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.
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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.
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Posted On: June 10, 2011
German Finance Minister Wolfgang Schaeuble said on June 10 that bondholders should take a "fair share" of Greek aid.
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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.
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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.
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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.
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Posted On: March 30, 2011
It's no secret that the exist currency regime, in which the U.S. dollar serves as the default reserve currency, has its fair share of enemies.
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Posted On: March 24, 2011
The common currency bounced back from the news that Portuguese prime minister José Sócrates had resigned his position after the government failed to enact new austerity measures.
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Posted On: March 18, 2011
The yen may be the world's most-watched currency right now.
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Posted On: March 10, 2011
The chaos in Libya - as well as smaller-scale conflicts in the Ivory Coast and other nations - has investors cautiously eying their risk exposure and reconsidering some euro-linked investments.
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