Euro Rate

Malaysia ChronicleGreek Euro Exit Would Risk Asia Crisis-Style Rout, Zeti SaysSan Francisco ChronicleMay 17 (Bloomberg) — A Greek exit from the euro could cause contagion comparable to the Asian financial crisis, according to Malaysia's central ba…

Kansas City StarSpain borrowing rates edge up on contagion fearsSan Francisco Chronicle"Right now there is a serious risk that (investors) will not lend us money or they will do so at an astronomical rate," Rajoy told Spanish lawmakers. Spain…

The GuardianEuro Falls to 3-Month Low as French, Greeks Vote Anti-AusteritySan Francisco ChronicleMay 7 (Bloomberg) — The euro weakened to a more than three-month low after Francois Hollande was elected president of France and as Greek voters flocked …

TechnoratiMONEY MARKETS-ECB deposit rate cut priced by markets seen unlikelyReutersBut if the deposit rate goes to zero it's a very different game," Peck added. The ECB has pulled out all the stops to help the banking sector as investor and co…

U.S. News & World Report (blog)Mortgage rates for 30-year loans hit record lowSan Francisco ChronicleMortgage rates for 30-year fixed US loans fell to a record low, reducing borrowing costs as concerns about the US economic recovery and euro-region une…

BloombergEuro Rises Against Yen as Draghi Refrains From Rate-Cut SignalSan Francisco ChronicleMay 3 (Bloomberg) — The euro strengthened versus the yen after European Central Bank President Mario Draghi said policy makers didn't discuss cutting int…

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…

BBC NewsECB Keeps Rate at 1% as Euro-Area Recovery Stalls on AusteritySan Francisco Chronicle"The latest data suggest the euro area is slowly sliding toward a deeper recession," said James Nixon, chief European economist at Societe Generale S…

BloombergEuro Weakens After S&P Cuts Spain's Debt Rating; Yen AdvancesSan Francisco ChronicleAustralia's dollar fell against the yen as traders bet the central bank will lower interest rates. "There is definitely an impact from the dow…

Stocks, Euro Advance as Treasuries Decline; Cattle Futures FallSan Francisco ChronicleThe US Commerce Department said today that sales of new homes were at an annual rate of 328000 in March, compared with the median economist estimate of 319000 in a Bl…