Asian Markets Ease as Focus Moves to Growth, Oil
Asian shares and the euro fell on Thursday on concerns over a slowdown in the global economy, including higher oil prices and data showing the euro zone may be sliding toward recession, fanning fresh worries about Greece.
By Chikako Mogi | 00:42 GMT | Reuters UK
NZ Dollar Drops Following Greek Bailout
The New Zealand dollar fell after European Union finance ministers handed Greece a 130 billion euro lifeline to avoid bankruptcy in March, the New Zealand Herald reported.
By Arlene Paredes | 23:28 GMT | IBTimes AU
Australian Dollar Outlook - 02/23/2012
Bell FX Currency Outlook: The Australian dollar has had a relatively quiet trading session overnight, despite the political uncertainty created by Kevin Rudd's resignation as Foreign Minister late yesterday.
By Christine Gaylican | 23:18 GMT | IBTimes AU
Greece Down, Spain, Portugal and Italy on the Bench and Hungary at Bat
EU Ministers are proposing to freeze 495 million EUR in EU funds destined for Hungary in 2013, the European Commission says, the first time it has ever taken such a measure. Now that Greece has been moved off the burner, the EU has taken aim at Hungary.
23:13 GMT | FXEmpire
A Boring Few Days for the EUR/USD
Yesterday, EUR/USD traders were looking for a new equilibrium after the Greek bailout deal. There was no euphoria on the agreement. On the stock market and also in EUR/USD there was even some kind of "buy the rumor sell the fact" reaction. EUR/USD didn't succeed a test of the 1.3322 range top. The markets continued all day to show worries and reacted to rumors.
15:39 GMT | FXEmpire
Australian Dollar Outlook - 02/22/2012
Bell FX Currency Outlook: The Australian Dollar is weaker this morning as concerns remain Greece will require more financial assistance despite the approval of a second bailout package.
By Christine Gaylican | Feb 21 | IBTimes AU
Euro Hits Nearly 2-week High Against Dollar on Greek Deal
The euro rose to nearly two-week highs against the dollar on Tuesday on investor relief that a bailout package for Greece finally came through after prolonged and acrimonious negotiations.
By Gertrude Chavez-Dreyfuss | Feb 21 | Reuters


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