For the 24 hours to 23:00 GMT on Friday, EUR rose 0.24% against the USD and closed at 1.2658. The US Dollar fell after weak consumer sentiment and industrial production data in the US, raised speculation of stimulus measures by … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.50% against the USD and closed at 1.2628. The greenback came under pressure after weak economic data in the US, raised speculation of additional Fed stimulus. Data released in the US … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.42% against the USD and closed at 1.2565. The US Dollar fell after the nations’ retail sales hit their worst level in two years in May, fueling speculation that the Federal … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.31% against the USD and closed at 1.2512. The USD declined, after Federal Reserve member, Charles Evans, stated that he would support more measures to stimulate the US economy. Initially, the … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 1.38% against the USD and closed at 1.2473, as lack of details about Spain’s weekend bank bailout and uncertainty surrounding elections in Greece compounded worries that the financial crisis in Europe … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR declined 0.49% against the USD and closed at 1.2507, as dismal economic data from Germany and Italy added to Euro-zone recession concerns. The Euro took a hit, after Italian industrial … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.2569. The Euro came under pressure, after ratings agency, Fitch, downgraded Spain’s credit rating by three notches to ‘BBB’ from ‘A’, with a negative … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.94% against the USD and closed at 1.2570, after European Central Bank (ECB) President, Mario Draghi stated the ECB stands ready to act if the economy slips lower. Yesterday, ECB kept … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.42% against the USD and closed at 1.2452, on growing concerns that high borrowing cost in Spain are closing the door to the country’s access to credit and following weak economic … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.2364, amid jitters over the Irish referendum, looming Greek elections and continued worries over Spain’s faltering banking sector. Yesterday, Ireland voted on a key … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.91% against the USD and closed at 1.2367, as rising bond yields for Italy and Spain and the latest poll results in Greece, added to fears that the Euro-zone’s debt crisis … Continue reading →