Euro Rate

NASDAQGerman Yields Fall to Records on Economy; French Bonds AdvanceBusinessWeekFive-year rates reached a record 0.546 percent. Two-year yields dropped to an all-time low of 0.066 percent on May 2. A euro-area composite index based on a survey of purch…

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 …

BloombergEurozone unemployment hits record highBusinessWeekBy PAN PYLAS The 17 countries that use the euro are facing the highest unemployment rates in the history of the currency as recession once again spreads across Europe, pressuring leaders to foc…

Euro-region unemployment rose to a 15- year high and manufacturing contracted for a ninth month, adding to signs the economic slump is deepening. The jobless rate in the 17-nation euro area increased to 10.9 percent in March from 10.8 percent in …

TIMEEuro-Area Unemployment at 15-Year High as Slump Deepens: EconomyBusinessWeekBy Jennifer Ryan and Fergal O'Brien on May 02, 2012 Euro-region unemployment rose to a 15- year high and manufacturing contracted for a ninth month, adding to signs the…

The euro was 0.2 percent from a two- week low against the yen … Australia’s dollar fell against major peers before the Reserve Bank sets interest rates today and China reports manufacturing data. The dollar traded below 80 yen for a second …

Romania Won't Cut Rates as Political Turmoil Sinks LeuBusinessWeekThe turmoil triggered a sell-off in the country's currency, which fell to an all-time low against the euro today and may force Romanian policy makers to shield the leu by keeping…

IBTimes.co.ukSpain's Unemployment Rate Rises to Highest in 18 YearsBusinessWeekBy Angeline Benoit on April 27, 2012 Spain's unemployment rate rose to 24.4 percent, the highest in 18 years, as the euro area's fourth-largest economy entered i…

BloombergItalian borrowing costs continue to riseBusinessWeekItalian rates, or yields, are rising as concerns about the eurozone's debt crisis are renewed. Italy easily raised (EURO)8.5 billion ($11.23 billion) in an auction Thursday that was overs…

Interest rates began to rise, choking off growth … Greece probably never should have been allowed to join the euro. The tragedy is that the fumbling of the Greek crisis has caused investors to become concerned about stronger members of …