Euro Rate

Fitch and Moody’s still rate Spain’s sovereign with a “strong payment capacity”. S&P said it was likely the government would have to put more funds into banks and called on euro zone countries to better manage the sovereign debt crisis.

ECB easing bets increase as euro crisis intensifiesReutersBy Marius Zaharia | LONDON (Reuters) – Short-term euro zone interest rates are pricing in a rising chance that the European Central Bank may ease monetary policy further later this year as the s…

LONDON, April 23 (Reuters) – Short-term euro zone interest rates are pricing in a rising chance that the European Central Bank may ease monetary policy further later this year as the sovereign debt crisis intensifies and the economic outlook worsens.

BloombergEuro firms, shares dip as Europe debt worry lingersReutersYields on Spanish and Italian sovereign debt are still well below the highs of 2012 when they breached the critical levels, while dollar funding rates in Europe have remained stable. Th…

Globe and MailItaly Sells 11 Billion Euros of Bills as Crisis ReturnsBusinessWeekBy Chiara Vasarri on April 11, 2012 Italy sold 11 billion euros ($14.4 billion) of Treasury bills, meeting its target for the auction as rates rose on one-year debt for th…

BloombergItaly Sells 11 Billion Euros of Bills as Crisis ReturnsBloombergItaly sold 11 billion euros ($14.4 billion) of Treasury bills, meeting its target for the auction as rates rose on one-year debt for the first time since November amid a return of…

The European Central Bank left its main interest rate unchanged Wednesday after a rise in borrowing costs for Spain signaled that the sovereign debt crisis is not over and that a change in monetary policy is unlikely for now. With the euro zone …

“The remaining tensions in euro area sovereign-debt markets are expected to dampen economic momentum,” Draghi said at a press conference in Frankfurt. The ECB left its main refinancing rate at a record low 1 percent, as forecast by all 57 …

“The remaining tensions in euro area sovereign-debt markets are expected to damp economic momentum,” Draghi said at a press conference in Frankfurt. The ECB left its main refinancing rate at a record low 1 percent, as forecast by all 57 …

The influence of interest rate differentials (U.S. interest rates compared to euro zone interest rates) continues to dominate. During the first half of March, the U.S. dollar was able to gain on the euro, not just because of the ongoing sovereign debt …