News

What's Next for the Euro?
Not a long time ago, the euro was considered as the most promising currency in the world. However, in August the single currency faced the biggest decline since the beginning of its trading.
Published on 2008-08-28

Euro Rises for Second Day
The euro rose vs the dollar for a second day on speculation the region's interest-rate advantage over the U.S. will draw investors after ECB officials signaled a cut in borrowing costs is unlikely.
Published on 2008-08-28

Euro Rises From Six-Month Low Vs Dollar
The euro rose from a six-month low versus the dollar as ECB council member Axel Weber said discussion about a reduction in interest rates is ``premature'' and crude oil prices increased for a third day.
Published on 2008-08-27

Euro Falls to Six-Month Low
The euro fell to a six-month low against the dollar after a report showed German business confidence dropped in August more than economists forecast.
Published on 2008-08-26

Euro Declines
The euro fell against the dollar to near the lowest level in six months as Germany's Economy Ministry said the outlook for Europe's largest economy has deteriorated even beyond the second quarter.
Published on 2008-08-20

Euro Near 5 1/2-Month Low Against Dollar
The euro traded near a 5 1/2-month low against the dollar after a report showed Europe's economy contracted for the first time since the single currency was introduced almost a decade ago.
Published on 2008-08-14

Euro Little Changed Against Dollar
The euro was little changed against the dollar, rebounding from a 5 1/2-month low, after policy makers said the European Central Bank remains focused on inflation and traders judged last week's 3.6 percent drop excessive.
Published on 2008-08-11

Euro Falls the Most in 4 Years
The euro slumped the most in more than four years against the dollar as traders pared bets the European Central Bank will raise interest rates as the economy slows.
Published on 2008-08-08

Euro Advances on Speculation ECB to Highlight Inflation Concern
The euro rose against the dollar for the first time in three days on speculation European policy makers will say today they remain concerned about inflation as a report showed German exports gained the most in almost two years.
Published on 2008-08-07

Euro Trades Near 7-Week Low Versus Dollar
The euro traded near a seven-week low against the dollar before a European Central Bank meeting at which President Jean-Claude Trichet may keep borrowing costs unchanged and acknowledge economic growth is slowing.
Published on 2008-08-06

Euro Rises
The euro rose, rebounding from a seven-week low against the dollar, on speculation European Central Bank President Jean-Claude Trichet will signal higher interest rates may be needed to combat inflation.
Published on 2008-08-06

Euro Rises
The euro rose against the dollar, snapping two days of losses, after data showed inflation in the region accelerated to the fastest pace in 16 years.
Published on 2008-07-31

Euro Rises Against Dollar
The euro rose against the dollar after European Central Bank council member Klaus Liebscher said policy makers have room to raise interest rates for a second time this year even as economic growth falters.
Published on 2008-07-25

Euro Slips Against Yen
The euro dropped for a fourth day against the yen as business confidence in Germany, Europe's largest economy, fell the most since the 2001 terrorist attacks.
Published on 2008-07-24

Euro Trades Near Lowest in a Week Against Dollar
The euro traded near the lowest in more than a week against the dollar after European Central Bank President Jean-Claude Trichet said it's important for the U.S. to keep repeating support for a strong currency.
Published on 2008-07-09

Euro Trades Near 1-Week Low
The euro traded near a one-week low against the dollar before a report today that economists forecast will show growth in German industrial production slowed in May.
Published on 2008-07-06

Euro Falls as Trichet Signals One Rate Increase May Be Enough
The euro fell the most against the dollar in more than three weeks as European Central Bank President Jean-Claude Trichet said he has ``no bias,'' signaling one interest-rate increase may be enough to control inflation.
Published on 2008-07-03

Euro at 3-week High Against the Dollar
The dollar struggled on Monday after last week’s heavy losses on Wall Street, while traders eyed a key level against the euro which, if breached, could send the greenback into a tailspin.
Published on 2008-06-30

Euro Climbs Against Yen
The euro rose to the strongest level this year against the Japanese yen and traded near a two-week high against the dollar as traders increased bets the region's central bank will raise rates as early as next month.
Published on 2008-06-09

Euro Gains
The euro rose the most in two weeks against the dollar and gained versus the yen and British pound after European Central Bank President Jean-Claude Trichet said an interest-rate increase in July is ``possible.''
Published on 2008-06-05

