For the 24 hours to 23:00 GMT, EUR declined 0.51% against the USD and closed at 1.2829, as final round of talks between Greece’s President, Karolos Papoulias, and country’s political leader to avert a new election ended without any progress … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR declined 0.09% against the USD and closed at 1.2919, amid ongoing concerns over political turmoil in Greece and a potential Greek exit from the Euro-zone. Further, Euro came under pressure … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.05% against the USD and closed at 1.2932, after the European Central Bank in its monthly report, indicated that the Euro-zone economy would shrink 0.2% in 2012. Additionally, it trimmed the … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.42% against the USD and closed at 1.2937, amid growing uncertainty surrounding Greece’s political situation and deepening financial concerns in Spain. Sentiments were hit as Greece remained divided on forming a … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.47% against the USD and closed at 1.2993, as Greece’s politicians struggle to form a new government, raising concern that the nation might leave the Euro bloc. On the economic front, … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.51% against the USD and closed at 1.3054. The Euro initially came under pressure, after the outcome of elections in Greece and France during the weekend, threatened to derail the region’s … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3152, after the European Central Bank (ECB) President, Mario Draghi refrained from pledging more liquidity measures to boost European economy. He further stated … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.62% against the USD and closed at 1.3154, as investor sentiment were dented after manufacturing PMI in France, Germany and the Euro-zone disappointed markets. Another set of data released yesterday … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3236, as strong US manufacturing data spurred investors to greenback, while Spanish economic recovery concerns continued to weigh on investor sentiment. In the … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3241. The Euro initially traded lower, amid reports that indicated that Spanish economy returned to recession in the first quarter of 2012. Additionally, … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.43% against the USD, on Friday, and closed at 1.3239, after a successful Italian bond auction, while renewed expectations for further easing measures by the Federal Reserve weighed broadly on … Continue reading →