Posts Tagged ‘Greenback’

Canadian dollar reaches parity with the Greenback

April 6th, 2010

The Euro yield positions against the U.S. dollar at the prospect that Greece may not be able to meet the requirements of the Euro and the International Monetary Fund (IMF) to slash its high fiscal deficit. It is important to be aware of the ads that may come from the Hellenic country in the coming days due to the arrival of two members of the IMF to inspect the tax reform and tax. It is the first visit by the agency after signing the agreement between the European Commission, IMF and Greece.

Also, remember that this month Greece this month plans to launch a multimillion-dollar bond issue denominated in dollars, which will range between 5,000 million and 10,000 million, for which the country will be presented to investors across the Atlantic as an emerging economy following the decline of interest in Europe by helena debt. The manager will manage the operation after Morgan Stanley Goldman Sachs plans to place bonds Greeks among U.S. and Asian investors become frustrated by rumors of China’s rejection of Greece taking on debt. Greek debt issuance in the United States marks the first such operation carried out by Greece in nearly two years and forms part of government efforts to address the maturities of its debt by next May, amounting to about 10,000 million euros. » Read more: Canadian dollar reaches parity with the Greenback