For the 24 hours to 23:00 GMT, EUR traded flat against the USD, on Friday, and closed at 1.4156. The Euro steadied against the greenback as concerns that the results of European bank stress tests would further sour sentiment towards … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.46% against the USD and closed at 1.4159, as European officials continued to debate over how to ease the region’s mounting sovereign debt problems. Additionally, the International Monetary Fund have agreed … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 1.83% against the USD and closed at 1.4224. The greenback declined against the Euro after the Moody’s Investors Service put the US under review for a credit rating downgrade. Further, the … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.48% against the USD and closed at 1.3969, as a downgrade to Ireland’s credit ratings fuelled concerns that the European debt crisis would deepen. Moody’s Investors Service downgraded Ireland’s foreign- and … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 1.21% against the USD and closed at 1.4036, amid fears that the Europe’s sovereign-debt crisis is deepening. EUR was pressured as soaring yields on Italian bonds raised concern that Italy would … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.71% against the USD, on Friday, and closed at 1.4258, despite a bleak US employment report for June, as fears that Europe’s sovereign-debt crisis may spread to Italy dampened investor sentiment. … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.20% against the USD and closed at 1.4360, as investors concerns quelled after the European Central Bank President Jean-Claude Trichet extended more support to the region’s sovereign-debt problems. The European Central … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.68% against the USD and closed at 1.4332, as concerns over Europe’s sovereign debt problems outweighed a widely expected interest rate hike by the European Central Bank. Concern that Greece’s debt … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.80% against the USD and closed at 1.4430, amid disappointing euro zone economic data and lingering sovereign debt concerns. Moody’s Investors Service, yesterday, downgraded Portugal’s credit rating to Ba2, or junk … Continue reading →

For the 24 hours to 23:00 GMT, EUR traded flat against the USD and closed at 1.4547, after Standard & Poor’s Ratings Services stated that the French-led proposal to roll over the Greek government debt would likely put Greece in … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.28% against the USD, on Friday, and closed at 1.4529, on speculation that the European Central Bank would increase interest rates this week, after Greece was pulled out of debt default … Continue reading →