Category Archives: News

The Euro’s slide to an 11-month low appears to have skidded to a halt, but the common currency remains vulnerable to further losses so long as the Eurozone crisis is unresolved. Continue reading →

The Euro managed to creep higher during the Asian trading session but still remains stubbornly close to an 11-month low which was struck on Wednesday. Market players cite ongoing worries over a Eurozone resolution as the primary reason for the sell-off. Continue reading →

Following the announcement by the U.S. Federal Reserve Bank that they would leave their monetary policy unchanged, the Euro sank against the greenback, and stayed close to an 11-month low. Continue reading →

As was generally expected, the outcome of the last European Union summit left investors unsatisfied and the Euro, as a result, fell in Asian trading against the U.S. Dollar. Continue reading →

After an expected ECB decision which was followed by a disappointing press conference, the Euro took a turn for the worse and struggled to find footing in Asian trade. Continue reading →

As markets and analysts had been expecting, earlier today the European Central Bank announced another 25 basis point reduction to its benchmark interest rates, bringing the new rate to a record low 1%. Mario Draghi, the newly installed head of the ECB who assumed the role less than two months ago, appears to have set a fairly aggressive goal to reverse the previous administration’s tight monetary policy. Continue reading →

The common currency Euro remains steady as the European Central Bank is set to make what many believe will be its second consecutive interest rate cut later in the trading day. Continue reading →

Market players remain cautiously optimistic that a resolution to the debt crisis will be provided by the Eurozone’s leadership, as they prepare to meet later this week for what is being deemed as a make-or-break E.U. Continue reading →

Standard & Poor’s rating agency has said that they might embark on the credit downgrade of the Eurozone members en masse, unless the Eurozone leaderships find a definitive solution to solving the debt crisis which has plagued the region for the better part of two years. Continue reading →

The Euro is seeing some positive momentum in the Asian trading session on investor hopes of a definitive resolution to the European debt crisis as a crucial summit begins later this week. Continue reading →