Tag: Euro
‘The euro is a currency with a state’
Praising the deal reached earlier this week to reduce Greece's debt burden as an unprecedented commitment by euro zone governments to keep the crisis-wracked...
US deadlock, data cap global stocks; euro gains
The euro fell to session lows against the dollar after data on U.S. consumer spending and income fell short of expectations, though it later...
Stocks recover, euro pares loss on Boehner words
U.S. and European stocks rebounded to post gains while the euro pared losses on Wednesday as investors shifted into buying mode after perceived positive...
Euro slips after buying on Greek rescue fizzles
The euro slipped in Asian trade on Wednesday after a buying spree sparked by Greece’s bailout deal fizzled owing to lingering concerns over Europe’s...
Euro steady as traders await Greek rescue deal
The euro traded in a narrow range against the dollar Monday in a nervous market awaiting the outcome of a meeting of Greece’s creditors...
EU leaders warn budget deal far off
European leaders voiced pessimism Friday on reaching a deal on a trillion-euro EU budget, as gruelling talks pushed into a second day with little...
Greece: Lack of deal ‘threatens euro’
The failure of eurozone ministers to reach a deal to give Greece its latest bailout payment threatens the whole bloc, leaders have said.
Following nearly...
Greece: Eurozone ministers to make crunch decision
Eurozone finance ministers meet later to decide whether to release the next 33bn euros ($42bn; £27bn) of bailout cash needed by Greece to stay...
S&P downgrades ABN Amro, Rabobank
Standard & Poor's downgraded Dutch banks ABN AMRO, Rabobank and others Friday citing their exposure to a deeper economic slump in the Netherlands and...
France bank chief says end of euro would be ‘disaster’
Bank of France governor Christian Noyer said Friday the euro is here to stay and warned that its disappearance would be an "absolute disaster".
The...
Moody’s to review Cyprus for possible downgrade
Rating firm Moody's said Friday it would review Cyprus for a possible downgrade, citing dragging bailout talks with international lenders on an aid package....
Greece to clear five-billion-euro debt hurdle: debt agency
Greece on Friday was in the process of repaying a five-billion-euro treasury bill with money raised from another debt issue this week, thus avoiding...
Europe’s Plan A
Europe’s politicians nowadays are desperately looking for someone to blame for the euro crisis. Germany blames France, and vice versa. Even lawyers are getting...
Euro at two-month low versus dollar on European growth concerns
The U.S. dollar and the yen advanced, while the Australian dollar weakened, as investors shed growth-linked currencies in favor of safe havens.
Growth in Germany,...
Crude up in Asia on bargain-hunting
Crude prices bounced on bargain-hunting in Asia Thursday after suffering big losses in New York where dealers were spooked by concerns over the...
Euro weak in Asia ahead of ECB meeting
The euro weakened in Asia Thursday as markets looked to a European Central Bank meeting as the next key trading peg after the US...
Euro falls vs dollar, yen on euro zone uncertainty
The single currency was expected to stay subdued against the dollar and the yen, with investors preferring safe-haven currencies also on renewed worries about...
