The euro was higher today against all of most-traded currencies as investors speculated that the European leaders would take steps to ease the negative influence of the sovereign-debt crisis and would seek a way out of the current detrimental economic state.
Crisis — News Archive
July 25th, 2012 at 21:30
The Great Britain pound dropped today after the government report showed that the UK economy contracted in the second quarter of this year more than was estimated by analysts.
June 22nd, 2012 at 17:23
The Brazilian real rallied today on hopes that European politicians would find a way out of the sovereign-debt crisis that plague the countries of the European Union. Riskier currencies of emerging markets rallied on improving market sentiment.
June 19th, 2012 at 13:24
The Russian ruble fell against the US dollar today after price for Brent crude oil decline amid growing concerns that the debt issues in the countries of the European Union are worsening.
June 04th, 2012 at 13:44
The rebounded today, posting the second day of gains, but sustainability of the rally is highly questionable. Earlier, the currency declined as European leaders struggled to find a solution for the debt problems of the European Union.
May 31st, 2012 at 20:56
The Canadian dollar continued its race down, falling to the lowest level this year against its US peer and to the four-month low versus the Japanese yen, as the situation in Europe does not shows signs of improvement, eating away appeal of commodity currencies.
May 31st, 2012 at 5:24
The Great Britain pound fell to the four-month low against the US dollar and to the three-month low versus the Japanese yen on concerns that the spreading European crisis may negatively affect the UK economy.
May 30th, 2012 at 23:02
Europe’s debt story continues to eat away investor’s confidence and, as a result, the Canadian currency continues to suffer. The euro feels even worse, though, and the Canadian dollar reached the highest level in almost two years against the shared European currency.
May 29th, 2012 at 17:36
The Canadian dollar fell today, heading to a monthly loss against the US dollar and a second straight monthly drop versus the Japanese yen, as the crisis in Europe eroded demand for currencies related to growth. Unsurprisingly, Canada’s currency managed to outperform the euro.
May 29th, 2012 at 10:25
The euro extended its decline today amid mounting concerns about the sovereign-debt crisis in Europe and the ability of the eurozone to keep its integrity, caused by uncertainty about the June elections in Greece and signs that the crisis is spreading.