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: 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: 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 06, 2011
Investors expect that the European Central Bank will signal that an interest rate increase is coming soon, amid its currency's limited losses over the weekend, according to MarketWatch.
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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 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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Posted On: February 28, 2011
The euro, the British pound and the Swiss franc rose on Monday, bolstered by consumer inflation statistics, the burgeoning revolution in Libya and expectations that the U.S. will maintain its loose monetary policy for some time.
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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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