euro
Germany Passes EFSF Changes, Shows Big Drop in Unemployed, Euro Strengthens
The main news today again comes out of the euro zone, this time the approval of the expansion of the euro area rescue fund ? the EFSF ? by the German Bundestag, or the lower house of Parliament. The vote passed with 523 yes votes and 85 against, no 15 of Read More Germany Passes [...]
Euro Continues Its 4Day Rally on New Prospects for Stability
The euro is rising for the fourth day in a row on the Forex market today, following the successful pass of the anti-crisis vote in Greece, “stability bonds” talks in eurozone and a possible revival of the corporate bond market in Europe.(…)Read the rest of Euro Continues Its 4-Day Rally on New Prospects for Stability (173 words) Posted on Forex News. Read More Euro Continues Its 4Day Rally on New Prospects for [...]
Euro Finds Support on Assumption that Sovereign Debt Crisis will be Contained
The euro is finding support on the assumption that the sovereign debt crisis will be contained. Many forex traders seem to think that European leaders are serious about finding a solution to the debt crisis, and that it will be contained.(…)Read the rest of Euro Finds Support on Assumption that Sovereign Debt Crisis will be Contained (93 words) Posted on Forex News. Read More [...]