For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3307, as the International Monetary Fund (IMF) lowered its growth forecast for the world economy in 2013, citing that the sovereign debt crisis in … Continue reading →

  For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.3314, after the release of encouraging economic sentiment data from Germany and the Euro-zone. The Euro remained buoyant as the European Union … Continue reading →

  For the 24 hours to 23:00 GMT, EUR fell marginally against the USD and closed at 1.3310. Trading remained subdued as US market remained closed yesterday for the Martin Luther King, Jr. holiday. Yesterday, Jens Weidmann, the President of … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.37% against the USD and closed at 1.3325, as downbeat consumer sentiment data in the US turned investors away from riskier assets and go long on the safe-haven … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.63% against the USD and closed at 1.3375, after Spain successfully sold over €4.5 billion of bonds maturing in 2015, 2018 and 2041. The Euro further cemented gains as risk … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3291, after the World Bank trimmed its 2013 Euro-zone growth forecast, prompting investors to sell the Euro and shore-up dollar positions. Additionally, the … Continue reading →

  For the 24 hours to 23:00 GMT, EUR fell 0.59% against the USD and closed at 1.3298, as investors avoided riskier currencies amid US debt ceiling concerns. Concerns heightened after Fitch Ratings reiterated its warning that a delay in … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.14% against the USD and closed at 1.3377. The greenback came under pressure, after the Federal Reserve Chairman, Ben Bernanke urged the US lawmakers to lift the country’s borrowing limit … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, EUR rose 0.53% against the USD and closed at 1.3343. The Euro on Friday catapulted to its highest level against the Dollar since April 2012, a day after the European … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 1.68% against the USD and closed at 1.3273, after the European Central Bank (ECB) left its benchmark interest rate unchanged at 0.75% in January, in line with market expectations, following the … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.22% against the USD and closed at 1.3053, as investors remained cautious ahead of a European Central Bank meeting later today. However, the European Union President, Herman Van Rompuy stated … Continue reading →