MEG prices plunged in Asia on Monday. Dull regional buying interest, sluggish downstream product demand sentiments coupled with the fall in upstream ethylene values, together pushed prices lower across the Asian region. 109 more words
The EUR/USD pair hit a low of 1.0970 when the markets opened this morning, after the result of the Greek referendum. However, there has now been a recovery and the pair stands just short of 1.1100. 39 more words
The result of the Greek referendum has had an effect USD pairs and EUR crosses, as might well have been expected. In the cases of EUR/JPY and EUR/GBP there could be chances to sell the euro as the gaps at the opening begin to close. 32 more words
Greece voted ‘No’ on the terms of Austerity, EUR/USD opened up for the week around 100 points lower than last weeks close. EUR/USD lower currently at 1.1030, GBP/USD lower at 1.5550 and AUD/USD at 0.7504.