Posts Tagged ‘cyprus’

by FXSecretAgent©on July 2, 2014 5:34 pm BST

Euro edges down on Cyprus worries, Italy political deadlock

by Forex Rooton March 29, 2013 7:45 am BST
The euro hovered near a four-month lows on worries that losses suffered by Cypriot depositors may unnerve investors in other euro zone debt and on Italian political woes, but market participants also said the single currency seems to have found a bottom for now. Trade was, however, subdued with many markets closed for Easter holidays, […]

Euro at four month low on Cyprus deal jitters

by Forex Rooton March 26, 2013 7:07 am BST
The euro languished near four-month lows against the dollar on Tuesday, held back by fears that future euro zone bank rescues will involve a tax on depositors, while the yen struggled after Japan’s central bank chief reaffirmed a commitment to bold easing. The common currency rose 0.1 percent to $1.2864 (8473 pence) after having hit […]

Euro Advances as Cyprus Bailout Approved

by Forex Rooton March 25, 2013 6:32 am BST
The euro rose versus most of its major counterparts as finance ministers from the currency union approved a bailout plan for Cyprus, reducing the risk of a default and a disorderly exit for the nation. The 17-nation currency rebounded from its biggest weekly loss in six against the yen as the so-called troika of international […]