Euro Rate

Confidence in Euro “The euro is still generally seen as a positive for the applicant countries as long as the conversion rate is somewhat competitive,” Elisabeth Gruie, an emerging-markets strategist at BNP Paribas SA in London, said in an e-mail. …

LONDON (AFP) – The euro rose sharply against the dollar on Friday at the end of a turbulent year for the eurozone and as Estonia prepared to become the latest country to adopt the single currency. The euro jumped to 1.3354 dollars in morning trade he…

Washington PostYear-End Review of Dollar: Very WeakSeeking AlphaIt's down against the yen, up against the euro, down against the loonie, down against the aussie, and up against the pound. It's about unchanged against a …Global stocks steady a…

But I imagine in six months I will like the euro as well,” said Sergei Nester, 33, a real estate broker, after changing some coins. The kroon will be converted at the rate of 15.6466 at which the currency was pegged to the euro. Celebrations will inclu…

FX OUTLOOK-Dollar up in 2010; gains seen on recovery hopesReutersThe yen neared 80 per dollar earlier this year, just shy of a post-World War Two high of 79.75 set in 1995, as long-term US interest rates fell and markets …and more »

Growth, earnings to confront curbsLivemintWhile a double-dip recession is a fear of the past, the risk of a euro zone country default is real. Prices of commodities, especially rising crude oil, …An upturn for the US, but China could see a slowdownWa…

LONDON (Reuters) – The euro currency area has only a one-in-five chance of surviving in its current form over the next 10 years because of competitive imbalances between its members, a leading British think tank said on Friday. The Center for Economi…

TALLINN, Estonia (AP) — The European Union hailed Estonia’s adoption of the euro in a few hours time as a symbolic boost for a currency that has just faced its worst crisis in its 12-year history. European Commission President Jose Manuel Barroso said…

Fox NewsEstonia Hours Away From Eurozone EntryRTT NewsTo qualify for euro area membership, candidates must show that their public finances are in good shape and the exchange rate and prices are stable. …Estonia Joins Euro as Currency Expands Into For…

Dec. 31 (Bloomberg) — Chancellor Angela Merkel vowed to defend the euro as “the foundation” of Germany’s economy and called for resolve to bolster the currency. “Europe is in the midst of a great test,” Merkel said in an advance text of a Ne…