Dollar Advances for a Fourth Consecutive Session Despite a Tempered Pace of Risk Aversion (DailyFX)
• Dollar Advances for a Fourth Consecutive Session Despite a Tempered Pace of Risk Aversion • Euro Finds Little Consolation from EU Finance Ministers’ Greek Guarantees at G7 • Japanese Yen: Lending Troubles another Road Sign to the Next ‘Lost Decade’ • Commodity Currency Policymakers Start Rolling Back Emergency Aid
FOREX-Euro edges up, investors look to EU summit (at Reuters)
* Traders await EU economic summit on Thursday * Investors still appear cautious about risk-taking By Kaori Kaneko
CANADA FX DEBT-C$ drops as Europe debt fears boost greenback (at Reuters)
MONEY MARKETS-US bill rates rise, Greek repo market split (at Reuters)
Speculators make EU8bn bet against euro (at Financial Times)
Traders and hedge funds have bet nearly $8bn against the euro, amassing the biggest ever short position in the single currency on fears of a eurozone debt crisis.
Chile peso falls on euro zone, data boosts stocks (at Reuters)
* Euro zone sovereign debt worries weigh on peso * Jump in Jan consumer prices boosts stocks * Stock rise follows correction on euro zone jitters
Greece, Other Euro Zone Countries to Get Help: Investor (at CNBC)
While many remain wary of the sovereign debt situation within the euro zone, an investor told CNBC he is investing in Greek government debt as he sees France and Germany interceding for the embattled euro zone countries of Portugal, Ireland, Greece and Spain.
Dollar slips against the euro (Money)
The dollar weakened against the euro Monday, but held firm against other major currencies, as concerns about Greece s fiscal health eased slightly.
Greek unions promise strikes, euro jitters persist (at Reuters)
* Greek strike threat adds to budget scepticism * Euro and peripheral euro bonds under pressure * Spain vows to press ahead with pension reform
Unibail-Rodamco s loss widens to $2 billion (at MarketWatch)
Unibail-Rodamco , Europe s largest listed property company, said after the Paris close that its annual loss widened to 1.47 billion euros from 1.12 billion euros, as the company took a 2.3 billion euro hit on fair value adjustments and disposals due to the decrease in real estate and financial instrument values.
