euro

Euro Falls As Recession Deepens

Armen Hareyan — Fri, 02 Jan 2009 07:59:38 -0600

European manufacturing report showed the recession is deepening in EU, which in turn brought down Euro vs. U.S. dollar and and the Japanese Yen.

UK Conservatives Tell Labour To Come Clean About Euro

Armen Hareyan — Mon, 01 Dec 2008 09:14:54 -0600

UK Conservative William Hague has demanded an explanation after the President of the European Commission confirmed senior Labour politicians are considering joining the euro.

The Greenback Bears Are Now In Grizzly Mode

Armen Hareyan — Fri, 29 Feb 2008 09:00:25 -0600

On the basis of the last consecutive three trading days we can strongly confirm that the U.S. economic condition has definitely become less favorable and it is about to face a severe dollar crisis. During those last three days, the dollar dropped several times to new records low versus the 15-nation currency.

Cyprus and Malta adopt the euro

harminka — Tue, 01 Jan 2008 15:08:49 -0600

Today at midnight, the Republic of Cyprus and the Republic of Malta, both small island states in the Mediterranean and former British colonies, adopted the euro as their official currency; less than four years after their accession to the European Union.

Dollar up slightly against euro

Dinka — Thu, 29 Nov 2007 10:36:36 -0600

As consumer confidence slipped in France, one of Europe's largest economies, euro fell against dollar Thursday.

Denmark to hold referendum on euro

Dinka — Thu, 22 Nov 2007 09:57:31 -0600

A referendum on whether to adopt the euro and drop other exemptions to European Union cooperation will be held in Denmark, the premier said Thursday.

Dollar coast 115.34 yen, euro - USD1.4470

Dinka — Thu, 01 Nov 2007 05:23:45 -0500

The dollar rose slightly against the yen in Asia Thursday as traders remained cautious on prospects for the U.S. economy.

Europeans Worry About Euro's Rise Against US Dollar

Dinka — Wed, 03 Oct 2007 10:53:57 -0500

The euro currency used by 13 European Union countries touched record highs against the dollar for the past eight trading days. And that worries the Europeans whose exports are getting more and more expensive.

Dollar Declines to New Record Low Against Euro

Dinka — Sat, 29 Sep 2007 05:29:32 -0500

Financial markets have steadied since the September 18 cut in short-term US interest rates. But the dollar continues to fall while the prices of raw materials rise.

Expanded Eurozone offers boost for overseas property market

Geoff Burnz — Thu, 19 Jul 2007 08:56:54 -0500

2008 Eurozone entrants Malta and Cyprus could offer a boost overseas property purchases. According to currency specialist HiFX, Britons looking to invest in property abroad may soon start paying more attention to Malta and Cyprus.

Dollar sets new record lows against pound and euro

Dinka — Wed, 18 Jul 2007 10:56:34 -0500

The British pound soared above US$2.05 Wednesday for the first time in 26 years. At 0750GMT, the British currency was quoted as US$2.0513 after trading as high as US$2.0548 earlier in the day.

Euro up against U.S. dollar

Dinka — Fri, 15 Jun 2007 09:42:39 -0500

The 13-nation euro rose Friday against the U.S. dollar, as traders looked ahead to economic reports from Washington for hints on future interest rate decisions. In morning trading, the euro bought US$1.3311, up from US$1.3307 in late New York trading the day before.