Forex News

forex and currency markets news and information

FOREX-Yen advances; Greece, Spain woes slam euro

Thu May 17, 2012 4:43pm EDT * Worries about Greece euro exit, banking sector hurt euro * Euro hits 4-month low vs firmer dollar, 3-month low vs yen * Spain’s Bankia shares tumble, talk of possible downgrades By Gertrude Chavez-Dreyfuss NEW YORK, May 17 (Reuters) – The safe-haven yen posted sharp gains against the...
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Forex: Stocks plunge yen soars

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RBI may use forex reserves to stem currency loss: Karvy

0 Tweet Share on Tumblr Karvy Stock Broking has come out with its report on Indian Rupee. According to the research firm, the RBI is expected to use its forex reserves to stem the currency loss. Ever since the yearly low hit in Feb we have been seeing the rupee continue its fall...
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Forex focus: will Greek car crash turn into a euro pile-up?

The trouble is that there’s no rule book for how this could happen. It was never envisaged that a nation would leave the euro. It was always seen as a one-way ticket. “Right now, we face two possible inflection points,” says Simon Smith of FxPro. “The first is when Germany and the ECB relent...
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Forex: USD/CAD rises to test 1.0178 again

FXstreet.com (San Francisco) – After trading in consolidation mode from 1.0178 4-month high in a… For more information, read our latest forex news and reports. Article source Articles are copyright of writer or original publisher indicated in above link. If yo would like your articles removed, please contact us via the Contact...
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FOREX-Euro off 4-month low, but Greek exit fears unabated

Thu May 17, 2012 2:03am EDT * Euro barely above 4-month low, still vulnerable * Greek banks face funding needs, adding to pressure By Antoni Slodkowski TOKYO, May 17 (Reuters) – The euro inched up on Thursday after plunging to a four-month low the day before, but the move was seen as temporary as...
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FOREX-Euro slammed by Greece, Spain bank fears

Thu May 17, 2012 12:16pm EDT * Worries about Greece euro exit, banking sector hurt euro * Euro hits 4-month low vs firmer dollar, 3-month low vs yen * Spain’s Bankia shares tumble, talk of possible downgrades NEW YORK, May 17 (Reuters) – The euro fell to a four-month low against the dollar o...
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