Confidence in Euro Continues to Drop

Confidence in Euro Continues to Drop Traders seemed anxious in trading yesterday. Comments regarding the recent Greek $1 trillion aid package by a senior IMF member raised new doubts about the EUR. Traders are now concerned that the package came too late and that it might not be enough to bring Greece into the black. Consequently, during most of the trading day the EUR retreated against its major counterparts, while the price of Gold reached a record high.Economic NewsUSD – Greenback Continues to Dominate the Market Traders continued to divert their assets to safer currencies like the Dollar on Tuesday, following news that Chinese inflation rose at a higher then expected rate. As a result, investor concerns that China would soon raise interest rates caused the greenback…
Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.