Foreign exchange markets reserved judgement on Greece's place in the euro and the overall solidity of the common currency project on Monday.» Read More
Keagan York, Head of FX Strategy of Compass Global Markets, says the euro is currently holding firm as investors' appetite to short the currency is waning although the outlook for the currency looks bearish.
The euro hit a six-week high against the dollar on Monday, with some investors trimming bets against the single currency on signs Germany may be open to a Greek debt write-down.
The euro rose to its highest in more than five weeks against the dollar on Friday, heading for its fourth straight month of gains, as investors clung to hopes that U.S. politicians would reach a fiscal deal before the end of the year.
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Paul Mackel, Head of Asia Currency Research at HSBC, says worries about the fiscal cliff will keep the euro well-supported, with a move to 1.35 seen likely by the end of the year.
The political squabbles are continuing as the fiscal cliff approaches, but this strategist has a trading plan.
Financial markets react negatively to three dangerous games of chicken being played out around the globe.
Aid to Spain eases that country's pain but Greek drama still weighs on the euro — it's time for your FX Fix.
A Greek aid deal briefly lifts the euro and the OECD issues a warning — it's time for your FX Fix.
Jeremy Hook, Investment Director at TMS Capital, says he sees potential for the RBA to ease policy further and expects a 25 basis point rate cut in December.
The euro awaits Greek aid and the Bank of Japan has some new doves — it's time for your FX Fix.
The euro has rallied against the Australian dollar, but this pro says it can't last.
The Greek drama plays on and the Brazilian real crosses a line — it's time for your FX Fix.
Boris Schlossberg, Managing Director of FX Strategy, BK Asset Management explains why he thinks the Euro is on the upside in Asian trade. He adds that it's a near certainty that Greece will soon receive its next tranche of aid.