For the 24 hours to 23:00 GMT, EUR rose 0.10% against the USD and closed at 1.4488, on investors’ speculations that the European Central Bank would raise interest rates next week to curb inflation and as Greece’s Parliament voted “yes” … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.82% against the USD and closed at 1.4474, after the Greece Parliament approved austerity measures necessary to avoid the debt default. The Greek parliament approved €78 billion package of additional austerity … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.29% against the USD and closed at 1.4356, on investors’ growing hopes that Greece would pass austerity measures and avoid defaulting on its debt, while German banks agreed to consider rolling … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 1.02% against the USD and closed at 1.4314, on speculation that Greece Parliament would approve an austerity package this week and avoid defaulting on its debt. The German Finance Minister, Wolfgang … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.67% against the USD, on Friday, and closed at 1.4177, ahead of Greece votes on budget cuts this week. The Greek Parliament would vote on Tuesday on a 5-year austerity plan … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.36% against the USD and closed at 1.4273. Euro remained under pressure despite the news that Greece has reached an agreement with the European Union and the International Monetary Fund for … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.29% against the USD and closed at 1.4324. The US dollar surged against its majority counterparts, after the Federal Reserve Chairman, Ben Bernanke gave no indication that they would embark on … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.29% against the USD and closed at 1.4366, after news the Greece’s Prime Minister George Papandreou had won a vote of confidence, seen as the first step in winning financing that … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.4325, after European officials reassured investors over the Greece default. The Euro zone finance ministers, yesterday, stated that a clear, new financing strategy for … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.72% against the USD, on Friday, and closed at 1.4300, as investor sentiment received a lift on the news that Germany and France have adopted a common position on a bailout … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.11% against the USD and closed at 1.4198. European Central Bank President, Jean-Claude Trichet stated yesterday that the 17 nations that use the euro must implement crucial governance reforms that would … Continue reading →