Tag: euro
European Stocks Rebound, Euro Edges Lower Post-Fed
European stocks rebounded from a two-day skid Monday, while the euro declined against the dollar after St. Louis Fed President James Bullard said a...
Global Markets Waver ahead of Federal Reserve Meetings
Asian and European markets declined Friday, while commodities also tumbled, as US interest rate speculation fueled an unstable trading environment ahead of next week’s...
Global Stocks Rally despite Fledgling Chinese Exports
Wall Street and European stocks surged Tuesday, as another sharp drop in Chinese exports fueled speculation Beijing would offer additional support to prop up...
Markets Tumble as on Weak China PMI
Global stock markets declined on Tuesday, while oil prices snapped a three-day rally after data showed manufacturing activity in China contracted at the fastest...
Dollar Resumes Uptrend as Stock Markets Remain Volatile
The US dollar rose again on Wednesday, as investors reacted to stronger than expected durable goods orders amid renewed volatility in Asian and European...
Euro Holds Ground as Eurozone Economy Slows
The euro was little changed against its British and US counterparts on Friday as the Eurozone’s modest recovery slowed unexpectedly in the second quarter,...
EUR/USD Advances on Upbeat German Ifo
The EUR/USD surged more than 100 pips on Monday, briefly surpassing 1.11 after the Ifo Institute said German business confidence rose unexpectedly in July.
The...
EUR/USD Declines as Grexit Averted
The EUR/USD declined on Monday, as risk sentiment return to the financial markets after Greece and its Eurozone partners reached an 11th hour deal...
Markets Await Greek Breakthrough at EU Ministerial Meetings
European stocks soared on Monday, while the euro was relatively unchanged, as investors turned their attention to the European Union ministerial meetings concerning Greece’s...
EUR/USD Steady as Greece Crisis Intensifies
The EUR/USD little changed on Monday, while European stocks plunged amid fears that Greece was approaching a financial disaster after the government of Alexis...
EUR/USD Slips as Greek Bailout Talks Continue to Stall
The EUR/USD was under pressure on Friday, falling to the mid-1.11 region after the International Monetary Fund walked out of debt negotiations with Greece,...
Euro Soars on News of Possible Greece Deal
Negotiations between Greece and its international creditors advanced on Tuesday, raising hopes that a new deal agreement would be reached before Thursday’s payment deadline...
Greece Debt Talks Continue in Brussels
Talks between Greece and its creditors resumed in Brussels on Thursday, with both sides still far apart on an agreement needed to keep Athens...
EUR/USD Gains Traction
The EUR/USD soared on Wednesday, climbing to its highest level of the week following disappointing US retail sales figures and growing signs of a...
Greece Taps into Reserves to Repay IMF
Greece relied on emergency reserves to make a debt interest payment to the International Monetary Fund, a sign the far-left government of Alexis Tsipras has...
Greece Won’t Cross “Red Lines” in Bailout Negotiations
The Greek government will not renege on its campaign promises to voters in its negotiations with creditors, a government spokesperson said on Thursday, raising the likelihood...
USD Weekly Outlook (May 4-8)
The US dollar continued to backslide last week, falling nearly 2% against a basket of currencies as weak economic data kept demand for the...
EUR/USD Supported by Rising German Business Confidence
Rising German business confidence supported the EUR/USD on Friday, outweighing heated negotiations between Greece and the Eurozone at this week’s Eurogroup meetings.
The EUR/USD briefly...
