Greece — News Archive

Risk Appetite Flees and Euro Struggles

Risk appetite has left currency market, and the result is a struggling euro right now. There has been some good news out of the eurozone, with Ireland and Spain exiting their bailouts, but there are still plenty of troubles and the European economic recovery may be far from certain.

Euro Drops on Economic Data, Italy

Euro is dropping today, falling against its major counterparts as disappointing economic data, along with the political situation in Italy, weigh on the 17-nation currency.

Euro Mixed as ECB Considers Lower Rate

Euro is mixed today, thanks to comments made by Mario Draghi following the latest ECB meeting. Concerns about the strength of the economic recovery in the eurozone are weighing on the 17-nation currency. The euro is higher against the dollar and the pound, but lower against the yen.

Euro Loses Ground After ECB Decision

Euro is mostly lower today, losing ground following the ECB rate decision. With other central banks indicating that they could be on the verge of ending easing programs, the eurozone remains committed to looser monetary policy. That is weighing on the 17-nation currency today.

Euro Drops on Economic Data, Syria Worries

Euro is lower today, dropping as economic data weighs on the 17-nation currency, and as concerns over Syria increase risk aversion. Euro is heading lower almost across the board, with Greece being pressured to sell assets and uncertainty over the geopolitical situation.

Euro Struggles After Lending Data Release

Euro is struggling today as uncertainty and the latest economic data weigh on the 17-nation currency region. Even though there have been some improvements in the last few weeks, concerns about what’s next are weighing on the euro.

Euro Firm on German Consumer Confidence & Bailout for Greece

The euro was firm today as German consumer confidence improved this month and the International Monetary Fund approved another tranche of bailout for Greece.

Euro Gains Against Dollar, Even as Eurozone Debt Swells

Euro is higher against the US dollar today, even with the swelling eurozone debt. However, the greenback is one of the very few major currencies that the euro is gaining against. When compared to other major currencies, the euro is losing ground.

Euro Slumps as Uncertainty Reigns

Euro is struggling today as uncertainty about the stability of the eurozone continues to weigh on sentiment. Between disappointing economic data, and conflicting reports about funding gaps, there are worries about what could be next for the eurozone, and that is sending the 17-nation currency lower against many of its major counterparts.

Euro Drops as ECB Board Member Reiterates Low Rates

Euro is heading lower today as indications for continued loose monetary policy from the European Central Bank continue to come. Euro has dropped a reasonable amount, but is still off its low, and trying to stabilize.



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