovery signs - US prelim GDP today  - 26 February 2010
Dollar drops ahead of Bernake testimony today and tomorrow  - 24 February 2010
Yen weaker as Asian stocks surge  - 22 February 2010
Fed unexpectedly raises discount rate  - 19 February 2010
Positive figures from UK and US put pressure on yen  - 17 February 2010
Debt problems in Greece and Dubai fuel dollar  - 15 February 2010
Euro down as EU growth slows - US retail sales today  - 12 February 2010
Dollar higher ahead of Bernanke tesimony - US trade balance today  - 10 February 2010
Slight gains for euro in Asian session  - 08 February 2010
Euro weaker on further deficit concerns - US unemployment rate  - 05 February 2010
Boost for British currency on positive consumer sentiment - Gold gains for 3rd day  - 03 February 2010
Positive signs in US boost dollar - Oil slightly lower  - 01 February 2010
Dollar and yen rise on negative European outlook - US advance GDP today  - 29 January 2010
Positive outlook from FOMC - US durable good orders and unemployment claims today  - 28 January 2010
Fall in German CPI boosts the yen - Fed Funds Rate today  - 27 January 2010
Dollar and yen rebound on moves by Chinese banks to curb growth  - 26 January 2010
Yen falls as Bernanke set to win second term  - 25 January 2010
Obama's bank reform plan hits the dollar  - 22 January 2010
Rebound in China weakens Yen - Gold at a 2 week low on stronger dollar  - 21 January 2010
Weak German ZEW and further concerns over Greece drives euro lower  - 20 January 2010
Yen at a 4 week high against euro as investors seek relative safety  - 19 January 2010
Further speculation on Greece weakens the euro  - 18 January 2010
Dollar and yen rise as Chinese bank lending slows down  - 15 January 2010
Yen weakens against high yielding currencies  - 14 January 2010
Pound on the rise against US dollar  - 13 January 2010
Dollar back on rise on signs recovery is slowing  - 12 January 2010
Top 4 2010 outlooks  - 31 December 2009
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