http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/30/With sentiment over the disappointing US GDP release permeating markets on the session, it’s no surprise the that the single currency is higher against the US dollar. But, it’s not only US economic data that is supportive of Euro strength. There’s also good news to report out of Europe. Sentiment Surprise European Commission surveys showed that morale remained uplifted in the month of January. According to the commission’s survey on consumer sentiment, optimism over the fading European UnionWed, 30 Jan 2013 15:30:55 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/30/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/28/The lack of any real economic data has kept currency volatility relatively at a standstill to begin the last week of January trading. This has helped to keep the Euro relatively stable ahead of resistance at the 1.3500 psychological figure. Incidentally, the barrier holds the key to any directional bias for the single currency in the near term. Technically Speaking With the recent upside move, the EURUSD has run into resistance at 1.3500. The round figure holds some formidability, given itMon, 28 Jan 2013 15:53:12 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/28/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/25/Another positive release has the Euro up and over the 1.3400 psychological resistance in end-of-the-week trading. The break is key as it opens up the possibility of the single currency pushing ahead of the next level of resistance – which lies at 1.3540. So, what’s behind the big push higher? Confidence Abound Reinforcing the notion of a better than expected turn around in the German economy, the Ifo Institute released business sentiment results that rose above expectations. For the thirdFri, 25 Jan 2013 14:57:08 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/25/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/17/Rising off of 1.3265 support, the EURUSD has moved higher on the session and is set for another test of 1.3400 in the near term. Behind the move are three key themes that are bullish for the single currency and may make the difference on whether the pair successfully breaks through the formidable barrier. Spanish Debt Auction In the second high profile auction of the year, the Spanish Treasury once again held a successful short term bill auction that witnessed plenty of investor demand.Thu, 17 Jan 2013 14:06:54 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/17/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/16/In a surprising announcement, World Bank officials have downgraded growth forecasts for the global economy in the upcoming year. The announcement is weighing heavily on major currency advancements, particularly the EURUSD. Continuing off of yesterday’s decline, the single currency still remains below 1.3320 support. World Bank Lowers Growth Officials at the Washington based bank today forecasted global growth to remain lackluster in 2013, as austerity measures will continue to crimp growth inWed, 16 Jan 2013 16:07:27 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/16/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/15/Failing to break higher above the 1.3400 psychological resistance barrier, EURUSD has slumped lower – towards a likely test of 1.3300. Behind the move are growing concerns of a rate cut by one of the big three global credit agencies, despite better than expected results from a Spanish bond auction. Fitch Outlook Remains Negative Ahead of an impending debate over the US’s $16.4 trillion debt ceiling, Fitch Ratings issued a renewed warning to the US economy. Announcing that the agency anticipatesTue, 15 Jan 2013 16:49:04 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/15/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/14/With little to bearish economic data on the day, it’s a surprise that the EURUSD is continuing to surge higher on the session – towards an 11-month high. The move is leaving everyone in the market wondering – what’s driving the Euro? ECB Rate Cuts No Longer An Option On the heels of last week’s European Central Bank decision to keep rates at the current 0.75%, ECB President Mario Draghi noted that EU economic conditions had improved in recent months as sovereign default insurance and EU bondMon, 14 Jan 2013 17:22:41 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/14/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/10/The Euro continues to surge off of support via the 1.3034 support figure in early afternoon trading, penetrating the 1.3150 figure. Behind the more than 1% surge on the day are two key events that are sure to further support EURUSD bullishness for the rest of the week. Spanish Bond Yields Lowest In 10 Months On the heels of a successful 10-year bond auction, Spanish bond yields hit the lowest level since the end of the first quarter 2012. According to official auction results, the SpanishThu, 10 Jan 2013 16:32:54 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/10/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/09/Extending on the close below 1.3100 psychological support, EURUSD continues to decline on the session. The move lower is seen as a simple extension of the technical break, bolstered by bearish data that continues to fuel speculation over an ECB rate cut decision tomorrow. Lackluster GDP According to Eurostat data, the European economy contracted by a finalized 0.1% in the third quarter of last year. Although relatively expected by the market, the final GDP figure confirms what has been knownWed, 09 Jan 2013 16:29:31 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/09/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/08/Economic releases continued to point towards further contraction in the 17-member region, lending to some Euro selling on the session. According to government reports, weakness continued to prevail at the tailend of 2012, sparking speculation that the region may be in for another bout of recessionary conditions in 2013. The sentiment is keeping the EURUSD rate below psychological resistance at 1.3200. German Factory Orders Plummet In relatively surprising fashion, factory orders for theTue, 08 Jan 2013 15:21:23 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/08/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/07/According