Supervisors at the European Union say they have not yet made a decision on whether they will identify the banks undergoing stress tests. The Times of London reported today that “regulators are expected” to release the names of the banks tomorrow. A spokeswoman for the EU is the committee “hasn’t made an official decision yet.” The results of the stress tests are set to be released on July 23.
1. EUR/USD tanks near critical-critical (!!!) January low of 1.2623. Will it hold?2. Moody's downgraded 16 Spanish banks, shifting the focus to Spain and its banking sector.3. The yen was the main ben...
1. USD rally stalls as Fed shows readiness to help the economy if it is needed. 2. The ECB announced they were no longer ready to lend funds to some of the Greek banks. The default of Greece is nearin...
1. Gold broke through its support line. Last time it hit current levels, it only stopped at $1522.2. Better than expected German GDP helped EUR/USD up today. 3. AUD/USD returned to parity, but this ti...
1. EUR/USD opened with a gap down again. Now trading at 4 months low and below 1.29. 2. Possible reasons for EUR/USD fall: Greece was unable to form a government over the weekend and Merkel's party su...
Add a comment