Written by The euro declined, headed for a sixth monthly loss against the dollar, amid concerns European measures to reduce fiscal deficits and contain the region’s sovereign debt crisis will undermine the global recovery. READ MORE »
Posts tagged economic recovery
FOREX-US jobs gain boosts dollar, Greek worries linger
* US employment grows at fastest pace in 4 yrs, boosts dlr
* Euro rebounds; G7 finance officials discuss Greece
* Euro on track for biggest weekly loss since Oct 08
* Sterling hits 1-yr low on uncertainty after UK vote (Updates prices, adds comment, US data, changes byline, dateline) READ MORE »
Gold arrests slide made after EU rescue deal
Gold cut early losses of near 2 percent on Monday amid expectations a $1 trillion aid package aimed at alleviating the euro zone’s debt crisis could cement easier monetary policy, and potentially spark inflation. READ MORE »
WORLD FOREX: Euro Recovers In Calmer Trading Environment
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 »
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 »