to the most recent gauge on producer prices in the European region, prices actually fell on an annualized basis. The dip increases speculation, and the likelihood, that European Central Bank officials may cut rates by 25 basis points when they meet later this week - ultimately keeping the EURUSD exchange rate below pivotal resistance via the 1.3300 for the near term. Report Details Taking a look at the Eurostat report, and it’s easy to see why speculation has surged over a potentialMon, 07 Jan 2013 16:21:32 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/07/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/03/Failing to rise above 1.3200 round figure resistance, EURUSD has plummeted to trade as low as 1.3081 on the day. The move has been predicated on warnings issued by global credit agencies and has disregarded more optimistic economic developments in the European Union. Unfortunately, the sentiment is seen as remaining intact as we head into afternoon trading. Moody’s Warns US Following the aversion of the US Fiscal Cliff, analysts at Moody’s Investors Services reiterated their warning that the USThu, 03 Jan 2013 16:35:00 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/03/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/02/Gaining by over 0.3% on the day, EURUSD has surged on the announcement of a Fiscal Cliff deal and higher than anticipated German consumer prices. The rise has left the single currency still trading above 1.3200 at the moment, with the potential to move higher. Fiscal Cliff Averted In a last minute effort, Congressional leaders passed a bill that would allow the US economy to avert the Fiscal Cliff. The bill includes higher taxes for the top 1% of US income earners, particularly wage earnersWed, 02 Jan 2013 15:27:21 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2013/01/02/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/28/Trading above 1.3235 support in the overnight, EURUSD declined through till 1.3165 as bearish economic news and a less than expected bond auction weighed on the single currency. The two events were exacerbated by speculation that Spain will tap the European Central Bank’s fund for troubled nations next year. All in all, a bad day to be long the Euro. French GDP Dips According to the French National Institute for Statistics and Economic Studies, overall gross domestic product for the thirdFri, 28 Dec 2012 14:34:36 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/28/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/27/The single currency remains ahead of the US dollar on the session – making it the fourth day in five sessions where the Euro has advanced against the greenback. The move is exacerbated by thin markets before the end of the year, and three key market factors now present in the market. Fiscal Cliff Impasse Remains Political leaders return to negotiations on the Fiscal Cliff, filing back after the US holiday break. And, although the clock continues to tick down to the end of the year, it seemsThu, 27 Dec 2012 16:26:55 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/27/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/21/Failing to overtake the 1.3300 psychological round figure, EURUSD fell on the session, dipping below 1.3200. Subsequently, it looks like further declines can be expected on a technical basis, bolstered by bearish fundamentals on the session. Consumer Sentiment Dips According to the GfK Group, German consumer sentiment is likely to deteriorate in January according to recent research report findings. GfK index readings dipped to 5.6, compared to a 5.9 expected by market forecasts – the secondFri, 21 Dec 2012 16:39:04 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/21/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/20/The EURUSD proceeded higher on the session, albeit minimally, despite still low Euro-area consumer confidence and dismal retail sales figures out of Italy. Bouncing off of support at 1.3200 in the overnight, the EURUSD has gained to as high as 1.3295 in the session. Slumping Confidence For the month of December, Euro-area confidence rebounded from an almost 4-year low rising to a reading of -26.6. However, the figure still remains in bearish territory, close to November’s -26.9, according toThu, 20 Dec 2012 16:11:01 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/20/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/19/Euro bulls were out in full force on the session, bolstering the single currency higher against the US dollar. Now trading up 0.39% on the session, EURUSD gains were seen supported by two key releases in the last 12 hours. The momentum is likely to keep the major pair buoyed into the afternoon session and near its 8-month high. Ifo Improves According to the Ifo Institute, Europe’s largest economy saw an increase in optimism when it came to business leaders and their assessment of the future.Wed, 19 Dec 2012 14:41:13 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/19/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/18/The single currency remains higher following a bounce off of support at 1.3155 in the overnight, following better than expected debt sales in both Greece and Spain. With yields declining in both debt auctions, it seems that for now concerns over the European financial crisis have abated slightly ahead of the holiday season. According to the Greek state debt management office, today’s auction was well received despite the country’s status as a hotbed of risk for the European Union. The GreekTue, 18 Dec 2012 14:34:03 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/18/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/12/Rising above the 1.3000 psychological figure, the EURUSD currency pair is trading higher on the day following a better than expected short term debt auction earlier in the session. The sentiment clears the way for an incremental move higher in the single currency ahead of the Federal Reserve decision later this afternoon. Bullish Auction According to Department of Treasury data, funding costs fell in the latest 12-month Treasury bill auction. Official figures show healthy demand pushed yieldsWed, 12 Dec 2012 15:17:00 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/12/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/11/Bouncing