The euro slumped against the US dollar as Federal Reserve Chairman Ben Bernanke said that the central bank will likely reduce stimulus by the end of the year. The currency was firm against some other majors, including the Great Britain pound and the Japanese yen.
Europe — News Archive
June 19th, 2013 at 23:56
June 08th, 2013 at 11:57
The euro had a stellar week against the US and Australian dollars, but performance against some other currencies, including the Great Britain pound and the Japanese yen, was less impressive.
June 06th, 2013 at 13:43
The euro surged today after the European Central Bank left interest rates unchanged and voiced optimism about future economic developments in the eurozone.
May 15th, 2013 at 9:35
The euro fell today as German economic growth trailed forecasts, reducing investors’ optimism about the future of the eurozone.
April 26th, 2013 at 22:14
The euro ended the last trading day of this week higher against the US dollar, but lower versus the Japanese yen and the Great Britain pound as market participants speculated whether the European Central Bank will cut interest rates next week.
April 25th, 2013 at 21:50
The euro remained under pressure as continuously bad reports from Europe drive investors away from the region’s assets and make them question if the European Central Bank will act to help the failing economy.
April 16th, 2013 at 0:52
The euro was steady today and even attempted to rally versus the US dollar. The currency sank yesterday against safe currencies after poor macroeconomic data from China and the United States spurred risk aversion on the Forex market.
March 30th, 2013 at 23:12
The euro was trying resisting the forces that were pulling it down, but was largely unsuccessful, falling against other major currencies. This was not a straight move down though and the week ended on a bright note.
March 29th, 2013 at 0:20
The euro bounced after fears of financial crisis in Cyprus abated to some degree. The currency advanced versus the US dollar and erased losses against the Japanese yen, but remained soft against the Great Britain pound.
March 27th, 2013 at 23:26
The Great Britain pound declined today against the US dollar and the Japanese yen after the data confirmed the contraction of economy in the last quarter. At the same, time the currency rose versus the euro, which was hard-pressed by the problems in the eurozone.