May 19, 2010 /EIN Presswire/ — As the euro reached a four-year low against the dollar, Germany stepped up its efforts to stop investors from trading in some high-risk short-selling securities, a practice it says is driving down the euro’s value.
The ban put an end to the naked short-selling of euro-backed government bonds, credit default swaps based on the bonds and shares of Germany’s top major financial institutions.
German Chancellor Angela Merkel made it clear that the euro was in crisis, and investors are waiting to see if other countries will follow suit, which could squeeze eurozone liquidity.
Was this a panic move by the country or simply the start of a series of regulations meant to curb high-risk investing? Read more at Forex Trading News Today:
Germany Forex news – http://forex.einnews.com/germany/
Euro Forex news – http://forex.einnews.com/news/euro-forex
Located at http://forex.einnews.com, Forex Trading News Today is a service of EIN News, a global news monitoring service for researchers and analysts. Using a combination of proprietary search technology and human editing, EIN News delivers the latest forex news from more than 7,000 news sites from around the world. The latest news updates on these topics are also available in email and RSS formats.
About EIN Presswire
The EIN Presswire press release service is a news-syndication solution that distributes news to more than 10 million visitors annually at EIN News and millions more through its press release distribution partners. A news source for journalists, decision-makers and industry professionals worldwide, EIN Presswire targets press releases to a wide array of worldwide business professionals through more than 90 industry channels. EIN Presswire also offers affiliate network opportunities and news distribution to tens of thousands of news subscribers daily. Read the press release live feed at http://www.einpresswire.com and the latest world news at http://www.einnews.com.
