For the 24 hours to 23:00 GMT, EUR declined 1.82% against the USD and closed at 1.4182. Euro came under pressure, as investor concerns grew that Greece’s debt crisis may be getting out of control, as a new bailout scheme … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.4445. In the US, the retail sales on monthly basis declined 0.2% to $387.1 billion in May, the first drop since June 2010. In … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.52% against the USD and closed at 1.4410. However gains were capped, after Standard & Poor’s cut Greece’s sovereign rating. Standard & Poor’s downgraded Greece to triple-C, with a negative outlook, … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 1.14% against the USD, on Friday, and closed at 1.4348, on persistent uncertainty over the Greek debt crisis. In Germany, the wholesale price inflation, on monthly basis, remained unchanged in May, … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.54% against the USD and closed at 1.4513. The European Central Bank (ECB) maintained its key interest rate unchanged at 1.25%, matching market estimates, and rejected any direct participation by the … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.63% against the USD and closed at 1.4592, amid poor Germany economic data and ahead of European Central Bank’s interest rate decision to be released today. In the Euro zone, the … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.72% against the USD and closed at 1.4684. The Fed Chairman, Ben Bernanke stated that the US economy would pick up in the second half of the year as the labor … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.46% against the USD and closed at 1.4579, after the Euro-zone Finance Minister, Jean-Claude Juncker stated that second Greek bailout was not yet certain, although speculation that Greece would be able … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 1.08% against the USD, on Friday, and closed at 1.4637, after the European Officials agreed for a new aid package for Greece, easing concerns over the region’s debt crisis. In the … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.96% against the USD and closed at 1.4481, boosted by Greek concessions and reassuring comments from German Chancellor, Angela Merkel. The Euro rallied, after the reports that suggested Greece would offer … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.53% against the USD and closed at 1.4343, following German media reports that the International Monetary Fund would not pay its share of aid to Greece at the end of June. … Continue reading →