As investors become less confident that Federal Reserve chair Ben Bernanke will announced to new scheme of quantitative easing in the US at the Jackson Hole meeting today, the euro slipped down 0.1 per cent to $1.2509.…
The euro saw a rise again yesterday for the first time since Thursday’s seven-week high of $1.2589 as speculation circulates about what will be announced at Friday’s central bankers’ meeting in Jackson Hole. Experts…
With a lack of major economic developments due to come out of Asia this week, all eyes are set to remain on the euro. Having just had its best week in six months, hitting a seven-week high of $1.2590 last Thursday and…
The euro hit a high of seven weeks yesterday on the back of rumours that Spain is talking to Eurozone leaders about the possibility of a bailout package. The common currency hit a high of $1.2589 on Thursday, the fourth…
After missing an interest payment of $23 million (£14.6 million) due on Monday, it is feared that Belize will default on its debt. There is still a 30-day grace period in which Belize has to pay the interest, but it is…
EUR/GBP saw a drop of 0.09 per cent today to finish at 0.7851 after briefly hitting a high of 0.7872 on the back of positive rumours from Europe. A spokesperson for Germany’s finance minister suggested that the ECB was…
The euro hit a six-month high versus the yen today following comments from Germany Chancellor Angela Merkel which hinted that the European Central Bank will launch action to curb the debt crisis in the euro zone. The…
The dollar sat close to one-month peaks versus the yen in Wednesday’s early Asian trade after positive retail sales figures cooled suggestions of further Federal Reserve stimulus. The growth in retail sales, which…
The euro gained ground on the dollar on Tuesday on the back of data revealing that economic sentiment in Germany had lowered and that the economy in the euro zone had shrunk. Eurostat revealed that the region’s gross…
The euro suffered a third straight day of falling after enjoying monthly highs earlier in the week as investors’ optimism faded over the European Central Bank’s plans to tackle the region’s debt crisis. The common…
The euro lost ground on the dollar on Wednesday, hampered by weak economic data from Germany and profit-taking on the back of three consecutive days of gains; however, losses could be short-lived as optimism remains that…
The euro climbed against the dollar after putting in a strong performance in New York trading on Monday and recording its second successive daily rise. The single currency soared to a one-month high against the greenback…
The euro regained some ground on Friday as some market players became more optimistic about the about the European Central Bank’s decision on sovereign bond buying which could help combat the debt crisis in the euro…
The G3 currencies were forecast to mark time on Wednesday in Asian trading, on the back of another listless offshore session with the Federal Reserve’s decision on policy looming, a day before a European Central Bank…