DailyFX - Forex Market News |
- FOREX: Euro Slumps, US Dollar Gains as Greece Flirts with Default
- AUD/USD: Trading the Reserve Bank of Australia Interest Rate Decision
- Eurozone Needs Greece Resolution to Avoid Real Possibility of Default
| FOREX: Euro Slumps, US Dollar Gains as Greece Flirts with Default Posted: 05 Feb 2012 11:14 PM PST The Euro sank and the US Dollar rose against the major currencies as Greek indecision on a second bailout package brought it the closest yet to a credit default. |
| AUD/USD: Trading the Reserve Bank of Australia Interest Rate Decision Posted: 05 Feb 2012 11:00 PM PST As the Reserve Bank of Australia is expected to lower the benchmark interest rate to 4.00%, the rate decision could trigger a sharp selloff in the exchange rate should the central bank maintain a dovish tone for monetary policy. |
| Eurozone Needs Greece Resolution to Avoid Real Possibility of Default Posted: 05 Feb 2012 10:50 PM PST The Euro remains under pressure into Monday and will be at the mercy of the developments out of Greece where market participants will be watching to see if a resolution can be reached… |
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