The dollar rose against a basket of currencies after William Dudley told the NYT the Fed may raise interest rates twice in 2016. » Read More
British industrial output grew less than expected in November, despite a strong rebound in oil and gas production, adding to evidence that the economy may have contracted in the last three months of 2012.
Germany's economic performance declined in the fourth quarter of the year as industry reduced its production in line with weak European demand, the country's Economy Ministry said on Friday.
A fall in euro zone government bond yields, rallying regional equity markets and a stronger euro suggest that six months after Mario Draghi pledged to save the euro zone from collapse, the European Central Bank (ECB) chief appears to be winning his battle with financial markets.
The euro catapulted to an 18-month high versus the yen and hit a one-week peak against the dollar Thursday after the European Central Bank gave no indication of cutting rates.
European shares closed narrowly mixed after the European Central Bank and the Bank of England left interest rates unchanged Thursday, while a better-than-expected trade report from China provided support for investor sentiment.
Ireland has returned to the debt markets, peripheral bond yields have fallen and equities have rallied to 22-month highs. What can possibly go wrong?
The ECB said on Thursday that recent economic surveys and indicators had shown signs of stabilizing, suggesting an improved picture later in the year.
In the past few years, central banks around the world have pumped trillions of dollars into the financial system, partly motivated by the desire to keep their currencies weak in relation to others.
Rallying telecom stocks and a bullish start to the new earnings season propelled Europe's top shares to fresh 22-month closing highs.
The yen renews its slide on monetary easing expectations, and trade data steadies the pound - it's time for your FX Fix.
A growing number of economists predict the European Central Bank’s rate-setting committee will vote to cut interest rates again at Thursday’s meeting.
Central bank monetary policy has always focused on inflation. Or has it?
The dollar and euro plunged against the yen as investors booked profits in the aftermath of swift and significant gains.
Investors had one eye on the start of the earnings season in the U.S., but strategists said Europe's own earnings season could throw up a few surprises.
European shares surrendered their gains on Tuesday afternoon and turned slightly negative, tracking losses on Wall Street.
The euro gained for a second straight session against the dollar on Monday, benefiting from technical factors as well as expectations that the European Central Bank will refrain from cutting interest rates.
European shares finished in negative territory Monday, but financials helped limit losses after global banking regulators announced a watering down of key elements of their plan for banking rules.
Profit taking takes the dollar down, but euro zone investor sentiment is on the rise - it's time for your FX Fix.
With scant prospect of a swift return to growth in the Euro zone, the risk in 2013 is less outright conflagration in the single-currency area than a fraying of social and political ties and an insidious erosion of hope.