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FORTUCAST Financial Timer - Euro |
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Written by Barry Rosen at Fortucast
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Wednesday, 16 May 2012 12:02 |
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EURO CURRENCY CASH and JUNE FUTURES (electronic)
(5/15): The euro was less than 0.1 percent from the lowest level in almost four months after Greece’s political leaders failed to form a ruling coalition, deepening speculation the country will have to leave the currency bloc, Bloomberg News reported. Demand for the euro was damped before Greek leaders seek agreement on Wednesday on an interim government that will schedule new elections. Figures from the European Union’s statistics office yesterday showed gross domestic product in the region stagnated in the three months through March 31 after a 0.3 percent drop in the previous period.
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Last Updated on Wednesday, 16 May 2012 06:03 |
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FORTUCAST Financial Timer - Euro |
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Written by Barry Rosen at Fortucast
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Tuesday, 15 May 2012 11:53 |
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EURO CURRENCY CASH and JUNE FUTURES (electronic)
(5/14): The euro traded near an almost four-month low amid mounting doubts that Greece can avoid an exit from the currency union as the region’s finance ministers meet for a second day in Brussels, Bloomberg News reported. Greece’s president will call a meeting of leaders of all parliamentary parties except for an ultra-nationalist party today to make the case for a government of prominent non- politicians.
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Last Updated on Tuesday, 15 May 2012 05:55 |
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FORTUCAST Financial Timer - Euro |
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Written by Barry Rosen at Fortucast
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Monday, 14 May 2012 09:05 |
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EURO CURRENCY CASH and JUNE FUTURES (electronic)
(5/11): The euro weakened for a second week, touching a three-month low versus the dollar, as concern builds that Greece may be forced to withdraw from the currency union with the nation’s politicians unable to form a government, Bloomberg News reported. The 17-nation currency dropped after Greek Pasok party leader Evangelos Venizelos failed to form a unity government and will hand back the three-day mandate to President Karolos Papoulias tomorrow.
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Last Updated on Monday, 14 May 2012 03:07 |
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FORTUCAST Financial Timer - Euro |
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Written by Barry Rosen at Fortucast
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Friday, 11 May 2012 10:08 |
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EURO CURRENCY CASH and JUNE FUTURES (electronic)
(5/10): The euro slid to a three-month low before Italy, Spain and France sell bonds next week amid concern the region’s debt crisis is deepening, Bloomberg News reported. The shared currency headed for a second weekly drop as Greek political leaders go into a fifth day of talks to form a government and before an official report forecast to show the euro region’s economy contracted for a second quarter.
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Last Updated on Friday, 11 May 2012 04:09 |
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FORTUCAST Financial Timer - Euro |
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Written by Barry Rosen at Fortucast
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Thursday, 10 May 2012 10:17 |
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EURO CURRENCY CASH and JUNE FUTURES (electronic)
(5/9): The euro traded 0.2 percent from a more-than three month low as Greece remained divided on forming a new government, stoking concern that another election could set the stage for the country’s exit from the trading bloc, Bloomberg News reported. The 17-nation currency remained lower, extending its longest losing streak since 2008, before French data that may show industrial production declined in March as the region’s debt crisis weighed on growth. n France, industrial production probably fell 0.6 percent in March from the previous month, when it gained 0.3 percent, according to economists surveyed by Bloomberg.
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Last Updated on Thursday, 10 May 2012 04:18 |
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