For the 24 hours to 23:00 GMT, EUR declined 0.54% against the USD and closed at 1.3043, as risk appetite continued to wane following comments from the Spain’s Deputy Prime Minister, Soraya Sáenz de Santamaria, that the country was still … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3108. Yesterday, the French Finance Minister, Pierre Moscovici, stated that the Spain must decide for itself whether to seek an international bailout, citing this … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.98% against the USD and closed at 1.3121. On Friday, the Dollar extended its losses after the Federal Reserve on Thursday announced plans to stimulate the economy with quantitative … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.74% against the USD and closed at 1.2994. Yesterday, the US dollar plunged after the Federal Reserve launched quantitative easing (QE3) with a new round of bond buying, citing that it … Continue reading →

For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.2899, amid news that Germany’s constitutional court had approved the country’s participation in the European new bailout fund, the European Stability Mechanism (ESM). … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.72% against the USD and closed at 1.2854, on expectations that a German court would back the Euro-zone bailout fund following announcement that it would not postpone today’s long-awaited decision on … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.2762, as investors remain cautious ahead of Germany’s constitutional court ruling tomorrow on whether a permanent bailout fund can go ahead. Spanish Prime Minister, … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR rose 1.47% against the USD and closed at 1.2814, extending its Thursday’s gains, after the European Central Bank (ECB) on Thursday, unveiled a new plan for potentially unlimited bond buying … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.25% against the USD and closed at 1.2628, following the European Central Bank’s (ECB) decision to buy bonds issued by heavily indebted Euro-zone countries in order to ease rising borrowing costs. … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.29% against the USD and closed at 1.2596, amid hopes that the European Central Bank (ECB) would announce fresh measures to battle the Euro-zone debt crisis. Yesterday, the Italian Prime Minister, … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.19% against the USD and closed at 1.2559, as investors remained cautious ahead of European Central Bank (ECB) meeting on Thursday to decide whether or not to buy sovereign bonds issued … Continue reading →