Euro Rate

TorFX Foreign Currency Exchange (blog)Euro Gains Versus Yen on Prospect of Combined Rescue FundBusinessWeekThe euro strengthened against the US currency as Germany said it may back plans to increase the debt-crisis rescue funds before the region's …

TorFX Foreign Currency Exchange (blog)Yen Play Is Blast From the PastWall Street JournalThat is because central banks' loose monetary policies in the US and Europe kept borrowing rates for banks artificially low, increasing the appeal of using the …

TorFX Foreign Currency Exchange (blog)Euro Touches High Versus Yen on Talk of Firewall BoostSan Francisco ChronicleMarch 19 (Bloomberg) — The euro touched a 4 1/2-month high against the yen after German Chancellor Angela Merkel said European officials…

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 …

TorFX Foreign Currency Exchange (blog)Portugal Yield at 13% Says Greek Deal Not Unique: Euro CreditBusinessWeekPortuguese 10-year debt yields 13.71 percent, down from a euro-era record of 18.29 percent reached Jan. 31 though higher than its 2011 averag…

TorFX Foreign Currency Exchange (blog)Pound to Euro exchange rate: The Pound declined against the US Dollar yesterdayTorFX Foreign Currency Exchange (blog)The Euro was unable to gain momentum against the Dollar on Friday and weakened towards 1.32 throu…

TorFX Foreign Currency Exchange (blog)Euro Remains Lower Against Yen Before Europe GDP Report, U.S. Jobs DataBloombergThe Australian dollar fell to a one-week low before a central bank meeting today at which policy makers will decide on interest rates….

TorFX Foreign Currency Exchange (blog)A Turning Point for the Euro?Wall Street JournalSome conditions now favor a weaker euro. The market is starting to anticipate higher US rates: The gap between US and euro swap rates has narrowed. Against other curr…

TorFX Foreign Currency Exchange (blog)EUR's Risk and Reward limited until LTROFXstreet.comEventually, this excess liquidity is likely to depress Euro front-end rates further. It is this that should keep the EUR vulnerable outright and against the c…

TorFX Foreign Currency Exchange (blog)Carry on euro traderDaily News & AnalysisBecause, if you are an investor, you might like to borrow euros in Europe where interest rates are low and 'carry' the single currency all the way to India where int…