Tag Archives: Greece

FOREX-Euro edges up from 14-month lows, eyes on ECB – Reuters

Posted on May 5, 2010 by admin

Globe and Mail FOREX-Euro edges up from 14-month lows, eyes on ECBReutersBut as people know there will be no quick fix for Greece, euro selling is unlikely to end soon," said Shuichi Kanehira, head of forex spot trading at Mizuho … Continue reading →

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Gold Prices hit new high in sterling – BullionVault

Posted on May 5, 2010 by admin

The Guardian Gold Prices hit new high in sterlingBullionVaultHe said: "Gold is not just viewed as an inflation hedge in the current market. Given the euro region sovereign risk emanating from Greece, gold is also …Gold May Advance as Investors … Continue reading →

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Rand Tracks Softer Euro in Midday Trade – NewsTime

Posted on May 4, 2010 by admin

BBC News (blog) Rand Tracks Softer Euro in Midday TradeNewsTimeThe rand was trading at R7.4609/$1 from a previous close R7.3997/$1. It slid against the pound as well trading for R11.3527/1 form a close of R11.2786/1. …Euro Advances From Near One-Year … Continue reading →

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Mexico’s Stocks Open Higher, Peso Gains Against Dollar – Wall Street Journal

Posted on May 3, 2010 by admin

Mexico's Stocks Open Higher, Peso Gains Against DollarWall Street JournalThe peso was also recovering ground against the US dollar, quoted in Mexico City at MXN12.2550 compared with MXN12.3020 at the close Friday. …Mexico Stocks Close Higher; Peso Stronger On Greece; … Continue reading →

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Gold May Not Hedge Your Investment Portfolio – ChicagoNow (blog)

Posted on May 3, 2010 by admin

True/Slant Gold May Not Hedge Your Investment PortfolioChicagoNow (blog)During the 2008-2009 market declines, gold served as a wonderful hedge (an investment to offset losses) and performed handsomely. So, I thought, what can be …The SPDR Gold ETF (NYSE:GLD) Adds Another … Continue reading →

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ECB suspends rating threshold for Greece – MarketWatch

Posted on May 3, 2010 by admin

Daily Mail ECB suspends rating threshold for GreeceMarketWatchThese assets usually have to meet certain requirements to be eligible as collateral, such as having a minimum credit rating. …ECB Suspends Rating Limits on Greek DebtWall Street JournalECB Comes to Greece's Aid … Continue reading →

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Pound Declines Against Majors – RTT News

Posted on May 3, 2010 by admin

Pound Declines Against MajorsRTT NewsMoving down from a high of 1.6539 hit at 11:25 pm Sunday, the pound reached 1.6476 against the franc at 5:10 am ET Monday. Currently, the pound is trading … Related Blogs Euro declines to $1.3227 … Continue reading →

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Banks Buying Treasuries Help Keep Borrowing Rates Low – BusinessWeek

Posted on May 3, 2010 by admin

Banks Buying Treasuries Help Keep Borrowing Rates LowBusinessWeekHoldings of Treasuries rose each of the past five weeks, an increase of $63.2 billion to $1.5 trillion, according to Federal Reserve data. At the same time, …• The Consensus: Bet Against Long … Continue reading →

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Gold: financial hedge against Europe’s debt storm – Commodity Online

Posted on May 2, 2010 by admin

GoldAlert Gold: financial hedge against Europe's debt stormCommodity OnlineA move above this could trigger buy orders, sending gold back to December's record. Gold is being bought as a financial hedge against the gathering …Gold Trades Near a Five-Month High After … Continue reading →

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WORLD FOREX: Euro Advances In Anticipation Of Greek Aid Plan – Wall Street Journal

Posted on May 2, 2010 by admin

National Post WORLD FOREX: Euro Advances In Anticipation Of Greek Aid PlanWall Street JournalTORONTO (Dow Jones)–The euro gained Friday, supported by optimism that details on an aid package for Greece would …WORLD FOREX: Euro Trims Gains Ahead Of Meeting On … Continue reading →

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