For the 24 hours to 23:00 GMT, EUR rose 1.04% against the USD and closed at 1.3259, on expectations that Greek political leaders would come to an agreement on the bailout terms and avoid a sovereign debt default. Moreover, President … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3123, on concerns that Greece’s political leaders would fail to reach an agreement allowing the nation to receive a second bailout from international creditors. … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD on Friday and closed at 1.3142, as leaders failed to reach an agreement with Greek bondholders on a restructuring of the nation’s debt. The Financial Times reported … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.17% against the USD and closed at 1.3145, after Euro-zone head, Jean Claude Juncker stated that talks with private creditors on the Greek debt restructuring plan have proven to be … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.62% against the USD and closed at 1.3168, as investor sentiment received a boost after the release of strong global economic data and well-received German and Portuguese debt auctions. On the … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.41% against the USD and closed at 1.3087. Earlier in the day, Euro rose after the Greece Prime Minister, Lucas Papademos, stated that he is “strongly committed” to reaching a debt-swap … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.54% against the USD and closed at 1.3140, amid Greece debt concerns. In the European summit, yesterday, Greek officials rejected the proposal by Germany to give the European Union veto power … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.79% against the USD, on Friday, and closed at 1.3211, amid hopes that Greece and its private-sector creditors would reach an agreement. On Friday, Fitch downgraded the sovereign credit ratings … Continue reading →

For the 24 hours to 23:00 GMT, EUR traded flat against the USD and closed at 1.3106. On the economic front, the GfK Group reported that the Consumer Confidence Index in Germany would rise to a reading of 5.9 in … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.56% against the USD and closed at 1.3106, after German business confidence improved more-than-expected in January, moving higher for the third consecutive month. Additionally, the dollar weakened after the FOMC extended … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.14% against the USD and closed at 1.3034, after the release of better than expected Euro-zone Purchasing Managers’ Index (PMI) data. In the Euro-zone, the manufacturing PMI rose to 48.7 in … Continue reading →