Euro zone annual inflation held steady at 0.2 percent in July, far below the European Central Bank's target.» Read More
The currency markets have been trading on perceptions and expectations of interest rate changes. For the dollar to reverse its slide, an increase in US rate expectations will have to happen without other nations indicating that they will raise rates as well.
Decent U.S. employment numbers are failing to really lift the dollar, and Greece is talking tough about market upheaval. Is a Freaky Friday in the offing? Here's your daily FX fix.
The European Central Bank should not raise interest rates in its next meeting because it risks widening the gap between struggling periphery economies and the stronger ones at the center of the euro zone, economist Nouriel Roubini told CNBC Friday.
European shares were set to rise on Friday after sharp gains on Wall Street and in Asian equities on growing optimism on a key U.S. jobs report.
The European Central Bank decides to keep interest rates at the low, low rate of 1%, but hints that could change as early as April. Meanwhile, in China, a central bank governor predicts the yuan will become a reserve currency. Your daily FX fix, right here.
Periphery euro zone countries are seriously ill and will have to default on their debt at some point, Satyajit Das, a risk consultant and author of "Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives" told CNBC Thursday.
European stock index futures pointed to a rebound on Thursday on optimism over the health of the U.S. economy following forecast-beating data, and as oil prices dropped.
Less than 24 hours before Thursday's European Central Bank meeting, traders appear to be banking on hawkish comments from President Jean-Claude Trichet. But the outlook for the currency after that is considerably less certain.
With investors focused more on monetary policy than economic growth, the U.S. dollar is suffering. And absent a major crisis that sends investors scurrying for safety, there may be more weakness by the end of the year, say currency strategists.
If you want to trade currencies on your own for a living, you'd better be prepared to keep some weird hours - and watch out for tumbling New Zealand kiwis. Here's your daily FX Fix.
European stock index futures pointed to a lower open on Wednesday, mirroring losses in U.S. and Asian shares as rising tensions in the Middle East and North Africa lift oil prices.
The hawkishness of the European Central Bank makes the euro a better buy than the Swiss franc, says UBS's Amelia Bourdeau.
It's a Europe day: the pound and the euro are moving higher, and the dollar is slipping. Again. Here's your daily FX Fix.
Italian banks, which are shareholders in the country’s central bank, want to have their stakes in the Bank of Italy marked-to-market on the back of surging gold prices.
European stock index futures pointed to a higher open on Tuesday after bullish comments by Warren Buffett helped Wall Street gain overnight .
After announcing a deal with the Irish government to buy the country’s largest savings bank, legendary investor Wilbur Ross, chairman and CEO of W.L. Ross & Co., told CNBC Monday that the European nation will have a V-shape recovery.
The dollar is continuing its slide and euro buyers are emerging, drawn by hopes for relatively attractive yields - but how long before Portugal needs a bailout? Your daily FX Fix, right here.
Ireland goes to the polls on Friday in a general election expected to sweep the ruling coalition from power – the first defeat for a eurozone government since the onset of the debt crisis.
Many economists think he should be the next person to run the European Central Bank. But among government leaders in Berlin and Paris, where many of Europe’s most important decisions are made, Mario Draghi, the governor of the Bank of Italy, generates a palpable lack of enthusiasm, reports the New York Times.
European shares were set to edge up on Friday, snapping five straight sessions of falls, after a retreat in crude prices.