Posts Tagged ‘the-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

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

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