Euro Rate

Sterling was at 80.61 pence per euro, 0.3 percent lower than its May 11 close, after touching 79.51 pence on May 16, the strongest since November 2008. U.K. inflation slowed to the lowest rate since September 2010 in April, a report will say …

Euro Drops Versus Dollar, Yen on Greece Crisis Contagion ConcernBusinessWeekBy Catarina Saraiva on May 19, 2012 The euro fell for a third week against the dollar, reaching a four-month low, after the failure of Greek leaders to form a government increa…

Sydney Morning HeraldEuro crisis goes beyond Greece; Germany, Britain worriedPittsburgh Tribune-ReviewSpain's central bank announced yesterday that the level of bad loans on the books of Spain's banks — hit by broke construction companies, a r…

Unemployment rate falls in two-thirds of US statesWOIA plummeting euro may make it harder for American companies to sell goods overseas. Credit could be tightened.More >> Your 401(k) could sink again. A plummeting euro may make it harder for Amer…

BloombergCANADA FX DEBT-C$ hits 4-month low on euro zone fearsReuters16 * Bond prices ease; 30-yr yield still near record low * Canada annualized inflation rate hits 2.0 pct in April By Claire Sibonney and Jennifer Kwan TORONTO, May 18 (Reuters) – The …

“At the end of the day the market is dominated by Greece and if that gets resolved one way or the other Bunds are going to drop, if not it’s uncharted territory for the Bund,” said Peter Schaffrik, head of European rates strategist at RBC Capital Markets.

A fixed exchange rate complicates the situation … “Our research suggests that the challenge of achieving external and fiscal balance is very large in the Euro area,” Nielen says. And, yes, that’s understating the situation.

European financial woes push markets lowerSeattle Post IntelligencerSpain's Prime Minister warned that the country faced the real danger of being locked out of international markets as investors continued to fret about the future of the euro. At on…

Key US Dollar Libor Unchanged; Sterling, Euro Rates FallWall Street JournalLONDON (Dow Jones)–The cost of borrowing dollars for three months in the London interbank market was unchanged Friday, while the sterling and euro rates fell. Data from the Bri…

Obviously we know how shaky the situation is and this is not really taken very seriously,” said Commerzbank rate strategist David Schnautz … But if you get a scenario of a violent break-up of the euro … then Germany finds itself with …