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18 Apr 2011: The debt crisis in Europe is resurfacing
EUR/USD: The debt crisis in Europe is resurfacing
Euro fell for a second day against the dollar on speculation Greece will be unable to avoid a default even after officials said debt restructuring isn't being discussed and on concern election gains for Finland's euro-skeptic bloc will hinder regional efforts to assist ailing nations including Portugal. The cost of insuring Greek government debt rose to a record on April 15, with the contracts indicating investors see a greater than 60 percent chance the nation will default within five years. ...
 
11 Apr 2011: Euro expected to step back from its 15-month high
EUR/USD: Euro expected to step back from its 15-month high
Euro continued to gain on Friday against dollar after the European Central Bank decided to raise interest rates from 1.0% up to 1.25%. Investors continued to buy into euro after Portugal's request for a bailout despite this creating a division between EU members. ...
 
04 Apr 2011: USD coming off lows on positive employment data from the US
EUR/USD: USD coming off lows on positive employment data from the US
Euro snapped a four-day advance against dollar on concern a likely interest-rate increase by the EuropCentral
Bank this week will hurt the economies of the most-indebted nations in the 17-member zone. The shared currency slidversus all but two of its 16 major counterparts before the ECB’s April 7 policy meeting. ...
 
31 Mar 2011: Euro stays strong
EUR/USD: Euro stays strong
Euro stayed stronger against dollar after a report showed euro-region inflation accelerated, remaining above the European Central Bank’s 2 percent limit in March. Inflation in the 17-nation euro region quickened to 2.6 percent from 2.4 percent in February, the European Union’s statistics office in Luxembourg said today in an initial estimate. ...
 
28 Mar 2011: Euro weakens on Euro-Zone recovery doubts
EUR/USD: Euro weakens on Euro-Zone recovery doubts
Euro lost more ground and could fall toward mid-March lows after a state election loss by Germany's ruling party raised doubts about the tackling of Europe's debt crisis. German policy makers also demanded that future discussions of bailouts must wait until the next EFSF meetings in June. ...