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Day: November 12, 2012
November 122012
US Dollar Mixed as Forex Traders Consider the Future
US dollar is mixed today as Forex traders consider what is likely to be next. Earlier, the greenback saw some general gains against high beta currencies, but has since lost ground to the euro. Concerns about Greece and the eurozone are there, but not enough to keep the euro really down today. The US dollar index has dropped a little bit after the open, even though there […]
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November 122012
Euro Struggles Higher as Greece Weighs
Euro is struggling higher against the US dollar today, gaining ground after earlier losses. Greece is weighing on the 17-nation currency, limiting its gains and causing a certain amount of wariness. Greece is looking to raise funds this week. The embattled country is on the verge of defaulting on 5 billion euros of debt. Unfortunately, there are projections that a treasury bill auction to be held by Greece on Tuesday will only […]
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