GO
Loading...

Euro

More

  • Euro Zone August Growth Dips, Confidence Hit Friday, 24 Aug 2007 | 6:44 AM ET

    Euro zone private sector growth cooled in August as factory order growth hit its weakest since late 2005 and a credit squeeze in financial markets bruised service sector confidence, key data showed on Friday.

  • Central Banks Worried Turmoil May Linger Thursday, 23 Aug 2007 | 10:52 AM ET

    Global financial turmoil prompted the Bank of Japan to hold rates on Thursday and warn that the tremors would take time to settle, and the European Central Bank was inundated with demand at a new money market tender.

  • Yen Sharply Lower on Renewed Risk Appetite Thursday, 23 Aug 2007 | 10:29 AM ET

    A surge in investors' appetite for higher-yielding currencies and assets pushed the yen towards its biggest daily and weekly losses against several currencies for years on Thursday.

  • Dollar Extends Losses vs Euro on Bomb Threat Report Wednesday, 22 Aug 2007 | 1:54 PM ET

    The dollar extended losses against the euro on Wednesday after a news report about a bomb threat in upstate New York.

  • Yen Holds Gains, Carry Trade Keeps Unwinding Tuesday, 21 Aug 2007 | 9:57 PM ET

    The yen held gains against the U.S. dollar and euro on Wednesday as investors kept shedding risky positions after a slide in a U.S. stock index gave a reminder that confidence in the credit market has yet to be restored.

  • Yen Climbs as Investors Shun Risk, Await Fed Cut Tuesday, 21 Aug 2007 | 5:13 PM ET

    The yen gained broadly Tuesday as jitters about global credit conditions led investors to shed risky assets funded by borrowing in the Japanese currency

  • The dollar inched higher against the euro Monday after a new report said that U.S. economic growth was set to pick up slightly despite misgivings about the housing market.

  • Dollar Falls after Fed Acts on Credit Turmoil Friday, 17 Aug 2007 | 3:05 PM ET

    The dollar fell broadly Friday after the Federal Reserve slashed the interest rate it charges on loans to banks, and said economic growth could slow in light of tightening credit markets.

  • Yen Rallies Across Board as Investors Exit Carry Trades Thursday, 16 Aug 2007 | 3:52 PM ET

    The yen had its biggest one-day gain versus the dollar in almost nine years Thursday, as investors unwound risky trades financed with borrowed yen, on fears of a global funding crisis. The yen soared against all major currencies and hit its strongest level since November against the euro.

  • Dollar Rises Against Euro as Yen Rallies Broadly Wednesday, 15 Aug 2007 | 1:25 PM ET

    The dollar rose against the euro, and the yen rallied on Wednesday after investors cut exposure to carry trades as losses in the U.S. subprime mortgage market widened.

  • The Philippine peso and Singapore dollar led the losses in Asia on Wednesday as investors extended their aggressive sales of risky assets on fears U.S. credit market woes were spreading overseas.

  • Euro Falls on Credit Worries; Dollar Gains on Data Tuesday, 14 Aug 2007 | 11:47 AM ET

    The euro touched a six-week low against a broadly firmer dollar Tuesday as investors shunned the single currency on renewed concerns European banks may face losses related to the U.S. subprime mortgage market.

  • The European Central Bank lent banks 73.5 billion in extra funds on Tuesday, topping up their coffers for one week to help ease tensions in the euro-zone credit markets.

  • Euro Falls vs. Dollar, Yen after ECB Funds Injection Monday, 13 Aug 2007 | 2:12 PM ET

    The euro fell Monday, after the European Central Bank injected cash into the banking system for a third straight day, reminding investors that Europe was not immune from credit problems originating in the United States.

  • The Federal Reserve may be politically hampered in requesting a currency swap with the European Central Bank even if such a move could help relieve a squeeze in money markets, said analysts at Wrightson ICAP in a note to clients on Monday.

  • Yen Edges Lower as Fed Injections Ease Credit Fears Friday, 10 Aug 2007 | 5:47 PM ET

    The yen drifted lower against the dollar and euro in volatile trading after the Federal Reserve injected cash into the banking system for a third time on Friday, underpinning U.S. stocks and soothing nervous financial markets.

  • Inflation in the 13 nations that use the euro fell to 1.8 % in July, the EU statistics agency said Tuesday, as business confidence weakened from a near-record high.

  • Dollar Drops to 3-Month Low vs. Yen Thursday, 26 Jul 2007 | 12:06 PM ET

    The dollar dropped to a 3-month low Thursday, as investors spooked by growing problems in credit markets fled risky assets financed by borrowing in the low-yielding Japanese currency.

  • Dollar Rises Against Euro in Technical Rebound Wednesday, 25 Jul 2007 | 10:49 AM ET

    The dollar jumped broadly Wednesday in a technical rebound from record lows against the euro, shrugging off fresh signs of deterioration in the U.S. housing sector.

  • Dollar Index at 15-Year Low on Housing Market Woes Tuesday, 24 Jul 2007 | 2:36 PM ET

    The dollar fell to a 15-year low against a basket of major currencies and a record low against the euro Tuesday, hurt by the potential for credit woes and housing market weakness to weigh on the U.S. economy.