Standard & Poor’s downgraded its credit outlook for the United States

Monday, 18 April 2011 07:31

Standard & Poor’s downgraded its credit outlook for the United States mainly due to congress not reaching an agreement on the budget deficit which has taken almost 200 points off the Dow at time of writing.

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Euro drops, Finland and Oil

Monday, 18 April 2011 11:52

The euro hit a 10-day low against the dollar on concerns about Greek restructuring and the Portuguese bailout.

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The Euro fell in Asian trading

Monday, 18 April 2011 07:12

The Euro fell in Asian trading against the dollar on further concerns Greece may be unable to avoid a default even after officials said debt restructuring are not being discussed.

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Some analysis believe the euro may fall

Thursday, 14 April 2011 12:46

Some analysis believe the euro may fall below $1.40 after recent gains made it close to 20 percent overvalued in terms of purchasing power.

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Currency options showing possible Euro downside

Tuesday, 12 April 2011 10:28

Traders in the currency option market are still betting on downside in the euro verses the dollar, with risk reversals for short dated options still showing a solid bias for “puts” despite an 8.3 % rise in the Euro this year.

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