For the 24 hours to 23:00 GMT, EUR declined 0.47% against the USD and closed at 1.2237. The greenback rose after the Federal Reserve made no changes to interest rates or policy in general, reiterating earlier stances that it would … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.28% against the USD and closed at 1.2295, amid hopes that the European Central Bank (ECB) would take steps to stem the Euro-zone debt crisis, after the central bank’s head, Mario … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.37% against the USD and closed at 1.2261, after data showed that Spanish economy continued its contraction and following weak economic data from the Euro-zone. Meanwhile, the US Treasury Secretary, Timothy … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.19% against the USD and closed at 1.2303, amid talks of stronger action by the European Central Bank (ECB) and Euro-zone goverments to stem Europe’s sovereign debt crisis. The … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 1.10% against the USD and closed at 1.2280, after European Central Bank (ECB) President, Mario Draghi, signaled that officials are prepared to do whatever is needed to preserve the Euro and … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.64% against the USD and closed at 1.2146, after the European Central Bank (ECB) Governing Council member, Ewald Nowotny, stated there were arguments for giving Euro-zone permanent rescue fund a banking … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.40% against the USD and closed at 1.2069, as risk aversion increased among investors following little hope that Greece would meet the terms of its bailout, raising doubts on its future … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.05% against the USD and closed at 1.2117, amid concerns that Spain would have to seek a full sovereign bailout. The Euro slid two-year low against the dollar, as Murcia became … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR declined 0.92% against the USD and closed at 1.2163, amid mounting concerns over the European debt crisis. Spain’s financial crisis deepened following news that Valencia, a heavily indebted region in … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.2276, as rising borrowing cost in a Spanish bond auction raised concerns that the region’s debt crisis is deepening. In a bond auction, the … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.08% against the USD and closed at 1.2278, amid worries over Europe’s fiscal woes and comments from German Chancellor, Angela Merkel casting doubt on whether the “European Project” had a solid … Continue reading →