Posted On: February 10, 2012
The leader of the nation hosting the globe's biggest economy tipped his hat to the leader of the nation hosting the euro zone's third-largest economy.
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Posted On: December 29, 2011
Today, Italy auctioned off more than 7.02 billion euros worth of bonds, which was short of their targeted amount, as borrowing costs declined, according to Bloomberg.
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Posted On: December 28, 2011
Reuters reports that the euro has barely kept above an 11-month low as 2011 trading starts coming to a close. At yesterday's Italian debt sale, the currency was in high demand by investors though its gains against the dollar were only marginal.
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Posted On: December 27, 2011
On Tuesday, the euro approached an 11-month low against the dollar, suggesting that the European sovereign-debt crisis has worsened.
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Posted On: October 07, 2011
The shared currency of the European Union dropped in value on Friday, dragged down by credit rating downgrades to two key euro zone nations within the clench of the sovereign debt crisis.
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Posted On: September 07, 2011
The common currency of the European Union rose in value against the U.S. dollar on Wednesday as the leader of Italy collected a win as the nation attempts to stave off being ensnared in the sovereign debt crisis.
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Posted On: July 12, 2011
Officials with the European Union acknowledged for the first time Tuesday that a default by Greece might be necessary to trim some of its burden.
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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: 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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Posted On: January 14, 2011
The euro is on track to have its best week since mid-2009 - but some market watchers say the currency is poised to suffer further declines as the year progresses.
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