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Associated Press Forex News

Pressure on EU leaders to solve Greek crisis

DON MELVIN - AP - 44 mins ago

BRUSSELS (AP) — Europe's leaders gather in Brussels under mounting pressure to soften their tough-love approach to the weaker economies among them. With Greece locked in political chaos, much bigger Spain warns it can't keep afloat without help, as stock markets around the world tank over fears the leaders won't have the political will to act. (full story)

Late rally erases steep losses on Wall Street

MATTHEW CRAFT - AP - 51 mins ago

NEW YORK (AP) — A big final-hour comeback pulled the Dow Jones industrial average nearly back to where it started Wednesday. (full story)

Euro sinks to 22-month low on fears about Europe

AP - Wed May 23, 2:38PM CDT

NEW YORK (AP) — The euro plunged to its lowest level in nearly two years Wednesday as investors fretted that European leaders won't be able to prevent Greece from making a messy exit from the region's shared currency. (full story)

Europe's stocks hit on EU summit skepticism

PAN PYLAS - AP - Wed May 23, 11:36AM CDT

LONDON (AP) — Stock markets were hit hard and the euro skidded down to near 22-month lows against the dollar Wednesday as investors grew increasingly skeptical that European Union leaders will be able to cobble together a plan to kick-start the region's faltering economy and deal with its crippling debt. (full story)

World stocks down as worries over Greece grow

PAMELA SAMPSON - AP - Wed May 23, 4:20AM CDT

BANGKOK (AP) — Doubts that European Union leaders will come even close to cobbling together a plan to kick-start the region's faltering economy sent world stock markets lower Wednesday. (full story)

Worries about global economy push dollar higher

AP - Tue May 22, 2:16PM CDT

NEW YORK (AP) — Fears of a slowdown in the global economy pushed the dollar higher against most major currencies Tuesday. (full story)

Asia stocks down as worries over Greece grow

PAMELA SAMPSON - AP - Wed May 23, 1:21AM CDT

BANGKOK (AP) — A report that Greece is considering preparations to leave the euro common currency sent Asian stock markets lower Wednesday. (full story)

Oil slips to near $92 as dollar gains on euro, yen

PABLO GORONDI - AP - Tue May 22, 7:18AM CDT

The price of oil slipped to near $92 a barrel Tuesday, on concerns about global economic growth and news that that Iran will allow the U.N. nuclear agency to restart a probe into its nuclear program. (full story)

World stocks rise on Europe, China growth hopes

PAMELA SAMPSON - AP - Tue May 22, 4:28AM CDT

BANGKOK (AP) — World stock markets rose Tuesday, perked by hopes that Europe and China will take steps to boost flagging economic growth. (full story)

Euro rises from 4-month low against dollar

AP - Mon May 21, 3:13PM CDT

NEW YORK (AP) — The euro rose against the dollar Monday despite ongoing concerns about Europe's debt crisis. (full story)

World stock markets edge up after G-8 summit

PAMELA SAMPSON - AP - Mon May 21, 4:47AM CDT

BANGKOK (AP) — Assurances that world powers want debt-laden Greece to remain in the euro helped support world stock markets Monday after sharp losses over the past week. (full story)

Dollar falls against euro for first time in a week

AP - Fri May 18, 4:30PM CDT

NEW YORK (AP) — The dollar fell against the euro for the first time in a week, as excitement about Facebook's initial public offering overshadowed problems in Europe. (full story)

A look at economic developments around the globe

The Associated Press - AP - Fri May 18, 2:13PM CDT

A look at economic developments and activity in major stock markets around the world Friday: (full story)

European financial woes push markets lower

CARLO PIOVANO - AP - Fri May 18, 11:14AM CDT

LONDON (AP) — Concerns that Europe's debt crisis could drag down parts of the continent's banking system rattled global markets on Friday, while the IPO of social network Facebook failed to buoy spirits on Wall Street. (full story)

Oil edges up to near $93 after big 2-week sell-off

PABLO GORONDI - AP - Fri May 18, 7:36AM CDT

Oil prices edged toward $93 a barrel Friday as financial markets stabilized after a sharp two-week sell-off caused by the latest flare-up in Europe's debt crisis and a gloomy economic outlook. (full story)

World stock markets sink on US, Europe worries

PAMELA SAMPSON - AP - Fri May 18, 4:12AM CDT

BANGKOK (AP) — World stocks fell Friday after credit downgrades slapped on Spanish banks unnerved investors already worried about the stability of the 17-country euro currency union. (full story)

Dollar rises against euro on worries over Greece

AP - Thu May 17, 4:19PM CDT

NEW YORK (AP) — Fears that Greece will need to leave the single currency union pushed the dollar to a four-month high against the euro Thursday. (full story)

Eurozone concerns drag markets lower

CARLO PIOVANO - AP - Thu May 17, 11:33AM CDT

LONDON (AP) — Fears surrounding the stability of the 17-country eurozone — particularly the state of Spain's financial system and whether Greece might be forced out of the single currency union — pushed global markets down again on Thursday. (full story)

Russian markets hit 8-month low on oil price drop

AP - Thu May 17, 8:52AM CDT

MOSCOW (AP) — Russia's main stock index on Thursday hit its lowest point since Oct. 5 as oil prices keep falling, lowering revenue from the country's lucrative energy sector and as fears grow that Greece's political crisis will hurt the European economy. (full story)

World stock markets sink on US, Europe worries

PAMELA SAMPSON - AP - Fri May 18, 4:12AM CDT

BANGKOK (AP) — World stocks fell Friday after credit downgrades slapped on Spanish banks unnerved investors already worried about the stability of the 17-country euro currency union. (full story)

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