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Saturday, 30 July 2011

Currency News

Debt fears drive demand for Swiss franc and yen
Euro under pressure as Moody's rating agency 
issues warning over Spain.

US growth and budget standoff woes hurt markets
Worries about the pace of US economic growth
 have joined Washington and eurozone fiscal 
woes to batter risk-weary investors.

Quick View: Chipping away at European inefficiency
Friday launch of 'preferred interoperability' by trading 
platform BATS and clearer Euro CCP is only a small 
first step in tackling inefficiencies of Europe's 
clearing landscape 

Euro falls on fresh sovereign debt worries
The single currency suffers as worries over eurozone 
government debt resurface after Italian borrowing costs 
rose sharply at a bond auction

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