Tag: greece debt crisis

GBP/USD: Cable Slides on Disappointing Job Numbers

The GBP/USD was on its heels Wednesday, but remained well supported above 1.5600 following disappointing UK job numbers. The GBP/USD rose to an intraday high...

US Dollar Eases Off Highs ahead of FOMC Minutes

The US dollar declined against world currencies on Wednesday, as investors shifted their attention to the minutes of the June Federal Open Market Committee...

EUR/USD Recovers 1.10 as Greek “No” Vote Weighs

  The EUR/USD rebounded from fresh lows on Monday after the Greek people rejected international creditors’ bailout reforms in Sunday’s referendum, leading to speculation that...

Euro Moderately Higher ahead of Greece Referendum

The euro traded slightly higher against its US and British counterparts on Friday, as investors responded positively to upbeat Eurozone data ahead of Sunday’s...

EUR/USD Rebounds 200 Pips as Greece Debt Crisis Intensifies

The EUR/USD rebounded sharply from intraday lows on Monday, as disappointing economic data and a deepening debt crisis in Greece kept the currency markets...

EUR/USD Holds 1.12 as Greece Defaults on Loan

The EUR/USD edged lower on Tuesday but maintained the 1.12 level, as last minute negotiations between Greece and international creditors began after Greek finance...

EUR/USD Slips as Greek Bailout Talks Continue to Stall

The EUR/USD was under pressure on Friday, falling to the mid-1.11 region after the International Monetary Fund walked out of debt negotiations with Greece,...

Greece Debt Talks Continue in Brussels

Talks between Greece and its creditors resumed in Brussels on Thursday, with both sides still far apart on an agreement needed to keep Athens...

Greece Taps into Reserves to Repay IMF

Greece relied on emergency reserves to make a debt interest payment to the International Monetary Fund, a sign the far-left government of Alexis Tsipras has...

Greece Won’t Cross “Red Lines” in Bailout Negotiations

The Greek government will not renege on its campaign promises to voters in its negotiations with creditors, a government spokesperson said on Thursday, raising the likelihood...

USD Weekly Outlook (May 4-8)

The US dollar continued to backslide last week, falling nearly 2% against a basket of currencies as weak economic data kept demand for the...

US Dollar Index Pacing for Biggest Weekly Drop Since 2011

The US dollar weakened on Friday and is pacing for its biggest weekly decline since 2011, as the currency markets continued to oscillate following...
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