FXstreet.com

BRUSSELS, Sept 30 (Reuters) - The European Commission said on Tuesday the United States must live up to its special responsibility to solve the global financial crisis and called for swift enactment of a bailout plan for the financial sector.

A Commission spokesman said the 27-nation European Union was disappointed at the U.S. House of Representatives vote rejecting a $700 billion rescue package for distressed banks and financial institutions.

"The U.S. must take its responsibility in this situation," spokesman Johannes Laitenberger told a news conference. He said rescue measures agreed by European governments for three troubled banks showed that public authorities in Europe can "live up to the task of providing financial stability".

(reporting by Marcin Grajewski, writing by Paul Taylor) Keywords: FINANCIAL/EU

tf.TFN-Europe_newsdesk@thomsonreuters.com

cmr

COPYRIGHT

Copyright Thomson Financial News Limited 2008. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

Breaking Forex News

Asian forex market wrap: don’t be happy, worry!
Forex Live | Tue, Nov 24 2009, 04:56 GMT

German Ifo data to provide for volatility in early European trade
Forex Live | Tue, Nov 24 2009, 04:32 GMT

Forex: AUD/USD mixed and trading at 0.9204
FXstreet.com | Tue, Nov 24 2009, 04:19 GMT

UPDATE:Asian Shares Mixed; Resource Cos Provide Some Support
Dow Jones | Tue, Nov 24 2009, 04:01 GMT

Gold steady despite rising greenback
Forex Live | Tue, Nov 24 2009, 03:47 GMT

[ View All ]

Latest Updated Reports

Market Thoughts - 24/11/2009 - The Current Market Sentiment by FX Recommends
Tue, Nov 24 2009, 04:38 GMT

The Daily Forecaster by FX-Forecaster.com
Tue, Nov 24 2009, 03:34 GMT

Forex Market Alerts - Chart AUD/NZD Update : Upside stays in focus by FXMarketAlerts
Tue, Nov 24 2009, 03:15 GMT

Forex Market Alerts - USD/JPY, USD/CHF Flows - DPM Kan to keep close contact with BoJ; EUR/CHF eye SNB by FXMarketAlerts
Tue, Nov 24 2009, 03:13 GMT

Daily Forex Outlook - Gold Leads Fresh Rally by Easy Forex
Tue, Nov 24 2009, 03:03 GMT

[ View All ]


Interested in forex trading? forex brokerage firms!


MG Financial Group
Contact the broker/FDM
Open a demo account
FX Solutions LLC
Contact the broker/FDM
Open a demo account
Interbank FX, LLC
Contact the broker/FDM
Open a demo account
Forex Capital Markets, LLC (FXCM)
Contact the broker/FDM
Open a demo account
CitiFX Pro
Contact the broker/FDM
Open a demo account

GET CASH BACK FOR YOUR TRADES!   Learn more about the Pip Rebate Program

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2009 "FXstreet.com. The Forex Market" All Rights Reserved.