For the 24 hours to 23:00 GMT, EUR rose 0.12% against the USD and closed at 1.3248. Gains were limited as concerns over the outlook for the European economy weighed on investor sentiment following weak manufacturing activity data from the … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.01% against the USD and closed at 1.3232. Despite the announcement of a new bailout package, the Euro could not hold on its initial gains, amid uncertainty over the implementation of … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.13% against the USD and closed at 1.3233. On the economic front, the French Confidence Index for the manufacturing sector remained unchanged at a reading of 92.0 in February. Additionally, in … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.13% against the USD on Friday and closed at 1.3147, on optimism that Greece’s European partners would agree to a deal on a second bailout. On the economic front, on a … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.57% against the USD and closed at 1.3131, amid renewed optimism over Greece, after reports indicated that the European Central Bank (ECB), would swap its holdings of Greek bonds for new … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.56% against the USD and closed at 1.3056, as reports that Euro-zone officials were considering to delay the next Greek bailout package until after the April elections, dented investor sentiment. The … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.29% against the USD and closed at 1.3129, amid concerns over Greece debt crisis and after disappointing Euro-zone industrial production data. News that meeting of the Euro-zone officials to discuss Greece’s … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.70% against the USD and closed at 1.3167, amid concerns that the obstacles are still in the way for Greece to secure a second bailout from its creditors. Even though Greek … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.86% against the USD on Friday and closed at 1.3172, amid weak economic data from France and as Euro-zone Finance Ministers delayed approval of a crucial bailout package for Greece. The … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.47% against the USD and closed at 1.3286, after Greek Prime Minister, Lucas Papademos stated that an agreement on austerity measures required to secure a second bailout had been secured. Separately, … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.3224, after the release of disappointing economic data in the Euro-zone. In economic news, German trade surplus narrowed to €12.9 billion in December, compared … Continue reading →