higher off of support via the 1.2900 round figure, the EURUSD currency pair is higher on the session following a much better than expected ZEW survey figure. On the surface, the results are widely bullish. However, when taking a deeper look at the optimistic drivers, it may mean the uptick in sentiment is likely temporary. Report Findings According to the December release of the ZEW survey, the Mannheim based research center showed investor confidence reaching a 7-month high. AgainstTue, 11 Dec 2012 15:32:17 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/11/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/10/Although the single currency is higher on the day, it’s abundantly clear that the recent resignation by Italian Prime Minister Mario Monti is keeping Euro bulls at bay. The prime minister is now scheduled to step down following the 2013 budget vote taking place before the end of the year – instead of serving till April of next year. The announcement changes the political landscape of the largest of the troubled peripheral nations, and will likely add to recent pessimism when it comes to theMon, 10 Dec 2012 15:23:37 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/10/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/07/Another round of cuts in growth forecasts, this time from the European Union’s largest economy, and lackluster economic data has added to already growing Euro bearishness in the session. The two events are exacerbating fears of a prolonged contraction in the European economy – not a good thing for the Euro. Germany Cuts Forecasts In a surprising announcement, Germany’s central bank released forecasts for growth in 2012 that fell far below earlier estimates. Citing the overall region’sFri, 07 Dec 2012 14:45:36 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/07/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/06/Lower by 0.73% in the morning session, the EURUSD is being weighed down by major developments in Europe. Specifically, sparks of political instability in one of the troubled EU members, as well as a pessimistic outlook on Europe’s growth potential is making it difficult for traders to be bullish the Euro. The sentiment has traders and technicians eyeing the 1.2900 as the next viable support barrier. Europe To Remain Weak Although leaving the benchmark interest rate at 0.75% early in theThu, 06 Dec 2012 16:46:34 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/06/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/05/Everyone knows that European economic data was lackluster in the morning. Retail sales for the month slumped as the Spanish Treasury was unable to muster enough demand for their recent bond offering. But, the reports have sparked a bearish decline in the EURUSD, which has fallen by almost 70 pips on the session and remains trading below the 1.3100 psychological figure. The sharp drop off has some wondering if the Euro rally is over. Taking a look at retail sales figure for October, it’s easyWed, 05 Dec 2012 19:17:55 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/05/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/04/With the Fiscal Cliff clock still ticking down, the Euro has continued to gain ground against the US dollar – trading just shy of the psychological 1.3100 round figure. And, with both political parties still at odds over entitlements and tax revenue, it seems as if the US dollar won’t have its day just yet. Republican leaders continued to note their displeasure with White House initiatives to raise taxes on higher earners in the world’s largest economy as Democratic leaders rejected a recentTue, 04 Dec 2012 18:37:10 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/04/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/03/The Euro has continued to soar higher following the technical break above psychological resistance at 1.3000. But, it’s not just the technical break that is powering the single currency higher. With Greece adhering to newly proposed measures regarding a Greek bond buyback, it seems that Euro bullishness is going to continue for the short term. According to announcements by the Public Debt Management Agency in Athens, the Greek government is set to put aside $13 billion in order to buy backMon, 03 Dec 2012 19:43:19 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/12/03/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/29/For the second session in three, the EURUSD currency pair is higher. But, with very little economic data on the docket for the major currency, many are asking – what’s driving the exchange rate higher? Given the optimistic US political landscape and positive focus on improving conditions of previously troubled nations, it’s easy to see why the single currency continues to gain ground. Initially, today’s single currency gains can be tied to the German unemployment release earlier this morning.Thu, 29 Nov 2012 18:14:48 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/29/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/28/With the recent approval by European Union leaders on a $52 billion bailout package for Spain’s most troubled banks, the fundamental picture has improved a bit for the single currency. And, although only taking place regionally, the recent announcement is welcomed news globally amid still persistent concern over the fiscal downfall of Europe. What’s in the Bailout? The release of $52 billion in aid didn’t come cheap for a group of banks that represent about 20% of the overall country’s bankingWed, 28 Nov 2012 17:03:54 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/28/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/27/Details of the recent European summit are emerging, and it doesn’t look good for the Eurozone. Although the outlined measures will allow Greece a lot of leeway when it comes to their current debt load and near term bailout funding, it seems recent developments are just reflective of a last ditch effort by European policymakers. The notion will weigh on any further advance by the Euro. Greek Bailout Details According to the official communiqué, Greek bailout aid will be accompanied by severalTue, 27 Nov 2012 16:19:34 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/27/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/26/Speculation is high that European finance ministers will come to an agreement later this afternoon, releasing $40-plus billion in aid to Greece. But, there still lies the potential for leaders to delay the decision once again, which would be considered bearish for the EU and the Euro. Here are two key themes at play. IMF Demands It would be easier if European finance ministers were left to their own decision making. However, with the IMF fitting the bill for about one-fifth of the overall 246Mon, 26 Nov 2012 18:46:47 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/26/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/22/  With all the talk of a Greek bailout, and the contested Eurozone budget, a simple fact has been overlooked – the sustainability of the European Stability Mechanism.  