Forex News

TOKYO, Jan 31 – The idea of issuing a common forex.com/category/euro/”title=”euro” >euro zone bond is an interesting one but lacks wide support within the euro zone at this point, Greece’s finance minister was quoted by Japan’s Nikkei business daily as saying. Financial markets have been gripped by the fear Athens will not be able to service its heavy debt, putting pressure on the euro and raising questions over whether fellow euro …

Jan. 30 (Bloomberg) — The euro recorded its biggest monthly drop in a year against the yen and fell versus the dollar as concern Greece won’t be able to meet its debt obligations spurred a retreat from riskier assets.

Jan. 30 (Bloomberg) — The pound posted a weekly advance against the euro after the U.K. economy exited recession in the fourth quarter and Bank of England policymaker Andrew Sentance said the central bank may have to act to hold down inflation.