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The euro remained above a two-week trough on Friday after Spain announced a crisis budget which many viewed as heading in the direction of requesting a bailout. The common currency appears likely to close the quarter out…
The euro remained near one-week lows versus the dollar in Wednesday’s early Asian trading, pressured by ongoing uncertainty over Spain’s lack of urgency in requesting a financial bailout. On Tuesday, protesters and…
The euro fell close to last week’s trough versus the dollar, while the Australian and New Zealand dollars lost ground on profit-taking as earlier rallies triggered by the Federal Reserve and the European Central Bank’s…
The euro advanced on Friday as talk that Spain could soon be set to request help saw the currency recover the ground it lost on Thursday. Further gains could put its four-and-a-half month high of $1.31729 firmly in its…
The euro lost ground on the dollar for the second consecutive day on Tuesday as investors started to bet on its recent rally rising too high, too quickly, as focus turned back to debt-ridden Spain. Pressure is mounting…
The dollar remained near a seven-month low today was likely to stay around this mark for the foreseeable future after last week’s announcement by the US Federal Reserve that it was to kick off a fresh round of…
The Federal Reserve announced on Thursday after its two-day policy meeting that it plans to inject fresh monetary stimulus into the US economy, in news that did not surprise the market and sent the dollar tumbling…
The euro moved up to a four-month peak versus the dollar after Germany’s Constitutional Court approved the European Central Bank’s new rescue plan for the eurozone. However, the German court said that its ruling was only…
The euro dropped back from Friday’s near four-month high, but talk of Federal Reserve quantitative easing later in the week limited losses. The US central bank is holding a policy meeting on Thursday and expectations are…
The euro was steady close to a two-month peak versus the dollar in early Asian trading on Friday while the yen suffered heavy losses as markets reacted to the European Central Bank’s announcement on solving the eurozone…
The euro hit back from losses earlier on Wednesday to climb sharply after suggestions that the European Central Bank’s policy meeting on Thursday will see President Mario Draghi announce a new wave of government bond…
Early trade in Asia on Tuesday saw the euro remain steady as optimism remained that the ECB will announce plans to tackle the bloc’s debt crisis at its meeting on Thursday. The currency’s resilience came even though…
