Monthly Archives: January 2012

What the Greek?

The permanent debt relief plan for the European Union is still being discussed, but pessimists ruled the market. The governments within the EU are struggling to create jobs and promote growth, but the debt talks that were supposed to originally …

Where is the Yen

Japanese Economy

Japan recently posted a trade deficit for the year 2011. This is the first deficit that Japan has reported in 31 years, making it very newsworthy. The deficit stood at 2.49 trillion yen, or about $32 billion in U.S. funds. …

The Pound Versus Everything

The British pound sterling is currently struggling to hold its value, despite the good news out of the Euro zone that Greek debt talks are nearing an end. The pound had a minor rebound on Monday, January 23, 2012, but …

Euro Currency Still Under Pressure

EuroZone Map

The biggest worry of the Forex market is now Greece. Talks in Greece have been met with skepticism of whether or not the nation can repair its economic situation. The country is looking for a second bailout, but no decision …

Borrowing of Money Falls

The Euro’s price has dropped considerably in relation to the U.S. dollar over the last three months. The surplus cash held by European banks has helped a little bit, but the debt crisis has overshadowed this. Prices have dropped from …