Euro Rate

Ldn FX: Euro-Dlr At Post-NFP Lows On Greek Debt DisappointmentMNI NewsHowever, the lack of decent downside momentum prompted short term traders to cover back ahead of the NY open, with rate holding around $1.3050 late morning. EURO SUMMARY: Opened earl…

Decline in euro rates to aid Indian equities: Morgan StanleyEconomic TimesThe euro is set to become a more attractive currency for international funding in 2012, which would work in favour of Indian equities, Morgan Stanley says. "Our currency tea…

Italy Sells Maximum EU11 Billion of Bills as Rates DeclineBusinessWeekThe Treasury also sold 3 billion euros of 331-day bills at a rate of 2.214 percent. “Bond auctions in Italy are no longer nerve-wracking affairs,” Nicholas Spiro, managing direct…

EURO GOVT-Fed rally snowballs to push Italy yield below 6 pctReutersAnalysts said the tight correlation between US and German debt meant a surge in demand for US Treasuries had spilled over into the euro zone, where interest rates were also seen unlike…

EURO GOVT-Bunds rally on Fed low rate extension, Greek talksReuters… catching up with US Treasuries after the Federal Reserve indicated it would keep rates ultra-low for longer than previously suggested, with continued fears of a chaotic Greek defaul…

Key Dollar And Euro Borrowing Rates Fall; Sterling UnchangedWall Street JournalLONDON (Dow Jones)–The cost of borrowing dollars and euros for three months in the London interbank market fell Tuesday, while the corresponding sterling rate was unchanged…

Europe Debt Crisis Still Likely to End Badly: Simon JohnsonBloomberg… move the exchange rate. When the country that devalues has borrowed heavily in a foreign currency — as the euro effectively is for Italy at this point — there is a sovereign debt…

Currency Market Awaits First Fed Rate OutlookWall Street JournalMarket participants say the negotiations remain a wild card that could further buoy the euro, which has been on an upswing, or send it back toward the depths it hit recently. Earlier this …

Czechs Don't Need Higher Rates in Near Term, Central Banker SaysBusinessWeekThe Czech economic outlook is clouded by the debt crisis in the euro area, which takes about 70 percent of the country's exports. The economy is deviating from the bank…

Gazprom Price Retreat Offers EON Hope as Euro Crisis Cuts DemandBusinessWeekGermany's largest utilities EON AG and RWE AG are embroiled in arbitration with Gazprom over prices and volumes after losing billions of euros buying fuel at above- market …