For the 24 hours to 23:00 GMT, EUR rose 0.93% against the USD and closed at 1.3274, as Greek debt hopes and strong German economic data aided risk appetite and provided strength to the Euro. The EUR received a boost … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.27% against the USD and closed at 1.3152, as concerns over the Greek bond swap eased, after pension funds and major banks stated that they would take part in Greece’s bond … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.75% against the USD and closed at 1.3116, after a news report stated that an Institute of International Finance has warned that Greek default could do €1 trillion ($1.3 trillion) of … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.17% against the USD and closed at 1.3215, after Euro-zone retail sales advanced unexpectedly in January after easing for four consecutive months. In economic news, retail sales in the Euro-zone unexpectedly … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.93% against the USD on Friday and closed at 1.3193, after weak German retail sales data and disappointing news from Spain. In Spain, unemployment reached 4.7 million in February, an increase … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.08% against the USD and closed at 1.3318, after unemployment rate in the Euro-zone climbed to the highest level in 14-years to 10.7% in January, while another report showed that … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.99% against the USD and closed at 1.3328, after key events including the European Central Bank’s cash injection passed without surprise. Meanwhile, the greenback rose, after the Federal Reserve Chairman, Ben … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.45% against the USD and closed at 1.3461, on optimism over the European Central Bank’s (ECB) allotment of three-year loans to banks later today. Additionally, EUR received support after Italy sold … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.47% against the USD and closed at 1.3400, after Standard & Poor’s lowered Greece long-term ratings to “selective default”. Further depressing the sentiment, the Moody’s Investors Service stated that Greek default … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.64% against the USD on Friday, and closed at 1.3458, ahead of the ECB’s second three-year long-term refinancing operation (LTRO) scheduled for February 29, in which it would lend up to … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.93% against the USD and closed at 1.3372, after German business climate index climbed for a fourth-straight month in January to the highest reading since July. The Ifo Institute reported that … Continue reading →