Euro Rate

Whether the ECB cuts the benchmark interest rate or offers the region’s banking sector cheap loans via another long-term refinancing operation (LTRO) will decide the fate of the euro The euro could get a boost if the ECB took the “liquidity route” inst…

Euro Zone Economy Skirts RecessionNew York TimesGermany has benefited from the European Central Bank's benchmark interest rate of 1 percent, which is set with the euro zone as a whole in mind but is probably too low for German conditions. While cre…

The central bank left its benchmark interest rate at a record-low 0.5 percent … Sterling fell against the dollar and euro yesterday as signs the economic outlook is worsening raised the prospect that King will hint at resuming bond purchases …

The European Central Bank left interest rates on hold as the region’s economic slump deepens. ECB policy makers meeting in Barcelona today kept the benchmark interest rate at a record low of 1 percent, as predicted by all 58 economists in a …

BloombergKrone Drops Most in Six Months on Norges Bank Rates CutBusinessWeekBy Anchalee Worrachate and Lucy Meakin on March 14, 2012 The krone dropped the most in six months against the euro after Norway's central bank unexpectedly cut its benchmar…

The Norwegian krone dropped to the weakest in a month against the euro after the nation’s central bank unexpectedly cut its benchmark interest rate as it attempts to deter investors from buying the currency as a haven. The krone also extended …

The Norwegian krone dropped to the weakest in a month against the euro after the nation’s central bank unexpectedly cut its benchmark interest rate as it attempts to deter investors from buying the currency as a haven. The krone also extended …

Moneycontrol.comYen Falls Against Most Peers Before Bank of Japan Concludes Policy MeetingBusinessWeekJapan's currency dropped 0.1 percent to 108.31 per euro. The euro was little changed at $1.3164. Twelve of 14 economists surveyed by Bloomberg New…

TorFX Foreign Currency Exchange (blog)Dollar Trades Near 10-Month High Against Yen Before Fed's Policy MeetingBloombergThe euro traded at $1.3166 from $1.3155, following a 0.2 percent advance yesterday. BOJ Governor Masaaki Shirakawa and his board …

The European Central Bank also left its benchmark interest rate unchanged at 1 percent, as predicted by 56 out of 58 analysts in a Bloomberg News survey. The euro stayed higher against the pound after ECB President Mario Draghi said recent …