Reports of Meeting Over Greece On Friday "Totally Wrong Rumors"
MarketCall.net -- May 07, 2011 Euro falls to lowest in more than two weeks on Friday and headed for the worst week against the dollar since January after a German news report, later denied, suggested Greece has raised the possibility of leaving the euro zone. Spiegel Online reported eurozone finance ministers met in Luxembourg on Friday to discuss Greece, including issues that might come out of the currency bloc. Greece, through its Ministry of Finance, then denied it is considering leaving the euro zone. Greek main news was enough to send even more investors unwinding their long positions on the euro, which hit a low $ 1.43500, the lowest level since April 20 on electronic trading platform EBS. "In markets that already sell the Euro because the statement the ECB (European Central Bank) soft lines, which (euro) getting hit hard and impossible to find a basis for some time ... even if there is refusal." In late afternoon New York trading, the euro traded near $ 1.4315, down more than 17-month peak of $ 1.49404 on Wednesday scale. With a weekly loss of 3.2 percent, the euro was on pace for worst week against the dollar since January. Some traders, though, said the euro is still possible to gain against the dollar in the medium term, as the euro zone interest rates expected to rise much faster than in the United States. The euro fell nearly 2 percent on Thursday after ECB President Jean-Claude Trichet signaled possible rate hike next month but do not let the door open to move in July. Dollar, meanwhile, also got a boost from data showing U.S. employers added 244,000 jobs last month, far above what economists had expected. That boosted the U.S. bond yields and improve the attractiveness of the dollar against the yen. This is the last in the near 80.46 yen. It also offered respite for a market that was trying to digest a recent run of weaker-than-expected Jobs U.S. data that some feared pointed to a slowdown in the pace of U.S. growth. Source : http://www.marketcall.net/ ------------------------------------ Kunjungi situs http://www.info-saham.com untuk informasi seputar saham. SEMUA POSTING DI MILIS INI TANGGUNG JAWAB PENGIRIM EMAIL DAN BUKAN ADMIN MILIS. SEMUA POSTING DI MILIS INI BUKAN UNTUK MENGAJAK MEMBELI ATAU MENJUAL EFEK. SETIAP KEPUTUSAN INVESTASI MENJADI TANGGUNG JAWAB PIHAK PEMILIK INVESTASI ATAU PEMILIK MODAL. [email protected] untuk berhenti dari milis saham [email protected] untuk bergabung ke milis saham Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/saham/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/saham/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
