Euro zone manufacturing declines hurt currency's value

Posted On: December 01, 2014
The euro traded below $1.25 against the U.S. dollar on Monday, down from approximately $1.40 in early May, the Associated Press reported. [More]

Category: Industry News

British pound outperforms euro

Posted On: October 07, 2014
Strong U.K. economic data and weak European data led to a stronger pound versus the euro. [More]

Category: Industry News

Yen gains but more decline may come

Posted On: October 02, 2014
The Japanese yen capitalized on weak economic data from other nations as it gained on the U.S. dollar. [More]

Category: Industry News

Euro reaches 14-month low

Posted On: September 24, 2014
The euro fell to a 14-month low against the U.S. dollar. [More]

Category: Industry News

Euro rises in one-week high, however pessimism for new year still looms

Posted On: January 03, 2012
Although 2011 did not prove to be a very encouraging year for the eurozone, the euro actually rose to a one-week high against the dollar after business confidence in Germany increased and after borrowing costs tumbled in Spain at a bill sale, Bloomberg reports. [More]

Category: Industry News

China's foreign exchange portfolio sends mixed messages

Posted On: June 22, 2011
According to MarketWatch, China invested more in European assets than in U.S. assets between January and April this year. [More]

Category: Industry News

Schaeuble and Trichet clash over Greek debt solutions

Posted On: June 10, 2011
German Finance Minister Wolfgang Schaeuble said on June 10 that bondholders should take a "fair share" of Greek aid. [More]

Category: Industry News

Trichet's remarks spur drops in the euro, talk of rate increases in July

Posted On: June 09, 2011
Jean-Claude Trichet, president of the European Central Bank, said that the bank has not raised 2012's inflation forecast from 1.7 percent, causing investors to believe that it will not raise the rates as quickly as they had thought, Bloomberg reports. [More]

Category: Industry News

Debt concerns leap to the fore again, battering Europe

Posted On: May 23, 2011
The common currency of the European Union dropped sharply Monday morning, under pressure from investors and traders worried about sovereign debt issues. [More]

Category: Industry News

Inflation fears leap to the fore

Posted On: April 05, 2011
For some time now, those calling on policymakers to watch inflation have felt rather like Cassandra, as their predictions of doom appeared to fall on deaf ears. [More]

Category: Industry News