Posted On: May 17, 2012
The value of the shared currency of the European Union declined against the world's reserve currency again on Thursday as ongoing concerns in debt-hobbled Greece and Spain warded away trader and investors' interests in assets considered more risky.
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Posted On: May 17, 2012
Gold futures reversed four trading sessions of losses on Thursday, climbing as much as 1 percent amid demand for the yellowish metal following its steep losses.
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Posted On: May 17, 2012
Conjecture about deepening severity of the sovereign debt scourge in the euro zone should Greece pull out of the 17-nation bloc dragged down the Canadian dollar for a fourth consecutive day on Thursday.
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Posted On: May 16, 2012
The value of the monetary unit of Australia dropped against the world's reserve currency on Wednesday, pulled down by ongoing political uncertainty in debt-hobbled Greece.
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Posted On: May 16, 2012
Gold futures fell for a fourth-straight trading day on Wednesday and entered a bear market after having lost 20 percent of their value since establishing a record high price early this past September.
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Posted On: May 16, 2012
Concerns about Greece leaving the euro zone drove down the Canadian dollar on Wednesday as investors shied away from assets considered more risky.
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Posted On: May 15, 2012
Gold prices scraped their lowest value in roughly 18 weeks on Tuesday following Greek leaders' inability to establish government leadership.
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Posted On: May 15, 2012
The value of the Canadian dollar dropped against the world's reserve currency on Tuesday after political leaders in Greece said that new elections will be held after negotiations between factions broke down.
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Posted On: May 15, 2012
Stronger than expected German gross domestic product numbers helped to halt the euro's fall against the U.S. dollar on Tuesday.
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Posted On: May 14, 2012
The strengthening dollar and a falling euro caused the price of gold to slip on Monday as the yellowish metal drove toward its lowest price since the middle of this past January.
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