February 9th, 2010

Greek rescue speculation helps euro bounce back

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  • Posted February 9, 2010 at 6:58 pm

The euro pulled away from an eight-month low against the dollar on Tuesday as speculation of an imminent bail-out for Greece squeezed short positions against the single currency

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Filed under: Market News

Traders make $8bn bet against euro

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  • Posted at 6:58 pm

Data from the Chicago Mercantile Exchange show net short positions against the single currency rising from 39,500 contracts to 43,700 contracts, equivalent to $7.6bn

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Short View: Sterling under pressure

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  • Posted at 6:58 pm

The pound is caught in global cross-currents, but its future direction may be in the hands of its own central bank and of the UK’s voters, writes John Authers

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Filed under: Market News