For the 24 hours to 23:00 GMT, EUR rose 0.07% against the USD and closed at 1.2583, amid growing expectations that the European Central Bank (ECB) is working on measures to help stabilize the Euro-zone’s sovereign debt markets ahead of … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.58% against the USD and closed at 1.2582. The US dollar came under pressure after the US Federal Reserve Chairman, Ben Bernanke, at Jackson Hole summit expressed deep worry … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.19% against the USD and closed at 1.2510. Yesterday, the French President, Francois Hollande, called on Europe’s leaders to make serious headway in introducing measures to ease the pressure on countries … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.24% against the USD and closed at 1.2534. Yesterday, the US dollar rose amid positive economic data from the US and after the Federal Reserve in its Beige Book economic survey … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.49% against the USD and closed at 1.2564, following a successful bond auctions in Italy and Spain. In a bond auction, the Spanish treasury sold €1.67 billion worth of three-month government … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.14% against the USD and closed at 1.2503, after reports showed that the German business confidence in July deteriorated to the lowest level since June 2010. The European Central Bank (ECB) … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.12% against the USD and closed at 1.2558, as better-than-forecasted manufacturing activity data in France and Germany eased some of the pessimism surrounding the region’s economy. In Germany, the manufacturing purchasing … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.63% against the USD and closed at 1.2543. Yesterday, the US Dollar came under pressure after the minutes of Federal Reserve’s latest monetary policy meeting indicated that the policy makers would … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.91% against the USD and closed at 1.2465, amid hopes that the European Central Bank (ECB) would take action to ease Spanish and Italian borrowing costs and following successful Spanish bond … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.13% against the USD and closed at 1.2353. The Euro started the week with gains, after German magazine, Der Spiegel, on Sunday reported that the European Central Bank (ECB) would define … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR declined 0.21% against the USD and closed at 1.2331. The US dollar rose against the Euro after the Thomson Reuters/University of Michigan preliminary consumer sentiment index for August hit its … Continue reading →