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07 Jul 2011: Portugal
EUR/USD: Portugal's downgrade to Junk status continued to weigh heavy on Euro
The news of Portugal's downgrade to Junk status continued to weigh heavy on the single currency. Moody's downgrade has sparked rumours that there may be more nations soon to be downgraded. ...
 
06 Jul 2011: USD gained against sterling
GBP/USD: USD gained against sterling
US Dollar gained against sterling yesterday. The resultant US Dollar gain came as investors pulled funds out of US equities. ...
 
04 Jul 2011: Standard & Poor
EUR/USD: Standard & Poor's said the debt rollover plan may put Greece into selective default
Euro eased from one-month highs against the dollar after Standard & Poor's said a debt rollover plan being considered for Greece may put the country into selective default, although solid support at lower levels are likely to check losses. The euro had hit a one-month high of $1.4580 earlier on Monday, as near term worries that Greece may default and risks of a contagion eased. ...
 
30 Jun 2011: Euro remains bullish in the short term
EUR/USD: Euro remains bullish in the short term
Euro climbed to a 3 week high against the US dollar. Euro remains bullish in the short term, buoyed by market expectations for a rise in interest rates next month. ...
 
29 Jun 2011: Greece is now in the final hours before the critical vote
EUR/USD: Greece is now in the final hours before the critical vote
Greece is now in the final hours before a critical vote on austerity and privatization measures that could determine whether Athens will be able to honor repayment obligations falling due the middle of next month. The Greek Parliament will vote this afternoon on a package of measures that includes E28 billion in spending cuts and tax hikes and the creation of an independent privatization agency that will be charged with the task of raising at least E50 billion by selling off publicly owned assets. ...