For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2767, as robust housing data in the US increased investor risk appetite. Earlier, in the European trading hours, the Euro was in demand … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.30% against the USD and closed at 1.2743, after current account surplus in the Euro-zone narrowed to a seasonally adjusted €0.8 billion in September, from €10.9 billion recorded … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.41% against the USD and closed at 1.2782, as greenback came under pressure on disappointing economic data in the US. In the US, the Philly Fed index of current activity … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.16% against the USD and closed at 1.2730, buoyed by a drop in Italy’s borrowing costs to the lowest level since October 2010 at an auction of three-year government bonds. … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2710. The Euro was buoyed after German newspaper, Bild Zeitung reported that Greece would get a lump sum of over €44 billion ($55.9 … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.12% against the USD and closed at 1.2706, as investors sought safety in the greenback after the Euro-zone policymakers concluded yesterday’s meeting without deciding when it would disburse a €31.5 … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.22% against the USD and closed at 1.2713, as Italian and French industrial output data disappointed investors. The consumer price index (CPI) in Germany rose 2.0% (YoY) in … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.12% against the USD and closed at 1.2742, after the European Central Bank President, Mario Draghi stated that economic activity in the Euro-zone is expected to remain weak. Moreover, the … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.38% against the USD and closed at 1.2757, after the European Commission downgraded its 2013 growth forecast for the 17-nation economy to just 0.1% from the 1.0% projected earlier this … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2806. Yesterday, the Spanish Prime Minister, Mariano Rajoy ruled out seeking a bailout in 2012 but vowed to do so if faced by … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.18% against the USD and closed at 1.2800, as investors opted for the safe haven greenback ahead of the Presidential elections in the US later today. Moreover, risk sentiment among … Continue reading →