News

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. ...

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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. ...

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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. ...

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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%. ...

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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. ...

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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. ...

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