Article Feed
Twitter
Pressure on Greece after wider budget deficit
04/23/10 by Daily Forex Snapshots
Filed under Forex & Futures
|
The AUDJPY fell 0.3% to 86.47 and NZDJPY traded at 66.40 after a wider-than-estimated budget gap in Greece increased prospects the nation will accept a bailout and damped demand for higher-yielding assets. Both currencies pared a weekly gain as Greece’s 10-year bond yield rose yesterday to almost triple the rate on benchmark German bunds as Moody’s downgraded the Greek government’s debt ratings…. | ||||||||||||||||||||
Comments
Tell us what you're thinking...