Euro Rate

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…

On Track: EADS Reports First Quarter (Q1) Results 2012ReutersDuring the first quarter, EADS implemented close to $ 10 billion of new hedges at an average rate of EUR 1 = $ 1.32, which enhances stability of the Group's future financial performance. …

Telegraph.co.ukExpat rates: your rates aren't moving, so it's time to get fixingTelegraph.co.ukEurozone base rates have been at 1pc for five months in a row and it seems unlikely the bank will put rates up. Indeed Trevor Williams, economics adv…

Italy pays lower rates in bond saleBusinessWeekItaly easily raised (EURO)10 million ($12.96 million) from the markets in a pair of bond sales in which it paid lower interest rates. Yields on 12-month bonds dropped to 2.34 percent from 2.84 percent a mo…

Swedish Krona Drops to Five-Month Low on Crisis: Stockholm MoverBloombergWhile policy makers have signaled borrowing costs will stay at that level for a year before tightening resumes, a deepening euro crisis may prompt more rate cuts, according to Swe…

Polish Bond Yields Hit 3-Week High After Unexpected Rate RiseBloombergThe bank's Monetary Policy Council will hold a news conference to explain its decision at 4 pm The central bank's policy panel warned last month that rates may rise if Poland…

Euro Zone Seeks New Growth PathWall Street JournalThe only way Mr. Bowers sees Germany as providing a "locomotive" to the rest of Europe is if its economy heats up on the back of the very low interest rates it is now enjoying. If that were co…

Euro Drops 4th Day Versus Dollar as Draghi May Hint at StimulusSan Francisco ChronicleThe 17-nation currency pared gains versus the yen after Spain's borrowing costs increased as it sold 2.52 billion euros ($3.31 billion) of notes. The ECB kept its…

Are Currency Rates Fixed Or Just Broken?Wall Street JournalBecause of price-controlling interventions in foreign exchange, imbalances spill over into other asset classes, into bonds and equities in particular. Those who have held the euro in check–in …

Romania Won't Cut Rates as Political Turmoil Sinks LeuBusinessWeekThe turmoil triggered a sell-off in the country's currency, which fell to an all-time low against the euro today and may force Romanian policy makers to shield the leu by keeping…