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By Stephen Kirkland and Sarah Pringle, Bloomberg |
March 27, 2013
Stocks fell and the euro weakened to a four-month low against the dollar, while Treasuries rallied and Italian and Spanish bonds slumped, as concern about Europe’s debt crisis deepened.
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By Anthony Lazzara |
March 27, 2013
With recent headlines on Cyprus, the Euro debt crisis is obviously far from “over” thus the euro currency has been in a steady downtrend since early February. Our key resistance level is at 1.30.
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By John Detrixhe and Emma Charlton, Bloomberg |
March 25, 2013
The euro fell to a four-month low versus the dollar as the Cyprus bailout plan added to concern about the safety of the region’s bond holdings and deposits.
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By Michael P. Regan, Bloomberg |
March 25, 2013
Stocks erased gains following a report that a European official said the Cyprus bank- restructuring plan should be seen as a template for the rest of the euro region.
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By Emma Charlton, Bloomberg |
March 22, 2013
The euro rose from near a four-month low against the dollar amid speculation Cyprus is moving closer to a deal to stave off financial collapse and prevent contagion from infecting the rest of the region.
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By Stephen Kirkland, Lu Wang and Sarah Pringle, Bloomberg |
March 21, 2013
U.S. and European stocks slid, the euro weakened and commodities declined after data showed an unexpected contraction in German manufacturing and Cyprus’s president worked on a new plan to obtain a European bailout.
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By Dan Gramza |
March 21, 2013
Dan Gramza says the pressure has come off the euro and he is looking for it to move to the upside.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
March 20, 2013
The euro strengthened from a four- month low against the dollar as Cyprus sought alternatives to the European Union plan to help the nation avoid a banking collapse and the Federal Reserve maintained stimulus measures.
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By Svenja O’Donnell, Bloomberg |
March 20, 2013
Chancellor of the Exchequer George Osborne said the forecast for U.K. economic growth this year was cut by half as he lowered corporation tax and set out an updated central-bank remit to aid Britain’s recovery.
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By Dan Gramza |
March 20, 2013
The euro fell yesterday as it digested news about the decision in Cyprus, and Dan Gramza is looking for it to continue in that direction.