Given recent dissension from IMF officials and the negative outlook over Europe, could the mechanism built to bring the Eurozone from the brink actually be taking it there instead?  One of the main disagreements hindering a Greek bailout in the near term seems to be taking place between European officials and theThu, 22 Nov 2012 18:27:43 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/22/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/21/With Eurogroup finance ministers unable to come to an agreement on Greece, the EURUSD has remained in relative consolidation for the second day in a row.  The range trade has kept hopes alive that the single currency could be privy to some upside potential very soon.  But, even as policymakers are scheduled to reconvene on November 26th to decide the fate of Greece, there is ample opportunity for Euro bears to pounce. EpicFail By now everyone in the market knows that European leadersWed, 21 Nov 2012 18:16:27 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/21/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/20/For now, it seems the answer is yes – and very much so. With European finance ministers meeting in Brussels today, Greece continues to be the topic du jour. And as complications arise, it seems that there’s more to the release of $41 billion in aid than previously thought. In particular, the refinancing of Greece’s long term debt as well as restructuring of the terms has surfaced as a hot topic for European finance ministers.  The situation has placed European policymakers at oddsTue, 20 Nov 2012 17:03:52 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/20/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/08/With the narrow passage of new austerity measures by GreekPrime Minister Antonis Samaras and his coalition government, attention will be squarely on the upcoming Euro finance ministers meeting on November 12th. Although many in the market are assuming that this will mark the end of the crisis, the majority remains unconvinced.  Here’s why.   Greek Budgetary Vote Ahead Although coalition government representatives were able to muster a 153-128 victory for the new round ofThu, 08 Nov 2012 17:06:10 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/08/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/02/Heading into the weekend, bearish pressure is keeping EURUSD down on the session ahead of a key austerity vote next week by the Greek government. Prime Minister Antonis Samaras is having to contend with defections from the socialist Pasok party as well as contention from other party’s involved in the current coalition government. As for now, estimates are now looking at a close vote, with the coalition expected to muster up around 153 votes. This is in comparison to a required 151 of the 300Fri, 02 Nov 2012 17:25:13 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/11/02/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/07/27/In June during the last International Traders Conference in Barcelona, Ed Ponsi said in his speech, 'The Future of the U.S. Dollar,' that the reason Germany doesn't print money is that they still remember the 1-billion mark bill. I've been keeping this phrase on my mind during the last month as I've always believed that money is the tool to make better societies even if governments have to invest more money. But I also think that the current countries' leveraging levels are unsustainable. So IFri, 27 Jul 2012 06:42:54 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/07/27/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/06/01/02/   John Kicklighter PROFILE: John Kicklighter is the senior currency strategist for FXCM in New York where he specializes in combining fundamental and technical analysis with money management. John authors a number of regular articles for DailyFX.com   View profile at FXstreet.com What will happen with Greece? Which will be the ripple effect consequences? These are some of the questions that everyone has in mind lately. We have asked John Kicklighter, senior currency strategistFri, 01 Jun 2012 11:39:28 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/06/01/02/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/06/18/02/The disaster has been avoided, the Greeks voted pro-Euro in an elections day that had the whole world holding their breath as the future of Europe and the financial markets were at the stake. The pro-bailout party New Democracy has been confirmed as the winner after topping the vote count with over 30% vs a 26% from Syriza. Is time for the New Democracy leader Mr. Samaras to find enough support and form a coalition government, quite a predictable outcome following the latest comments from PASOKMon, 18 Jun 2012 08:34:04 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/06/18/02/http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/06/15/04/Too many scenarios are possibles in Greece this weekend, and it is the way the market is trading. Greece to remain in the Eurozone, Grexit to leave the bloc orderly or the pandemonium where Greece leave the area with a slam and taking another countries with him. Megan Greene commented on Friday, that maybe the best option is to be at the same situation of early 2012, "It is a sign of how bad things are in Greece that I think the best option at the moment is a return of New Democracy and PasokFri, 15 Jun 2012 12:57:42 GMThttp://www.fxstreet.com/fundamental/market-view/forex@fxstreet.com (FXstreet.com)http://www.fxstreet.com/fundamental/market-view/the-european-debt-crisis-chronicles/2012/06/15/04/