The euro is the currency used by institutions of the European Union and 17 of 27 nations of the Union, which is collectively called the eurozone. The currency is also often used in some other countries, including those that are situated near the borders of the eurozone. The currency was officially adopted in 1995, introduced in financial markets in 1999, while coins and banknotes were released in 2001. It is the second popular reserve currency after the US dollar.



Euro News Archive

Euro Continues to Struggle

Euro continues to struggle today, although it is off recent lows. Concerns about the eurozone, as well as continued low oil prices are weighing on the 19-nation currency region.

Stocks, Greek Elections Don’t Bring Euro Down

Euro is a little bit rattled today, but not enough to be seeing losses to its major counterparts yet. Between lower stocks across the eurozone, and concerns about the outcome of Greek elections, many expected the 18-nation currency to be doing worse today.

Euro Continues to Struggle; Likely to Struggle in 2015

Euro continues to struggle, turning in a mixed performance today. The 18-nation currency is finding it difficult to maintain gains as concerns about the economy continue to rise. While the euro is turning in a slightly stronger performance against the US dollar today, it’s not likely to last.

Euro regains ground, but not for long

Euro is gaining a little ground today, heading higher thanks to some improved data, and better risk appetite. However, the euro’s new found gains are likely to be short lived, since the 18-nation currency remains on shaky ground.

Euro Falls Despite Positive Data from Germany

The euro dipped on Friday, falling to a new multi-year low versus the US dollar, even though economic data from Germany was fairly positive. As the majority of most-traded currencies, the euro gained on the yen after the Bank of Japan maintained its exceptional monetary stimulus.

Euro Continues to Drop on Expectations of More Easing

There are expectations of more easing early in the coming year, and that is sending the euro lower today. Expectations that the ECB will have to take more steps to support the eurozone economy are being priced into the market right now.

Euro’s Performance Resumes Downward Trend

Earlier, the euro saw some gains against its major counterparts. Right now, though, the euro is resuming its downward trend, losing ground to most of its major counterparts. Concern about the euro, and policy divergence, are weighing on the 18-nation currency.

Euro Mostly Lower Against Major Counterparts on Greece

Euro is mostly lower against its major counterparts today, thanks to expectations of future weakness, along with another drop in gold prices. One of the biggest reasons that euro weakness is becoming an issue again is the fact that there are rumblings in Greece. And, of course, it doesn’t help that risk appetite is once again becoming an issue.

Euro Gets a Temporary Boost

Euro is heading higher today, gaining ground against most of its major counterparts, as commodities gain and as Forex traders consolidate previous positions.

Euro Ends Week with Losses vs. Dollar, Mixed Against Other Currencies

The euro demonstrated big losses against the US dollar this week, falling to the lowest level in more than two years. The euro’s performance against other currencies was mixed: the shared 18-nation currency ended the week lower against the Great Britain pound, flat versus the Australian dollar while against the Japanese yen, the euro reached a new multi-year high.

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