Euro

Euro Shoots to &-Month High against the Dollar

Submitted by Samuel Kariuki on Wed, 19/12/2012 - 14:18
in

The 17-nation currency has advanced against the greenback to a seven-month high as prospects the lawmakers will reach an agreement in the budget issues increased. The lawmakers are trying to avert spending cuts and tax increases that will start in January if the law is not changed....

Yen Drops to Lowest Level in More Than a Year against the Euro and Dollar

Submitted by Tradervox 1 on Wed, 19/12/2012 - 09:46
in

The Japanese currency has fallen to the lowest level since August 2011 against the 17-nation currency as bets the Bank of Japan will make additional stimulus increased prior to the start of a policy meeting today...

Monti Resignation may Delay Euro Agreement

Submitted by Tradervox 1 on Tue, 18/12/2012 - 10:30
in

Mario Monti’s pending resignation risks delaying the efforts of fighting the debt crisis in the region that has lasted for three years. The Italian prime minister who is expected to resign this week after parliament passes the budget...

Euro Climbs against the Yen on EU Leaders Decision

Submitted by Tradervox 1 on Fri, 14/12/2012 - 13:45
in

The 17-nation currency strengthened against the Japanese currency to 8-month high after the European Union leaders promised to seek joint strategy for dealing with failing banks....

Victory to Romanian Prime Minister Ponta

Submitted by Samuel Kariuki on Mon, 10/12/2012 - 14:47
in

Romanian Prime Minister Victor Ponta is set to form a new government by the end of this year and build a super majority in parliament after yesterday’s victory in general election. With 81.5 percent of votes counted, the ruling liberal union got 58.6 percent...

Euro Drops as Monti Considers Quitting

Submitted by Tradervox 1 on Mon, 10/12/2012 - 13:10
in

The 17-nation currency fell to its lowest in two weeks against the greenback as Mario Monti, Italian Prime Minister indicated that he was considering quitting as the Italian leader. This boosted concerns that the change of government will derail the measures to solve the debt crisis in the region...

Euro Up Versus the Dollar Prior to ECB Decision

Submitted by Tradervox 2 on Thu, 06/12/2012 - 12:17
in

The 17-nation currency rose against the greenback prior to European Central Bank policy decision to be announced today. The euro increased against the dollar despite a report from the region expected to confirm the region is in a recession...

Euro Finance Ministers Express Confidence in the Greek Buyback Process

Submitted by Samuel Kariuki on Wed, 05/12/2012 - 10:36
in

The European Finance Chiefs have expressed their confidence in the measures taken to help Greece out of its worst debt crisis. The finance chiefs indicated that Greece will be successful in the bond buyback program which is a key component of changing the country back on its feet...

EU Member Focus on ECB Supervisor as Germany Expresses Doubts

Submitted by Marcio Pereira on Wed, 05/12/2012 - 09:04
in

European Union Finance Chiefs met to discuss the European Central bank financial oversight, which is aimed at fighting the debt crisis in the region and protecting the region from another crisis. The supervisory body will also be mandated to reach out to non-eurozone countries...

Events That Will Shape EUR/USD This Week

Submitted by Samuel Kariuki on Tue, 04/12/2012 - 14:54
in

Mario Draghi’s speech will be the main highlight of the week as the euro tries to make a comeback. Last week, the eurozone finance ministers decided to extend the period for Greece to meet its debt targets. Here are some of the events that will be shaping the EUR/USD pair this week...

 

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