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Forex News | Currency News by Forexlive

ForexLive Asian market open: EUR/USD starts week under pressure

The early interbank low has been at 1.3320 after the pair closed in NY at 1.3400. Slow progress on the Greek debt issues is still the overriding driving factor. USD/JPY has finally managed a small move and is back above 77.00, whilst the AUD and NZD are being driven lower by risk-aversion trades. The GBP is making gains on the crosses and the SNB were spotted buying EUR/CHF on Friday night.

Good luck today.

By   || October 2, 2011 at 21:07 GMT
Category: All, Asia || Tags: || 8 comments || Add comment

“Labor reserve” idea set to be fleshed out be Greece today

Transferring public-sector jobs to a “labor reserve” at reduced pay is set to be unveiled after a Greek cabinet meeting on Sunday. The Troika inspectors are pushing Greece to speed up reforms.

The Euro group finance ministers meet tomorrow to have another go at solving the Greek crisis…

By   || October 2, 2011 at 15:02 GMT
Category: All, Americas, Mkt News, Politics/Policy, Regions || Tags: || 6 comments || Add comment

Domestic politics continues to bedevil EFSF in Slovakia

They’ve got two weeks to work it out…

By   || October 2, 2011 at 14:53 GMT
Category: All, Americas, Politics/Policy, Regions || Tags: , || 0 comments || Add comment

Swiss FinMin: Franc cap at right level, for now

And the government has harsh tactics up its sleeve, if needed, Widmer-Schlumpf says.

 

By   || October 2, 2011 at 14:48 GMT
Category: All, Americas, Politics/Policy, Regions || Tags: || 2 comments || Add comment

Germany: We’re done!

EUR 211 bln for the EFSF and not a penny more, says FinMin Schaeuble.

By   || October 1, 2011 at 19:01 GMT
Category: All, Americas, Politics/Policy, Regions || Tags: || 5 comments || Add comment

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