Euro steadies despite Greek worries The euro regained a foothold in early deals in London, investors choosing to take some profit on two days of steep losses after Greece election results.
PRECIOUS-Gold slips as equities recover after Greek vote LONDON, Jan 26- Gold fell 1 percent on Monday as traders cashed in gains that took the metal to five-month highs last week, with the wider markets recovering ground lost after an anti-austerity party won elections in Greece. Greek leftist leader Alexis Tsipras, whose Syriza party swept to victory in a snap election on Sunday, was set to become prime minister of the...
| By: Jan Harvey
Will euro hit parity? Most likely! With the Greece election results, Steven Englander, global head of G10 FX strategy at Citi discusses how easily the euro currency could fall to parity against the U.S. dollar.
FOREX-Euro steadies despite Greek worries LONDON, Jan 26- The euro regained a foothold in early deals in London on Monday, investors choosing to take some profit on two days of dramatic losses after the results of elections in Greece sent the single currency to an 11- year low. Dealers and analysts in London said the most likely next move was still down but that the European Central Bank's announcement of...
| By: Patrick Graham
UPDATE 2-Oil falls more than 1 pct as euro tumbles after Greek election March Brent crude fell 71 cents to $48.08 a barrel by 0718 GMT, wiping out light gains made on Friday after the death of Saudi King Abdullah, but it was off an early low of $47.85. Front-month WTI earlier slid to an intraday low of $44.35, just above the $44.20 hit on Jan. 13, which was the lowest since April 2009. "We saw the dollar rally again on Friday and this was largely on...
| By: Florence Tan
METALS-Copper slumps to 5-1/2-year low on strong dollar, technical selling *Shanghai copper hits downside limit, at lowest since July 2009. SINGAPORE, Jan 26- London copper tumbled as much as 3 percent on Monday to its lowest level since 2009 as a stronger dollar fueled an aggressive sell-off that dragged down prices in Shanghai by 5 percent. A slide in the euro to 11- year lows against the dollar after Greece's Syriza party promised to roll...
| By: Manolo Serapio Jr
GLOBAL MARKETS-Euro, stocks slip as Greece set to reject austerity *Euro hits 11- year low in knee-jerk reaction to Greece vote. *Investors see limited fallout from Greece in longer term. TOKYO, Jan 26- The euro skidded to an 11- year low and stock prices fell on Monday as Greece's Syriza party promised to roll back austerity measures after sweeping to victory in a snap election, putting Athens on a collision course with...
| By: Hideyuki Sano
How quickly will the euro hit dollar parity? The euro came under pressure on Monday after Greece's leftist party Syriza won Sunday's snap election. In light of this, how quickly do you think the euro will hit parity with the U.S. dollar?
| By: CNBC.com staff