Thread: Forex News

YouTube - A Silver Shortage?

FleetCor shares rise in debut, other IPOs drab
Reuters

By Clare Baldwin

(Reuters) - Shares of a payments provider and communications company rose in their stock market debut on Wednesday while shares of a forex trader and of a commercial real estate financier fell.

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FOREX-Euro seen vulnerable after fall; EU summit eyed
Reuters

By Ian Chua

Dec 16 (Reuters) - The euro found a steadier footing early in Asia on Thursday but was vulnerable to further declines with European Union leaders seen unlikely to come up with a common solution to tackle the region's sovereign debt crisis at a two-day summit.

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FOREX-Dollar firm but lacks punch, euro drifts at lows
Reuters

By Charlotte Cooper

TOKYO, Dec 16 (Reuters) - The euro steadied on Thursday ahead of an EU summit but looked vulnerable to further falls, while the dollar held near the top of recent ranges against several major currencies but lacked energy to vault them.

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FOREX-Euro edges up before EU summit, dollar pauses
Reuters

By Tamawa Desai

LONDON, Dec 16 (Reuters) - The euro edged higher on Thursday ahead of an EU summit but remained vulnerable on euro zone debt concerns, while the dollar slipped back after a surge in U.S. Treasury yields ebbed.

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Interest rate up sharply in key Spanish bond sale
Bloomberg

By CIARAN GILES

MADRID (AP) — Spain is having to pay sharply increased interest rates to borrow euro2.4 billion ($3.21 billion) from bond markets as investors remain cautious about a downgrade and financial difficulties.

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FOREX-Euro climbs before EU summit, dlr cedes ground
Reuters

By Tamawa Desai

LONDON, Dec 16 (Reuters) - The euro edged higher on Thursday ahead of a European Union summit but was vulnerable to a sell-off on lingering euro zone peripheral debt concerns, while the dollar fell after a pause in U.S. Treasury yield gains.

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Treasury Yields Hold Near Seven-Month Highs on Economic Data; Dollar Falls - Bloomberg

By Michael P. Regan and Inyoung Hwang

Yields on 10- and 30-year Treasuries remained near the highest levels in seven months and the dollar weakened as data on jobless claims and housing bolstered confidence in the economy. U.S. stocks fluctuated.

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Dollar reverses losses; gains vs euro, yen
Reuters

NEW YORK, Dec 16 (Reuters) - The dollar reversed earlier declines to rally against the euro and yen on Thursday amid rising bond yields after a report unexpectedly showed factory activity in the U.S. Mid-Atlantic region rose in December.

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Dollar Fluctuates as European Leader Discuss Steps for the Region's Crisis
Bloomberg

By Allison Bennett

The dollar fluctuated against the euro and the yen as European Union leaders started a two-day summit in Brussels amid divisions about boarder steps to address the region’s financial crisis.

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