| Forint slides after EU, IMF suspend Hungary talks (AP) Hungary s currency slid against the euro on Monday after the European Union and the International Monetary Fund broke off talks on the country s bailout package, demanding bigger spending cuts. finance.yahoo.com |
Euro, British Pound Lose Ground as Market Sentiment Falters, U.S. 2Q GDP on Tap (DailyFX) The Euro pulled back on Friday and slipped to a low of 1.2980 during the overnight trade as investors scaled back their appetite for risk, and the shift in mark sentiment could lead the EUR/USD to retrace the advance from earlier this week as the economic docket is expected to show the world’s largest economy expanding at a slower pace in the second quarter. finance.yahoo.com |
Wall St up on good US jobs news Equities in the US gained as a larger-than-expected fall in jobless claims helped underpin a positive outlook for the economic recovery.US initial jobless claims declined by 27,000 to 451,000 last week, Labor Department figures... nzherald.co.nz |
Euro rises, Bunds turn lower after German Ifo [at Reuters] - The euro rose to a session high against the dollar and sterling on Friday while European shares pared losses and Bund futures turned negative after a German business climate survey came in above expectations. us.rd.yahoo.com |
FOREX-Euro erases gains vs dollar after Juncker comments The euro erased gains against the dollar in early New York trade on Friday after Eurogroup Chairman Jean-Claude Juncker said he was not happy with the euro zone single currency reaching $1.4000. us.rd.yahoo.com |