For the 24 hours to 23:00 GMT, EUR rose 0.34% against the USD and closed at 1.3120, as concerns over the handling of Spain’s financial crisis slightly eased after an upbeat comment by country’s Prime Minister, Mariano Rajoy. Additionally, … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.30% against the USD and closed at 1.3076, as investors became wary about the Spanish economic recovery after reports showed an increase in Spanish borrowing costs. Earlier yesterday, the Spanish … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.33% against the USD and closed at 1.3115, amid speculation that a sluggish labor market in the US would prompt Federal Reserve to open the door to more easing measures, … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.63% against the USD and closed at 1.3143, after a poor Spanish bond auction reignited worries about the Euro-zone debt crisis. Yesterday, Spain’s Treasury sold €2.59 billion in government bonds at … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.76% against the USD and closed at 1.3226. The USD received a boost after the minutes of US Federal Open Market Committee meeting indicated no further monetary stimulus was likely. Moreover, … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.3328, after the release of disappointing Euro-zone manufacturing and jobs data. On the economic front, the unemployment rate in the Euro-zone rose to 10.8% … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.46% against the USD and closed at 1.3363, as risk appetite increased after Spain revealed a budget plan to save more than €27 billion ($35.96 billion) in 2012 through … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 1.3319% against the USD and closed at 1.3319, after European Central Bank policymaker and the President of the Bundesbank, Jens Weidmann, stated that raising the Euro-zone’s rescue fund will only end … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.24% against the USD and closed at 1.3324, after Bank of Spain stated that nation’s economy has skidded back into recession and amid disappointing consumer confidence data in Germany. The Gfk … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.58% against the USD and closed at 1.3357, after Federal Reserve Governor, Ben Bernanke, signaled towards monetary easing and as positive data from Euro-zone hinted that the region’s economic recovery is … Continue reading →