German Producer Price Index up by 0.1%

Wednesday, 20 July 2011 12:20

German Index of Producer Price for Domestic Sales rose in June 2011 by 0.1% as predicted.

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Greek payment delayed yet again

Monday, 20 June 2011 12:41

EUR/USD starts the week with a downward spiral, resulting from the failure of agreement amongst the European leaders about the Greek bailout plan. Decision has been delayed up until July, whether or not Greece will receive the 12 billion euros as part of the 110 billion euros given to Greece in last year’s crisis.

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Euro is off its 1.4050 low; Greece faces more debt crisis

Friday, 20 May 2011 10:52

The European currency for 17 nations seems to be recovering as it’s keeping well over the 1.4050 (7-week) low. The currency stepped to walk on a high of 1.4336 in yesterday’s session, now resisting at the level of 1.4420. This all, rivaling the U.S Dollar.

EUR/USD is currently trading at 1.4313.

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