Greece
Most Key Dollar Pairs Steady Awaiting Bank of England and ECB
March 4, 2010
The dollar has risen 0.2% against the Swiss and 0.1% versus sterling and the euro, but the greenback is down 0.2% against the Canadian dollar and 0.1% versus the yen. Bigger dollar moves have been made against the kiwi (+0.6%) and Aussie dollar (+0.3%). Pacific Rim stocks fell mostly with drops of 2.5% in China, 1.4% [...] More
Sharply Higher Yen
February 25, 2010
Uneasiness about Europe sent the yen and dollar higher. The yen gained 0.9% against the dollar and hit a one-year high against the euro of 120.20. At the new peak, the yen is 41.4% higher relative to the euro than when it stood at 170 per euro on July 23, 2008. The dollar has risen 0.7% [...] More
China and Greece Weigh on Investor Psychology
January 20, 2010
Markets continue to obsess about Greece’s fiscal problems. Stark of the ECB said that fiscal rules mustn’t be bent to accommodate Greece and stressed that the euro area economic recovery will be uneven and slow. The euro fell below $1.4200 and lost 0.9% against the dollar. The Swiss franc also fell 0.9%, while sterling is [...] More
It Won’t Be Only About Greece
January 15, 2010
Dollar movement in the second week of 2010 remained choppy. Net changes against other major traded currencies were mostly minor including a 0.3% uptick against the euro as of 17:50 GMT on Friday. The exceptions involved drops of 1.5% against sterling and 2.1% relative to the yen. A quite different and more pessimistic impression about [...] More
