For the 24 hours to 23:00 GMT, EUR declined 1.36% against the USD, on Friday, and closed at 1.3391, over concerns that the European leaders would not be able to control the debt crisis. In the Euro zone, the Consumer … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.27% against the USD and closed at 1.3576, after the German Parliament voted for an increase in the size and flexibility of the Euro-zone rescue fund. In the Euro zone, consumer … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.30% against the USD and closed at 1.3539, as investors remained cautious over European policy makers’ ability to solve debt crisis. Officials from the European Commission, the European Central Bank (ECB) … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.46% against the USD and closed at 1.3580, as investors risk appetite improved over speculation that the Euro zone officials would take decisive steps to control the region’s debt crisis. Yesterday, … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3518. EUR pared its losses amid speculation that the European Central Bank (ECB) may cut interest rates to support the eurozone’s economy, after ECB … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.19% against the USD, on Friday, and closed at 1.3505. The Finance ministers and Central Bank governors of the Group of 20 major economies stated that they would work in a … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.76% against the USD and closed at 1.3480, as poor economic data from China and the eurozone, coupled with renewed worries about the global economic slowdown, spurred investors to sell riskier … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.71% against the USD and closed at 1.3584. The greenback rallied against the Euro, even as the Federal Reserve announced that it would replace $400 billion of short-term debt in its … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.57% against the USD and closed at 1.3681, following expectations that a Greek default would be averted. Meanwhile, the Fitch credit rating agency, yesterday, affirmed Germany’s AAA rating with a stable … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.73% against the USD and closed at 1.3604, after Standard & Poor’s downgraded Italy’s credit rating. Euro was also pressurized over concerns that Greece would default on its debt obligations. In … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.63% against the USD, on Friday, and closed at 1.3784, as investors concerns grew over Europe’s fumbling attempts to solve the eurozone debt crisis and awaited a meeting of the Federal … Continue reading →