Posts Tagged ‘euro’

Gold, Dollar, Commodities Soar As Europe Fears Rise Again

Tuesday, November 9th, 2010

Gold surged and the dollar rose against the euro on Tuesday on uncertainty over high sovereign debt in euro zone countries, while U.S. stocks paused after a recent rally drove indices to two-year highs.

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Gold, Dollar, Commodities Soar As Europe Fears Rise Again

How Washington Pushed Europe to Save the Euro

Monday, October 11th, 2010

This year’s rescue plans for Greece and the euro zone were driven partly by rising US anxiety about the risks to global financial stability stemming from Europe’s slowness to take action. The FT reports.

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How Washington Pushed Europe to Save the Euro

European Central Banks Halt Sales of Gold as Price Rises

Monday, September 27th, 2010

The central banks of the euro zone plus Sweden and Switzerland are bound by the Central Bank Gold Agreement, which caps their collective sales. The Financial Times reports.

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European Central Banks Halt Sales of Gold as Price Rises

Euro Extends Slide, Hits 4-Year Low Vs Dollar

Sunday, May 16th, 2010

The euro extended its losses on Monday and hit a four-year low, hurt by persistent worries that harsh spending cuts mandated by a bailout plan may choke off a fragile recovery in the euro zone.

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Euro Extends Slide, Hits 4-Year Low Vs Dollar

ECB Holds Rate; Market Looks for Reassurance

Thursday, May 6th, 2010

The European Central Bank will be under pressure on Thursday to explain how it plans to stop the Greek debt crisis from engulfing other euro zone member states.

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ECB Holds Rate; Market Looks for Reassurance

Wall Street Helped Cover Up Greek Debts, Fueling Crisis

Sunday, February 14th, 2010

Tactics like the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro, reports the New York Times.

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Wall Street Helped Cover Up Greek Debts, Fueling Crisis

Swiss Central Bank Intervention Talk Boosts Euro

Friday, February 5th, 2010

Switzerland’s central bank was seen selling francs in Asian trading time Friday, sending the euro leaping higher.

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Swiss Central Bank Intervention Talk Boosts Euro