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Tag Archives: debt

OK, Let’s be Franc

WASHINGTON — President Obama yesterday met France’s new Socialist president for the first time and emerged calling for both budget cuts and a “strong growth agenda” to ease the Eurozone debt crisis — which threatens to roil the world economy and with it Obama’s re-election bid. Obama touted the two-prong…

Posted 19 May 2012 † admin § Forex News ‡ Comments (0) ° Also tagged: , , , , , ,

Euro zone fears starting to hit trade, financing

The euro zone debt crisis is affecting trade as companies shy away from dealing with firms and banks in countries deemed at risk of contagion, a senior banker said on Thursday. Tan Kah Chye, London-based …

Posted 18 May 2012 † admin § Forex News ‡ Comments (0) ° Also tagged: , , , , , , ,

Yen Falls vs. Majors as Traders Anticipates Intervention from BoJ …

Many 10000-yen notes The Japanese yen fell against other major currencies today on speculation that the Bank of Japan will continue its efforts to weaken the currency. Even fears of the European debt crisis were not been ..

Posted 18 May 2012 † admin § Forex News ‡ Comments (0) ° Also tagged: , , , ,