Euro News

Portugal Budget Pact Fails to Cap Borrowing Costs: Euro Credit – BusinessWeek

On the same day as the bill sale, utility EDP-Energias de Portugal SA signed a 2 billion-euro revolving credit line that will cost the company 90 basis points more than benchmark money-market rates, below the 150 basis-point premium it paid for a credit …

Euro US Dollar Exchange Rate Forecast – Yahoo Finance

The latest break to fresh multi-day highs beyond 1.4160 puts a serious dent in bearish prospects and now likely opens a fresh upside extension towards next critical resistance by major falling trend-line resistance of off the record highs from 2008 by 1 …

Euro zone interest rates remain on hold – Finance Markets


Reuters UK

Euro zone interest rates remain on hold
Finance Markets
The European Central Bank (ECB) today elected to keep interest rates on hold at the historic low of 1% – where they have been since May 2009.
ECB Holds Rates SteadyWall Street Journal
ECB Keeps Rates at Record Low as Fed Embarks on Further EasingBloomberg
Grand Finale for the week in EuropeecPulse
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Exchange rates: British Pound ahead as MPC says no to stimulus – Economy News


Forex News Now

Exchange rates: British Pound ahead as MPC says no to stimulus
Economy News
The Pound Dollar exchange rate 1.012% higher with 1 GBP = 1.6263 USD. The Pound Euro exchange rate 0.162% higher with 1 GBP = 1.1417 EUR.
Ldn FX: Euro-Dollar Continues To Make Gains In Wake Of FOMCIMarketnews.com
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FEDERAL RESERVE INJECT A FURTHER $600 BILLION TO LIQUIDATE ECONOMYForex Rate
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UPDATE 2-ECB hold rates, to maintain exit focus after Fed – Reuters

FRANKFURT, Nov 4 (Reuters) – The ECB kept interest rates at 1 percent as expected on Thursday, leaving markets focused on how Jean-Claude Trichet explains a transatlantic policy split after the Federal Reserve launched a new bid to kick-start the U.S …

Key Euro, Sterling Libor Rates Unchanged; Dollar Rate Down – Wall Street Journal

Key Euro, Sterling Libor Rates Unchanged; Dollar Rate Down
Wall Street Journal
Data from the British Bankers' Association showed that euro rates were steady at 0.99000% compared to Wednesday. The spread between three-month euro Libor

Euro at new 9-month high over $1.42 after Fed move – AP – msnbc.com

The euro hit a new nine-month high against the dollar on Thursday … The Fed’s effort is aimed at lowering interest rates, which can encourage people to spend but also makes a currency less attractive for investors. In other trading Thursday, the British …

Ldn FX: Euro-Dollar Continues To Make Gains In Wake Of FOMC – IMarketnews.com


FXstreet.com The Forex Market

Ldn FX: Euro-Dollar Continues To Make Gains In Wake Of FOMC
IMarketnews.com
Rate held off best levels ahead of the ECB rate decision at 1245GMT, though no change in rates expected. ECB Trichet presser at 1330GMT will provide the
Ldn FX: Cable Extends Post-FOMC Gains, Still Trails Euro-DlrIMarketnews.com
FOMC decision brings no relief for the dollarFXstreet.com The Forex Market
Release of the highly anticipated FOMC decisionStock Markets Review
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