Tag: euro

US Dollar Propped Up By Greece Default Fears

The US dollar climbed against a basket of currencies on Monday, while the euro declined across the board as the markets grew jittery ahead...

EUR/USD Weekly Outlook (April 20-24)

The EUR/USD is expected to face significant action this week, which is headlined by a crucial Eurogroup meeting over Greece on Friday. The EUR/USD rallied...

EUR/USD Edges Higher as Greece Raises Cash to Cover Loan Payment

The euro advanced against its US counterpart on Wednesday, as Greece raised cash to cover its April 9 loan payment to the International Monetary...

EUR/USD Weekly Outlook (Mar. 30 – Ap. 3)

Several high profile data releases are on the docket for the EUR/USD this week. The pair successfully rebounded from 12-year lows over the past...

EUR/USD Under Pressure as Greek Bailout Crisis Weighs

The euro was little changed against its US counterpart Friday after declining more than 70 pips in the European session, as fresh concerns over...

EUR/USD Gains Traction as Eurozone Recovery Accelerates

  The euro advanced for a second consecutive day against its US counterpart on Tuesday, as German investor confidence reached a 13-month high in March,...

EUR/USD under Pressure as Greek Debt Talks Continue

The euro was back on its heels on Friday, as European Commission president Jean-Claude Juncker met with Greek Prime Minister Alexis Tsipras in a...

US Dollar Approaches Key Milestone

The US dollar resumed its upward climb on Wednesday, setting another 12-year high as it approached a key milestone against a basket of trade-weighted...

Greece, EU to Resume Bailout Talks on Wednesday

Negotiations between Greece and its European Union paymasters will resume on Wednesday, after another day of negotiations tested the patience of Eurozone partners. The European...

Greece Threatens Referendum Ahead of Eurozone Ministerial Meetings

Tensions between Greece and its EU paymasters escalated over the weekend, after Athens’ anti-austerity coalition said it would call a referendum or a new...

EUR/USD Falls Below 1.09, as ECB, Nonfarm Payrolls Weigh

The euro plunged to fresh 12-year lows against the US dollar on Friday, as recent comments from European Central Bank President Mario Draghi continued...

EUR/USD Plummets ahead of ECB Press Conference

The euro declined sharply against its US counterpart on Wednesday, as investors turned their attention to the European Central Bank’s monthly monetary policy meetings,...

EUR/USD Rebounds as Eurozone Deflation Slows

The euro was trading higher against its US counterpart Monday, as stronger than expected Eurozone CPI and unemployment data suggested the struggling currency region...

EUR/USD Little Changed as Goldman Sachs Lowers Forecast

The euro posted modest gains against the US dollar on Wednesday, although upside was limited after international investment bank Goldman Sachs lowered the common...

German Business Confidence Rises in February: Ifo

  German business confidence improved again in February, rising for the fourth consecutive month in the latest sign Europe’s largest economy was recovering from last...

Eurozone Finance Ministers Resume Emergency Negotiations on Greece Bailout

  Eurozone finance ministers met in Brussels on Friday for another round of negotiations to bridge the gap between Greece and its EU paymasters after...

EUR/USD Weekly Outlook

The euro was trading cautiously on Monday, following a week of uncertainty that ended with Greece securing a short-term loan extension in exchange for...

Eurozone Finance Ministers Resume Greece Bailout Talks as EU Deadline Approaches

The financial markets were on edge on Tuesday, as the pressure mounted on Eurozone finance ministers to reach an agreement over Greece’s loan program. Greek...