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Forex news
Euro drops on contunued concerns about the Greek financial situation
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The euro headed for its biggest weekly loss since the beginning of February as concern Greece will fail to secure financial assistance from the European Union damped demand for the currency. Indeed, Greece set a deadline for an aid mechanism from the European Union while Germany said the International Monetary Fund may be the better option. The euro traded at $1.3615 down from $1.3608 yesterday when it fell 1 percent. The currency has lost 1.1 percent this week, the most since the week ended Feb. 5. The 16-nation currency was at 123.18 yen from 122.99 yen. |
FOMC leaves fed fund rate unchanged boosting demand for riskier assets
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The dollar fell as much as 0.7 percent against a basket of six major currencies a day after the Federal Open Market Committee (FOMC) left the federal funds rate target for overnight loans between banks in a range of zero to 0.25 percent, where it has been since December 2008. The U.S. dollar dropped to $1.3803 per euro from $1.3766, after reaching $1.3818, the lowest since Feb. 9. |
All the news
Euro drops on contunued concerns about the Greek financial situation
- 19 March 2010
FOMC leaves fed fund rate unchanged boosting demand for riskier assets
- 17 March 2010
Dollar and yen gain on rising economic tensions between US & China
- 15 March 2010
Yen falls on central bank comments - US Retail Sales today
- 12 March 2010
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
Top 4 2010 outlooks
- 31 December 2009
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