For the 24 hours to 23:00 GMT, EUR declined 0.95% against the USD and closed at 1.3066, as concerns that a potential political vacuum in Italy would revive worries over instability in the Euro-zone weighed on investor sentiment. On the … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, EUR declined marginally against the USD and closed at 1.3182, as downbeat comments by the European Commission added to concerns over the outlook for growth in the Euro-zone. However, upbeat … Continue reading →

For the 24 hours to 23:00 GMT, EUR fell 0.62% against the USD and closed at 1.3192, as investors fretted over Euro-zone’s economic data. Moreover, a string of weak US economic figures further dented investor sentiment. In the Euro-zone, the … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.92% against the USD and closed at 1.3273, after the minutes of the Federal Reserve’s latest monetary policy meeting, indicated that monetary authorities are growing more divided as to when … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.34% against the USD and closed at 1.3395, as investors ditched the safe haven greenback and opted for the higher yielding single currency after the German and the Euro-zone’s economic sentiment … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3349. The Euro was bolstered as the board member of the European Central Bank (ECB), Joerg Asmussen, indicated that the Euro zone’s economy … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR rose marginally against the USD and closed at 1.3359, as investor risk appetite improved amid upbeat US economic data. In the US, empire state manufacturing activity to a reading of … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.71% against the USD and closed at 1.3349, as investors fretted over downbeat European gross domestic product data. In the Euro-zone, the seasonally adjusted gross domestic product (GDP) contracted 0.6% … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.07% against the USD and closed at 1.3444, as investors remain cautious ahead of a meeting of Group of 20 developed and emerging market economies in Moscow tomorrow. The Euro … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.38% against the USD and closed at 1.3453, after the G7 pledged not to engage in currency devaluations, thereby easing investor fears that the European Central Bank would react to recent … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.27% against the USD and closed at 1.3402, after the European Central Bank (ECB) council member, Jens Weidmann stated that, the Euro is not overvalued and warned Euro-zone governments against … Continue reading →