Euro Gains Against Majors Amid Greek Debt Impasse; Yen Declines

The euro gained against the majority of its most-traded counterparts as the central bank saw signs of stabilization? in the region and investors speculated Greece would convince European leaders to release its aid package.

Euro-region Debt Sales Top $29 Billion This Week Amid Fitch Cuts

European nations including Italy, Belgium and Spain sell no less than 22 billion euros of securities this week as credit-rating cuts risk upending optimism the region’s debt crisis is being contained.

France’s AAA Status in Tatters as Yields Surge: Euro Credit

Investors aren’t waiting for Standard & Poor’s or Moody’s Investors Service to strip France, Europe’s second-biggest economy, of its top credit rating.

Greece gets closer to the brink: Merkel and Sarkozy to hold talks over debt crisis

As fears grow of an imminent debt default by Greece world leaders have urged Europe to prevent the euro area debt crisis from spiralling out of control.

Euro Rally Finally Finds Some Resistance After S&P Issues Warning on Greece

Although we do not expect much to happen in the way of any significant price action developments on Monday, given the market closure in the US for the 4 th of July holiday, overall price action has certainly been quite interesting in recent days. (1 hour ago)

Dollar Falls a Third Day Before German Exports, U.S. Job Reports

The dollar declined for a third day against the euro before reports forecast to show German exports increased for a second month and U.S. initial jobless claims fell, adding to signs the global economy is improving. (20 mins ago)

Asian Stocks Rally From Weekly Drop; Euro Nears Two-week High

Asian stocks advanced, helping the region’s benchmark index rebound from its first weekly drop in six, the euro traded near a two-month high against the dollar and commodities gained as companies reported higher profits and on speculation data this week will show improved global growth. (1 hour ago)

Euro Rises Third Day on Prospects Asia Bond Buys to Stem Crisis

The euro rose for a third day against the dollar on speculation bond purchases by Asian nations will help stem a funding crisis in Europe. (31 secs ago)

Australian, N.Z. Dollars Drop 2nd Day Versus Euro on Greece Aid

March 29 — The Australian dollar fell to the lowest in more than a week versus the euro after European leaders endorsed a plan to aid debt-stricken Greece. New Zealand’s currency also declined. (2 hours ago)

Dollar Declines as Recovery Optimism Reduces Demand for Safety

Oct. 26 — The dollar touched a 14-month low versus the euro as an advance in Asian stocks and signs the global economy is recovering reduced demand for the greenback as a refuge. (1 hour ago)