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  • North American Edition2015-07-01 11:15 UTC

    The euro popped higher on news that Greek PM Tsipras is prepared to accept bailout conditions, but subsequently gave back most of those gains, leaving EUR-USD near net unchanged in the low 1.11s. The forex market seem more wary than stock markets, as the pan-Europe STOXX 600 equity index was showing a 1.6% gain in the early PM session. German Finance Minister Schaeuble still took tough line on Greece, saying the letter from Tsipras that accepted most of ... Read More 

  • European Edition2015-07-01 06:57 UTC

    EUR-USD has come under pressure in early Europe trade, dipping to 1.1122, though still shy of the 1.1112 low seen yesterday. Greece defaulted on its IMF repayment and markets will remain on tenterhooks as policymaker wranglings continue. French finance minister Sapin said that the goal is achieve a Greek accord before Sunday's referendum "if possible," but most won't believe it until they see it. There are also expectations for a decent U.S. payrolls ... Read More 

  • Asian Edition2015-06-30 17:07 UTC

    The dollar perked up on encouraging U.S. data, including chain store sales, Case Shiller home prices and consumer confidence, which collectively offset a disappointing Chicago PMI. USD-CAD found added support from an unexpected 0.1% dip in Canadian April GDP. EUR-USD dropped to a low of 1.1112 before settling around 1.1150 , still around a big figure down on the day's peak. USD-CAD punched through last Wednesday's high at 1.2423 on route making a ... Read More 

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