For the 24 hours to 23:00 GMT, EUR rose 0.55% against the USD and closed at 1.4155, amid easing of worries that the arrest of International Monetary Fund chief, Dominique Strauss-Kahn would derail decisions over giving financial assistance to Greece. … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.93% against the USD, on Friday, and closed at 1.4110, on concern that European finance ministers may fail to resolve Greece’s debt restructuring. Additionally, the news of arrest of IMF chief, … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.23% against the USD and closed at 1.4242, as commodities strengthened, thus reducing the greenback’s appeal against riskier assets. The European Central Bank (ECB) in its May issue of the monthly … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 1.41% against the USD and closed at 1.4210, as renewed debt concerns in Greece and more worries about Portuguese banks reduced investors’ risk appetite. In Germany, the consumer price inflation, on … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.31% against the USD and closed at 1.4413, following reports that Greece could get a new financial aid package. In the Asian session, at 3:00GMT, the EURUSD is trading at 1.4396, … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.05% against the USD and closed at 1.4369. Yesterday, Standard & Poor’s lowered the credit rating of Greece to B from BB-, over concerns that peripheral debt problems would force European … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 1.54% against the USD, on Friday, and closed at 1.4317, after a report that Greece is considering withdrawal from the Euro zone. In Germany, industrial production, on monthly basis, declined to … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 1.94% against the USD and closed at 1.4541, after Jean-Claude Trichet, President of the European Central Bank (ECB) stated that he wouldn’t hike interest rates for the Euro-zone. On Thursday, ECB … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.03% against the USD and closed at 1.4829. The EUR gained, as investors welcomed the €78 billion (£70 billion) bailout agreed for Portugal on Tuesday night, with hope that the deal … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose a marginal 0.03% against the USD and closed at 1.4825., ahead of Thursday’s monetary-policy decision from the European Central Bank. In the Euro zone, the producer price index, on monthly basis, … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.27% against the USD and closed at 1.4821. The European Central Bank (ECB), in its Financial Integration report indicated that the normalization of Euro-zone bank lending conditions is proceeding progressively. In … Continue reading →