Euro Rate

Sterling hit a 2-1/2 month high against the euro on Thursday, shrugging off a surprise drop in UK factory output that raised doubts over recent signs of economic recovery. The Bank of England was expected to make no changes to interest rates at …

An Insufficient FirewallNew York TimesBut it is not nearly enough to fend off speculators, hold down interest rates or aid the pro-growth policies needed for economic recovery. Experts from around the world had called for a firewall of at least 1 trill…

In light of the still shaky nature of the recovery, the OECD said that central banks should be prepared to keep interest rates low and maintain other crisis measures “for a considerable time to come”. “In the euro area one might even argue there is som…

Forex – EUR/USD firms on China's IMF commentsForex Rate It!The euro also firmed ahead of the greenback in anticipation of a second long term refinancing operation, under which the European Central Bank gives banks access to loans with very low inte…

3News NZEuro gains as borrowing rates in Italy, Spain fallBusinessWeekThe euro rose against the dollar Thursday as borrowing rates fell for Italy and Spain, a sign that investor confidence in those two debt-hobbled countries is improving. Traders also …

New Zealand HeraldEuro up vs. dollar as borrowing rates fall in Italy, Spain and US data looks …Washington PostNEW YORK — The euro rose against the dollar Thursday as borrowing rates fell for Italy and Spain, a sign that investor confidence in thos…

Traders also bought euros because of worries that the economic recovery in the United States is slowing. More Americans filed unemployment claims last week, and retail sales barely grew in the last month of the year. The euro rose to $1.2827 in …

Traders also bought euros because of worries that the economic recovery in the United States is slowing. More Americans filed unemployment claims last week, and retail sales barely grew in the last month of the year. The euro rose to $1.2831 in …

The GuardianEuro gains as borrowing rates in Italy, Spain fallThe Associated PressNEW YORK (AP) — The euro is rising against the dollar as borrowing rates fall in Italy and Spain. That's a sign that investor confidence in those two countries is i…

Telegraph.co.ukEuro crisis blocks the path to full economic recoveryTelegraph.co.ukYet perhaps the biggest surprise of the lot was the persistence of extraordinarily low interest rates. I'm speaking here not just of officially determined short-term…