Euro Rate

The National Interest OnlineJobs data highlight gap in eurozone fortunesFinancial TimesUnemployment in the 17 euro countries climbed to 10.4 per cent in December, with the November rate revised upwards to the same rate, setting a fresh record since the…

hedge funds were short the Euro against the dollar “like never before”… Make of it what you will — obviously their positions have fluctuated dramatically in the last couple of years (along with the exchange rate itself). Since January 16 …

The euro jumped to a five-week high versus the dollar following the Federal Reserve’s announcement that near-zero rates would be extended another year, until at least late 2014. The commitment to loose policy by the US central bank also pushed the do…

euronewsIMF Warns Hungary of Potential Debt-Repayment Risk If Euro Crisis WorsensBloombergThe central bank maintaining a “tightening bias” is “appropriate,” while the Magyar Nemzeti Bank doesn't have room to cut rates, the IMF said. Unexpec…

Globe and MailEuro Rises to Two-Week High as Spain Sells Debt; Aussie WeakensBusinessWeek“It seems like the whole market is short the euro, so any bounce you see is being perceived by the market as a chance to put some risk on and squeeze the shorts …

The euro-kiwi exchange rate is hardly one of the world’s most important financial indicators. But it reflects a reality not captured by the much more closely watched dollars per euro: the euro has already fallen a very long way. Against the dollar …

Business RecorderBond auctions bolster euroFinancial TimesBy Neil Dennis The euro climbed after Spain sold double the amount of bonds at auction than it had targeted, while the European Central Bank's decision to keep interest rates unchanged helpe…

The GuardianFalling currency gives eurozone a liftFinancial TimesAlthough accounting for a lower share of GDP than in Germany – less than 30 per cent – Italian exports are more sensitive to the euro exchange rate, reflecting Italy's cost disadv…

Reduced expectations of a third round of quantitative easing of monetary policy in the US combined with predictions that the European Central Bank will cut interest rates further are leading global investors to use the euro as a funding currency for ca…

Globe and MailMONEY MARKETS-Euro rates ease but record cash parked at ECBReutersBanks parked a record 455 billion euros in overnight deposits at the ECB, data showed on Friday, reflecting their preference for the safety of the central bank to the highe…