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09 May 2011: Euro up as EU reconsiders terms of the Greece bailout plan
EUR/USD: Euro up as EU reconsiders terms of the Greece bailout plan
Last week Euro snapped its biggest two-day drop since 2008, on prospects the region's debt crisis won't keep the European Central Bank from increasing interest rates. This morning the common currency gained versus most major peers after European Union officials agreed in an unannounced meeting on May 6 to reconsider the terms of the 110 billion-euro ($158 billion) lifeline Greece received last year, showing their determination to hold the euro region together. ...
 
05 May 2011: Euro up before ECB Policy meeting
EUR/USD: Euro up before ECB Policy meeting
Euro rose toward a 17-month high versus the dollar on speculation European Central Bank President Jean-Claude Trichet will signal at a policy meeting today his intention to raise interest rates this year to combat inflation. The single currency snapped a two-day decline before German data that economists said will show factory orders rose for a third month, adding to signs European growth is picking up. ...
 
28 Apr 2011: Euro on three-year high against dollar
EUR/USD: Euro on three-year high against dollar
Dollar sank to a three-year low against Euro on Thursday and was at risk of a drop to $1.50, with momentum-driven investors piling on in anticipation U.S. interest rates will be low for a long time. ...
 
21 Apr 2011: Euro on 15 months high against dollar US
EUR/USD: Euro on 15 months high against dollar
Euro strengthened against US Dollar yesterday as investors began to think that the ECB could possibly raise interest rates once again. Spanish bond auctions were extremely popular and the single currency pushed to 15 month highs against the US Dollar. ...
 
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. ...