For the 24 hours to 23:00 GMT, EUR declined 0.63% against the USD and closed at 1.2578, amid dismal economic data from the Euro-zone and after Finland & the Netherland reiterated their opposition to using Euro-zone bailout funds to purchase … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR rose 1.78% against the USD and closed at 1.2659, after European leaders agreed on measures to ease fiscal strains in Italy and Spain and spurred optimism that they are closer … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.29% against the USD and closed at 1.2438, following weak economic data from the Euro-zone and amid pessimism about the ability of a European summit to ease the region’s debt crisis. … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.14% against the USD and closed at 1.2474, as hopes that European leaders would make progress on dealing with the debt crisis in the Euro area faded, after German Chancellor, Angela … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.11% against the USD and closed at 1.2491, as the Spanish and Italian government bond auctions resulted in higher borrowing costs and following continued worries over the European Union (EU) summit … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.29% against the USD and closed at 1.2505, as investors remained doubtful that a European leader’s summit later this week would produce any substantive measures to soothe region’s escalating debt crisis. … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.12% against the USD and closed at 1.2564, after the European Central Bank (ECB) took a step seen as easing funding stresses for the region’s banks. The ECB widened … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 1.10% against the USD and closed at 1.2549, as risk aversion rose among investors, after weak economic data from the US, Euro-zone and China heightened fears over the outlook for global … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2689. The Euro rose following news that Greece created a coalition government headed by Antonis Samaras of the New Democracy party. The party formed … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.74% against the USD and closed at 1.2683, after European Union (EU) officials signaled that they might be willing to soften the austerity measures imposed to Greece, a move aimed at … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 1.03% against the USD and closed at 1.2589, amid rising yields on Italian and Spanish bonds and as investors remain doubtful whether the Greece polls were enough to ensure a positive … Continue reading →