Today's trading commentaries
Greenback gains from Greek grief
16 February 2012, Michael Derks, FxPro
Noticeable over the past week has been the increasing flight back into the dollar as concerns over Greece mount once more.
Bank governor dashes pessimists’ hopes
16 February 2012, Mark Deans, Moneycorp
It's funny how, since Moody's started to swing its downgrade machine gun across Britain's credit rating, a triple-A is no longer so overwhelmingly crucial to the country's financial well-being.
Greece goes public as Germany looks to cut them adrift
16 February 2012, Mark O'Sullivan, Currencies Direct
Things are getting ugly. Greek ministers have raised the stakes in the ongoing battle between the Hellenic republic and their EU and IMF paymasters.
China’s flight from the dollar
16 February 2012, Michael Derks, FxPro
Increasingly apparent is China’s preparedness to reduce its exposure to the dollar and the obligations of the US government.
Is a war in Europe brewing?
16 February 2012, Simon Denham, Capital Spreads
You’d be forgiven for thinking that parts of Europe were gearing up for a war after the comments that have been made around the continent in recent days.
Australian jobs data looks strong – but details not so impressive
16 February 2012, Andrew Timothy Robinson, Saxo Bank
The Australian employment report for January was the highlight of today’s Asian session and produced a strong response to an above-forecast headline.
Sterling rose sharply against the euro yesterday
16 February 2012, Mark Bolsom, Travelex
Sterling rose sharply against the euro on Wednesday amid signs European leaders are re-considering plans to save the Greek economy.
Another missed opportunity to break ground in Greece
16 February 2012, Richard Driver, CaxtonFX
Yet another opportunity to break some ground in Greece was missed at yesterday’s gathering of eurozone finance ministers.
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