Posts Tagged ‘bailout’

Greek Talks On Bailout Stall Once Again as Euro-Zone Trading Slows

Monday, June 15th, 2015

Following an ease of momentum concerning the Euro-Zone data, online forex trading has slowed down for the second week of June. On the back of a promising first week of the month, the fears of a possible default on payments from the Greek government and a Euro-Zone exit have resurfaced after negotiations in Brussels broke down.

The Greek bailout agreement

Wednesday, February 11th, 2015

Greek bailout by EUIn the latest round of online Forex trading news, it seems that the bears still have a strong hold over the euro.

It should be no surprise that Greece has played a central role in this recent doom and gloom.

As their government is now hinting (not so subtly) that they wish to renegotiate the terms of their previous bailout, rumours are spreading that the stability of the European Union may once again come into question.

Euro Showing Short Term Improvement Following Cyprus Bailout

Tuesday, March 26th, 2013

European map with CyprusAs Cyprus finally manages to come to an agreement with international lenders over a 10 billion euro bailout, the Euro has seen some positive movement in response. Finally pulling away from its four month low, this morning the central European currency achieved an online trading value of $1.3040, an improvement which has been desperately sought by Forex traders across the world.

Short term fluctuation

However, though euro zone finance ministers were quick to endorse an agreement which should stop Cyprus facing total financial ruin, many investors are not seeing this positive step in Euro value as anything other than a short term fluctuation. (more…)

How to trade Euro on the Cyprus bailout?

Tuesday, March 19th, 2013

European Central Bank Cyprus bailoutThe most prominent online trading news for this week is the unfolding situation in Cyprus. We have seen the Euro lose more value as the EU continues to pressure Cyprus to come to a consensus regarding the 5.8 billion Euros needed to save the ailing country from a disorderly default and a messy exit from the European Union.

Although this 5.8 billion was initially to come from the mandatory levy on all citizens’ bank holdings, severe protests and mass withdrawals of capital have made this move, at least as it currently stands, all but impossible.