For the 24 hours to 23:00 GMT, EUR declined 1.00% against the USD and closed at 1.3745, after German Chancellor Angela Merkel tempered investors’ expectations that the European leaders would come up with a comprehensive solution to resolve debt crisis. … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 1.04% against the USD, on Friday, and closed at 1.3883, on optimism that eurozone authorities would come up with the plan to contain the region’s debt crisis. In economic news, the … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.36% against the USD and closed at 1.3740, after Standard&Poor’s downgraded Spain’s credit rating to AA- from AA with a negative outlook. In economic news, on an annual basis, Consumer Price … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 1.04% against the USD and closed at 1.3789, after Eurogroup President, Jean-Claude Juncker proposed steps to resolve the eurozone crisis. In economic news, industrial production in the eurozone rose 1.2% (MoM) … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.07% against the USD and closed at 1.3647, as investors awaited Slovakia’s decision, after the country’s Parliament delayed a vote on the eurozone bailout fund. The Slovak Parliament rejected a plan … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 1.92% against the USD and closed at 1.3637, amid increased risk appetite for riskier asset after France and Germany jointly decided to come up with a plan to tackle the eurozone … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.25% against the USD, on Friday, and closed at 1.3393, after Fitch Ratings Agency downgraded rating of Spain and Italy, renewing concerns over the eurozone debt crisis. Fitch Rating Agency, on … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.61% against the USD and closed at 1.3427, after the European Central Bank announced aggressive liquidity measures to support the region’s ailing banks, while holding interest rates steady at 1.5%, as … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.3345, amid speculation that European leaders would step up efforts to aid the region’s banks in a bid to resolve the debt crisis. German … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 1.00% against the USD and closed at 1.3325, after Federal Reserve Chairman, Ben Bernanke stated that Fed might take more action to help revive the US economy. Euro also gained, after … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 1.29% against the USD and closed at 1.3193, amid concerns whether Greece would receive the next tranche of aid from international lenders. Fitch Rating Agency, on Monday, lowered the growth forecast … Continue reading →