Written by TORONTO (Dow Jones)–The euro is higher Tuesday morning as market players trim their negative bets against the common currency in the absence of new developments in the euro-zone sovereign debt crisis. READ MORE »
Posts tagged debt crisis
TREASURIES-Prices slip as euro’s bounce damps safety bid
* Bond prices lower as euro bounce damps safety bid
* Subdued U.S. inflation index implies Fed to stay on hold
NEW YORK, – U.S. Treasuries prices slipped on Wednesday as a bounce in the euro reduced the appeal of safe-haven U.S. government debt. READ MORE »
Germany Wants More Political Euro Zone
BERLIN–The euro zone must take concrete steps to enhance the political dimension of the European Monetary Union and to firmly enforce fiscal discipline, the German government said in a document. READ MORE »
Treasuries Little Changed Before U.S. Report on Home Resales
Treasuries were little changed before an industry report that economists said will show pending U.S. home resales rose for a third month in April. READ MORE »
Dollar, Yen Climb on Concern About European Banks, U.S. Growth
The dollar and the yen rose against their major counterparts as concern that Europe’s debt crisis is expanding and the U.S. economic recovery may be growing more slowly pushed investors to the safest currencies. READ MORE »