For the 24 hours to 23:00 GMT, EUR rose 0.56% against the USD and closed at 1.4420, on speculation that the European Union would approve an additional bailout package for Greece, thus easing investor’ fears. In the Asian session, at … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.36% against the USD and closed at 1.4339, on speculation that the European officials would approve additional assistance for Greece, thus increasing demand for the region’s assets. The Euro-zone finance ministers’ … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 1.32% against the USD, on Friday, and closed at 1.4319, as poor US economic data raised speculation that the Federal Reserve may delay an interest-rate hike. In the US, the personal … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.30% against the USD and closed at 1.4125, after the report that China and other Asian countries are interested in buying Portuguese bailout bonds. However, gains were capped, after President of … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.11% against the USD and closed at 1.4083, as Greece’s sovereign debt situation remained unresolved. The European Central Bank Executive Board member, Juergen Stark, stated that the global imbalances remained a … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.51% against the USD and closed at 1.4098, despite another round of discouraging economic news from the euro zone. In the Euro zone, the industrial new orders, on monthly basis, declined … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.69% against the USD and closed at 1.4026, after Standard & Poor’s cut its outlook on Italy and the Spanish elections raised concerns that European governments were sinking under too much … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 1.16% against the USD, on Friday, and closed at 1.4156, weighed down by rekindled worries about euro-zone sovereign debt after Greece’s credit rating was slashed. Fitch Ratings on Friday slashed Greece’s … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.46% against the USD and closed at 1.4322. The greenback came under pressure, as a largely disappointing batch of US economic data weighed on investor sentiment. In the US, the economic … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.10% against the USD and closed at 1.4256, after ECB officials ruled out a Greek debt restructuring. In the Euro Zone, construction output, on annual basis, fell by 4.9% in March … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.81% against the USD and closed at 1.4270, as fresh efforts to ease debt crises in Greece and Portugal and accelerating inflation put pressure on policy makers to boost interest rates. … Continue reading →