For the 24 hours to 23:00 GMT on Friday, EUR declined 1.00% against the USD and closed at 1.2817, amid disappointing manufacturing data from Spain and Italy. Moreover, the greenback rose after an increase in the US non-farm payroll … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.14% against the USD and closed at 1.2947, as concerns over Spain and Greece weighed on the Euro. Meanwhile, the Federal Reserve Bank of Boston President, Eric Rosengren stated that … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2965, after Spanish Prime Minister, Mariano Rajoy stated that he would not rule out asking for a bailout from the European Union to meet … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.42% against the USD and closed at 1.2962, after Italy saw its borrowing costs fall to their lowest levels since May 2011 at a government auction of five- and ten-year … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.12% against the USD and closed at 1.2907, as investors remained cautious as Hurricane Sandy hits the US North Eastern coast. The Euro also remained under pressure amid growing doubts … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR ended flat against the USD and closed at 1.2939, as continuing concerns over Spain and Greece were offset by reports showing stronger-than-expected US third quarter growth. In the US, on … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.20% against the USD and closed at 1.2939. Earlier, the greenback had come under pressure, following rumours that the Fitch Ratings agency was set to downgrade the US. However, Fitch … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.07% against the USD and closed at 1.2965, weighed down by weak economic data in the Euro-zone and Germany. Yesterday, the European Central Bank President, Mario Draghi defended central bank’s plan … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.74% against the USD and closed at 1.2974, a day after ratings agency Moody’s lowered the credit ratings of Catalonia and four other Spanish regions, citing their worsening liquidity positions … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.38% against the USD and closed at 1.3071, after Spanish regional election results indicated support for the austerity policies of Prime Minister, Mariano Rajoy. On Sunday, the Spanish Prime Minister, … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.34% against the USD and closed at 1.3025, as risk appetite waned amid tepid US economic data and as concerns over the handling of Spain’s debt troubles continued … Continue reading →