Euro Strengthens
The euro gained one cent against the dollar and climbed to the highest in almost a month versus the U.K. pound after German business confidence unexpectedly rose.
Published on 2008-05-21

Euro Rises Against Dollar
The euro rose for the first time in three days against the dollar after Europe's economy grew more than forecast, reducing the chances that the European Central Bank will lower interest rates.
Published on 2008-05-15

Euro Falls to Eight-Week Low Against Dollar
The euro fell to an eight-week low against the dollar on speculation the European Central Bank will keep rates unchanged while signaling concern that economic growth is slowing at a policy meeting today.
Published on 2008-05-07

Euro Rises Against Dollar
The euro rose against the dollar, snapping a two-day decline, as traders bet the European Central Bank will keep interest rates at a six-year high this week.
Published on 2008-05-05

Euro Shows Signs of End to Bull Run
Speculation that the euro’s seven-year bull run was coming to an end intensified on Thursday as the single currency fell to five-week lows against the dollar and the pound.
Published on 2008-05-01

Euro Rises Versus Dollar, Yen
The euro rose against the dollar after an industry report showed German consumer confidence unexpectedly rose and ECB policy makers suggested interest rates need to stay high to quell inflation.
Published on 2008-04-28

Euro Falls Versus Dollar
The euro dropped against the dollar and yen as an industry report showed German business confidence fell to the lowest in more than two years in April, indicating the U.S. economic slowdown is spreading to Europe.
Published on 2008-04-24

Euro Falls Against Dollar
The euro fell against the dollar after Luxembourg's Finance Minister Jean-Claude Juncker signaled concern over the U.S. currency's decline.
Published on 2008-04-23

Euro Surpasses $1.60 for First Time
The euro surpassed $1.60 for the first time as European Central Bank officials said they'll increase interest rates if inflation doesn't slow.
Published on 2008-04-22

Euro Rises Versus Dollar
The euro rose to within a cent of a record against the dollar as European Central Bank officials reiterated concern inflation is accelerating, increasing chances interest rates will stay at a six-year high.
Published on 2008-04-21

Euro Trades Near Record High Versus Dollar
The euro traded near a record high against the dollar on speculation inflation in the common- currency region is too strong for the European Central Bank to cut interest rates.
Published on 2008-04-15

Euro Rises to Record Against Dollar
The euro rose to a record against the dollar on speculation the European Central Bank will signal today that it isn't prepared to cut interest rates anytime soon.
Published on 2008-04-10

Euro Trades Near One-Week High Against Dollar
The euro traded close to a one-week high against the dollar on speculation the European Central Bank will signal plans to keep interest rates on hold and the U.K. pound tumbled after a report showed a slump in house prices.
Published on 2008-04-08

Euro Rises on Speculation Interest Rate Advantage Will Widen
The euro rose against the dollar and yen on speculation the European Central Bank's focus on curbing inflation will widen the region's interest-rate advantage.
Published on 2008-04-07

Euro Falls Against Dollar, Yen
The euro fell against the dollar and the yen after retail sales unexpectedly dropped and Bayerische Landesbank reported 4.3 billion euros ($6.7 billion) in writedowns from the collapse of the subprime-mortgage market.
Published on 2008-04-03

Euro Falls against Dollar
The euro fell for the first time in three days against the dollar on speculation losses at the region's biggest banks will spread amid the credit crisis.
Published on 2008-03-27

Is the ECB Awake?
In recent months the Euro Zone economy has shown signs of slowing. Industrial production has been falling in most of EU countries and inflation is reaching all times high. A strong Euro compounds all the problems and makes the situation even worst.
Published on 2008-03-11

Euro Falls Against Dollar
The dollar rose against the euro on Monday after European Central Bank President Jean-Claude Trichet said officials were worried about recent volatility in foreign exchange markets.
Published on 2008-03-10

Euro Hits New Record High vs Dollar
The euro rose to a record after European Central Bank President Jean-Claude Trichet said there is ``strong upward pressure on inflation,'' signaling he's in no hurry to cut interest rates.
Published on 2008-03-06

Euro Falls Against the Dollar
The euro fell against the dollar, retreating from a record high, on speculation European Central Bank President Jean-Claude Trichet will signal after a policy meeting tomorrow the region's common currency is too strong.
Published on 2008-03-05

