Dollar strengthens on renewed Greek concerns

Source: Bloomberg
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US Dollar climbed against Euro Zone currency as Europe's finance minsters refused to provide bailout funding for Greece as long as Greek officials implement the austerity plan. Greenback appreciated 0.2% to USD 1.3258 in London morning trade and strengthened versus Japanese Yen to JPY 77.64. Currently EUR/USD is trading at 1.3203.
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Fri, 10 Feb 2012 08:03:46 GMT

European stocks lifted on Greek hopes

European stock markets closed higher on Thursday as Greece announced it reached consensus on austerity plan. Stocks were also supported by US jobs statistics. Stoxx 600 Europe added 0.2%, while German DAX index gained 0.6%. French CAC 40 advanced 0.4% and FTSE 100 climbed 0.3%. 

Fri, 10 Feb 2012 10:48:36 GMT

Oil climbs on Thursday on speculation for more demand

Crude oil futures to be delivered in March closed higher on Thursday, prolonging their advance for a third consecutive session, as developments  in Greece amid fall in U.S. unemployment claims boosted hopes for bigger oil demand. March crude futures advanced 1.1% or USD 1.13 and finished at USD 99.84 per barrel on the New York Mercantile Exchange. Weaker dollar also

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