Forex and Financial Online
Posts tagged Debt
Daily Report: Euro Steady but Sentiments Weak on European Debt
Nov 22nd
While Euro remains steady against dollar and yen, commodity currencies are broadly lower as market sentiments are weighed down by continuous concern on European debt crisis. AUD/USD stayed below parity as Asian markets are broadly lower following the -1.13% fall in DOW. Markets are still talking about Spain’s 10 year
Currencies Look to Fed-Speak, Euro Debt Crisis Evolution for Direction
Nov 9th
- EUR: Optimism on Berlusconi Departure May Not Prove Lasting
- GBP: Bank of England Policy Announcement Likely a Non-Event
- JPY: Yen Continues to Stand Apart from Larger Market Themes
- AUD: Unemployment Rate Increase to Bolster RBA Rate Cut Bets
- CAD, NZD: Risk Trends in Focus, Fed-Speak and EU Crisis Key
Resilience in the EU continues to pound on the debt – BoE Traders Eye
Nov 6th
The pound sterling was the currency most powerful against a stronger dollar this week with a drop of only 0.68% against the greenback. Although the dollar jumped against all major currencies this week, the British pound has remained relatively stable with all the major drop between 2.4 and 3.2% against the reserve currency.
FOREX: Euro Rally, Debt Crisis Fix Hopes to Be Tested at Italy Bond Sale
Oct 13th
Traders’ nascent optimism in the containment of the EU debt crisis will be tested as Italy holds a bond auction, with poor uptake to hurt the Euro and risk appetite.
Q&A: Why the eu and us stock market and futures market are lifted after the Portuguese government sold debt?
Oct 1st
Question by Coinsyx: Why the eu and us stock market and futures market are lifted after the Portuguese government sold debt?
Why the eu and us stock market and futures market are lifted after the Portuguese government sold €1.25 billion ($ 1.62 billion) in bonds in an auction.
Best answer:
Answer by Archer2000
The quick answer is that the ‘crisis of liquidity is over.”
What that means is that when Portugal was running out of funds to cover payments to debtors, the influx of money from bond sales allowed the government to continue and reduce the amount of immediate repayments that were required.
In other words, federal employees will get paid this week, and the government has time to fix its debt problem.
Add your own answer in the comments!
European Debt Woes Dominate, UK Inflation Hits 4.5%
Sep 13th
Good news does not last long in this market. There was some temporary respite from all the doom and gloom this morning, as the Financial Times reported that China may be considering purchases of Italian debt – a story that provided some welcome relief to a market which has been bombarded by stories of sovereign credit woe and Greece’s seemingly interminable struggles with cash flow. The good mood…