Dollar Close to Record Low Versus Euro
The dollar traded close to the weakest ever against the euro on speculation the slumping U.S. economy will cause banks to report more losses from the collapse of the subprime-mortgage market.
Published on 2008-03-03

Euro Rises After Ifo Survey
The euro rose to a three-week high against the dollar after a private report showed German business confidence unexpectedly strengthened for a second month.
Published on 2008-02-26

Euro Declines Against Dollar
The euro fell against the dollar, paring a gain last week that was the biggest this year, after European Central Bank policy maker Christian Noyer said regional economic growth may be weaker than expected, reinforcing speculation for lower interest rates.
Published on 2008-02-18

Euro Rises Against Yen
The euro rose against the yen and reversed losses against the dollar after German confidence unexpectedly strengthened this month, indicating Europe may withstand the effects of the U.S. economic slowdown.
Published on 2008-02-12

Euro Gains on Speculation ECB in No Hurry to Cut Rates
The euro rose against the dollar and yen after European Central Bank President Jean-Claude Trichet signaled policy makers were in no hurry to cut interest rates.
Published on 2008-02-10

Euro Declines as Trichet Says U.S. Slowdown May Hurt Europe
The euro fell for a third day against the yen and dollar as European Central Bank President Jean-Claude Trichet said the slowdown in the U.S. may curtail economic growth in Europe, signaling lower interest rates this year.
Published on 2008-02-07

Euro Falls Against Dollar, Yen
The euro fell the most against the dollar in two weeks after an industry report showing growth in Europe's service industries weakened prompted concern the economy is being hurt by the slowdown in the U.S.
Published on 2008-02-05

The euro fell for the first time in three days against the yen as
The euro fell for the first time in three days against the yen as traders raised bets the European Central Bank will cut interest rates as credit markets threaten global growth.
Published on 2008-01-23

Euro Falls to Five-Month Low Against Yen
The euro fell to a five-month low against the yen as European stocks plunged by the most since 2001 on concern the global economy is slowing.
Published on 2008-01-21

Euro Falls to Two-Week Low Against Dollar
The euro fell to the lowest in two weeks against the dollar after ECB officials said economic growth is slowing, prompting speculation the bank may follow the Federal Reserve in cutting interest rates.
Published on 2008-01-17

Euro's Rise to Six-Week High
The euro rose to a six-week high against the dollar, increasing pressure on European officials who say they are concerned the currency's appreciation will exacerbate an economic slowdown in the 15-nation region.
Published on 2008-01-14

Euro Rises Against Dollar After Trichet Says ECB Ready on Rates
The euro rose by the most in a week against the dollar after European Central Bank President Jean- Claude Trichet signaled policy makers won't follow the Federal Reserve and the Bank of England in cutting interest rates.
Published on 2008-01-10

Euro Gains on Dollar in Official Reserves
The euro has fast gained ground against the dollar in international official foreign exchange reserves in recent months, according to official statistics highlighting the nine-year-old currency’s growing global importance.
Published on 2007-12-31

Stronger Euro: Is It Worth?
In 1999, Hans Eichel, former Germany's finance minister said "The euro could become a reserve currency with equal status to the dollar". However, no one suspected this could happen as early as 2007. In fact, last week the euro traded close to $1.50 on rumors that central banks were replacing some of their U.S. dollar reserves with euros.
Published on 2007-11-30

Euro hits a new high! Is 1.50 the next stop?
The euro hit fresh record highs of 1.4929 against the dollar after key Chinese official warned that the Asian giant may well diversify its reserves away from the dollar.
Published on 2007-11-07

ECB Policy Makers Say Euro Strength Reflects Economic Outlook
European Central Bank policy makers said the euro's appreciation shows investors are confident in the region's economic prospects, rejecting French calls to stem its rally to a record against the dollar.
Published on 2007-10-10

Euro Falls as Politicians Express Concern Over Currency's Gain
The euro fell for a second day against the dollar and halted five days of gains versus the yen as European politicians expressed mounting apprehension over the pace of the advance.
Published on 2007-10-02

Euro falls Across the Board on more Credit Derivatives worries
The euro fell more than 2 percent against the yen on Thursday as signs the U.S. credit sector wounds are starting to hurt European banks. French bank BNP Paribas decided to temporarily suspend redemptions on three of its funds that were hit by problems in the U.S. subprime mortgage sector.
Published on 2007-08-09