For the 24 hours to 23:00 GMT, EUR declined 0.45% against the USD and closed at 1.2481, as renewed worries over high Spanish borrowing costs and the nation’s fragile banking system raised concern that Europe’s debt crisis is spreading. Yesterday, … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.31% against the USD and closed at 1.2537, amid renewed worries about Euro-zone’s financial health following fears that Spanish government might need to use sovereign debt to support its financial institution. … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.32% against the USD and closed at 1.2576, amid optimism that that Greece would stay in the Euro-zone and following positive German and French consumer confidence data. The Euro … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.46% against the USD and closed at 1.2536, after dismal Euro- zone economic data sparked fresh concerns over the impact of the crisis on the region’s troubled economy and amid continued … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.66% against the USD and closed at 1.2594, as investor sentiment was dented amid mounting worries over the Greece’s possible exit from the Euro-zone. The European Union leaders at the summit … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 1.04% against the USD and closed at 1.2677, amid growing concerns over the issues of Greece & Spain’s debt problems. Euro came under pressure, after former Greek Prime Minister, Lucas Papademos, … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.48% against the USD and closed at 1.2811, amid hopes that Greece would remain in the Euro-zone after world leaders continued to voice support to keep Greece in the Euro-zone. Euro … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.68% against the USD and closed at 1.2782, after an opinion poll in Greece on Friday, indicated that pro-bailout party, New Democracy was leading the polls ahead of fresh … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.20% against the USD and closed at 1.2695, after Fitch downgraded Greece’s credit rating by one notch, while Moody’s lowered debt ratings of 16 Spanish banks. Rating agency, Fitch, downgraded Greece’s … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.12% against the USD and closed at 1.2721, as rising concern that Greece might be expelled from the Euro bloc overshadowed better-than-expected French and German bond auctions. The Euro also came … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.72% against the USD and closed at 1.2737, after Greece called for a new election as political leaders in the nation failed to form a ruling coalition, raising probability of Greece … Continue reading →