The euro fell against most of its main currency rivals yesterday, as investors remained concerned about how a plan to bring down Spanish and Italian borrowing costs will be implemented. The EUR/GBP hit a 3 ½ year...
A meeting of euro-zone finance ministers failed to boost investor confidence regarding the economic recovery in the region, and resulted in the EUR resuming its downward trend.
The euro stabilized against the US dollar yesterday after hitting a two-year low last week. A disappointing US jobs report contributed to the significant risk-aversion in the marketplace and played a role in the euro’s renewed bearish...
A worse than expected US Non-Farm Payrolls figure on Friday led to risk aversion in the marketplace and sent the euro to a two-year low against the US dollar. Commodities and precious metals also saw bearish movement...
The euro fell across the board yesterday, following euro-zone interest rate cut which caused investors to shift their funds to safe-haven assets. The EUR/USD dropped to a one-month low, while the EUR/JPY fell some 140 pips during...
The euro fell against most of its main currency rivals yesterday, as expectations that the European Central Bank will cut euro-zone interest rates today weighed down on the currency. The price of crude oil also fell yesterday,...
The euro saw moderate losses against several of its main currency rivals during morning trading yesterday, as disappointing euro-zone data from earlier in the week continued to weigh down on the common-currency. Today, a bank holiday in...
The euro was able to close out last Friday’s trading session with its biggest one-day gain against the US dollar in eight-months. The EUR/USD shot up well over 200 pips after euro-zone leaders pledged to reduce Spain...
The euro fell to a two-week low against the US dollar during European trading yesterday, as investors remained doubtful that today’s EU summit will produce any meaningful solutions to the euro-zone debt crisis.
The euro fell once again vs. its main currency rivals yesterday, as a sharp increase in Spanish borrowing costs combined with expectations that the upcoming EU summit will do little to combat the euro-zone debt crisis, weighed...
