Euro Rate

“The true driver for the euro/dollar exchange rate is this increased uncertainty over the actual existence of the euro zone itself,” said Anthony King Managing Director of investment grade fixed income at PineBridge Investments in London. PineBridge …

The euro fell for the fifth of the last six sessions on chances … While U.S. yields rose slightly, benchmark rates remain below the technically important 1.8 percent level and not far off the seven-month low of 1.76 percent touched in overnight trade.

although at a slower rate. “I think those factors are all going to come together to lead to a further down leg in the euro,” said Higgins. “We would target something in the low to mid-1.20s over the next six to 12 months.” Even before the news on Greek…

msnbc.comMarket slides on Spain, Italy's higher interest ratesChicago Sun-TimesLast fall, nations that use the euro agreed to enforce budget discipline across the region. Since May 1, when the Dow closed at a four-year high, worries about Europe ha…

The unemployment rate fell to 8.1 percent in April from 8.2 percent in March … when they are concerned that the economy is slowing. The euro fell to $1.3089 in late trading Friday from $1.3151. The euro fell as low as $1.3078, its lowest point agains…

The euro dipped against the dollar on Thursday as a jump in borrowing costs at a Spanish debt auction highlighted market concerns about Madrid’s economic problems, and the shared currency looked vulnerable ahead of a European Central Bank rate …

… week low against the greenback after Draghi said the euro zone economy was likely to recover this year, although the outlook remained vulnerable to downside risks. He spoke after the ECB kept rates unchanged at 1 percent. While the euro initially r…

The euro dipped against the dollar on Thursday as a jump in borrowing costs at a Spanish debt auction highlighted market concerns about Madrid’s economic problems, and the shared currency looked vulnerable ahead of a European Central Bank rate decision.

LONDON (Reuters) – Gold eased on Thursday, under pressure from a decline in the euro ahead of a rate decision from the European Central Bank, while concern about Spain’s ability to finance itself simmered after yields shot up at a debt auction.

BRUSSELS (Reuters) – - Inflation pressures in the euro zone eased slightly in April from March but were still above expectations, giving the European Central Bank little room to lower interest rates to help revive economic growth across the continent.