EUR/GBP £0.8378 Discussions about the Greek debt are still dominating on the European market. The single currency gained slightly against the British Pound the UK and seems to remain at this level. There are minimal economic announcements from Europe today as the market attention is currently concentrated at the US Dollar. The Euro is trading [...]
EUR/GBP £0.8385 In general, the Euro is falling as concerns over the debt crisis are still present and also as the euro zone finance ministers rejected a restructuring plan on the Greek debt by creditors. However, it is outperforming the Pound, and currently upgrading against the sterling as it’s trading at £0.8385. GBP/EUR €1.1921 The [...]
EUR/USD Due to worries about the cost of protection against the government debt in Ireland and Portugal, the euro fell to 1.3775 dollars. The G20 summit of advanced and developing economies is still maintaining a high level of currency tensions. In contrast, the dollar rose to its highest levels since late October against major currencies. [...]
