Posts Tagged ‘Greece debt situation’
Currency Articles - November 3, 2011 23:46
US Dollar Recovers Versus its Rivals on Greece’s Debt Crisis
The US dollar gained versus its major rival currencies on Wednesday on dependence of Greece’s bailout package on the referendum announced by Greek officials. Strategist, Sue Trinh from RBC Capital Markets commented, “Headline risk remains acute as German Chancellor [Angela] Merkel and French President [Nicolas] Sarkozy speak with the Greek government, the International Monetary Fund […]
Euro Declines as European Leaders Remain Uncertain on Figure of Bailout Funds
The US dollar gained versus the single currency on Wednesday as the European Union leaders still failed to deliver any dollar figure for the recapitalization funds of the banks. The euro fell to 1.3911 against the US dollar on Wednesday as compared to 1.3921 on Tuesday’s North American trading session. The dollar index DXY which […]
Euro reaches its Highest in 2 weeks a Greece gets ready for First Round of Bailout Package
The euro touched it’s highest versus the greenback in last 2 weeks on positive development for Greece’s debt situation. The Greek parliament has approved the bailout package of 78 billion euros equivalent to $112.2 billion for its austerity measures. The single currency gained to 1.4431 against the US dollar on Wednesday as compared to 1.4366 […]
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