Mon, Sep 15, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

LatAm currencies volatile on Europe concern

Posted on 28 November 2011

Brazil’s real whipsawed in afternoon trading on Friday, as further negative developments in the euro-zone debt crisis and low trading volumes kept volatility high. Pressure has continued to build on the euro zone as talks by the heads of Germany, France and Italy on Thursday failed to find a solution as Germany opposed a joint euro-zone bond and a bigger role for the European Central Bank to stem the crisis.

Adding to that pressure, Italy paid a record 6.5 percent to borrow over six months on Friday and its longer-term borrowing costs soared far above levels seen as sustainable for public finances………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 36905 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930