Euro Set for Biggest Weekly Drop in 3 Months – Bloomberg

The euro headed for the steepest weekly drop versus the greenback … The currency pared its gain to trade 1.4 percent higher at 52.8750 after the RBI left interest rates unchanged. It fell to an all-time low of 54.3050 yesterday.

Euro plunges after ECB holds steady on inflation – Yahoo Finance

Higher rates tend to support a currency … In morning trading in New York, the euro fell to $1.3620 from $1.3798, retreating from a three-month high of $1.3861 struck on Wednesday. The euro has moved higher since early January after a long decline sparked …

Dollar falls against euro as China raises rates – Bloomberg


Reuters

Dollar falls against euro as China raises rates
Bloomberg
By AP NEW YORK (AP) — The US dollar fell to the euro in late trading Tuesday after China announced that it would raise rates. Investors have also become
The Euro Could Lose the Next Currency WarWall Street Journal (blog)
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Australian dollar slips to one-week lowBusiness Spectator
Financial Times –Forex Hound –ShareCast
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Euro Climbs as Demand Rises at Spain Bond Sale, ECB Holds Rate – BusinessWeek

Dec. 2 (Bloomberg) — The euro strengthened for a second day against the dollar as demand rose at a Spanish sale of three-year notes and the European Central Bank kept its main interest rate unchanged. The 16-nation currency rallied from near a two-month …

Serbian Central Bank Raises Rate on Inflation Threat – BusinessWeek

The dinar strengthened 0.4 percent after the rate decision to trade at 106.00 to the euro at 1:03 p.m. in Belgrade, according to Bloomberg data. Weak Dinar The currency has lost 9.3 percent against the euro this year, the sixth-worst performance among …

Dollar to Drop 10% Against Euro to $1.50 as Central Banks Sell, Faros Says – Bloomberg

The dollar will fall 10 percent by December against the euro, extending its biggest quarterly loss since 2002, as Asian and South American central banks sell greenbacks for Europe’s common currency, said Faros Trading LLC. Faros, which executes currency …

Iceland’s Inflation Rate Drops for Fifth Consecutive Month on Krona Gains – Bloomberg

Iceland’s inflation rate fell for a fifth consecutive month in August after the island’s currency, sheltered by capital controls for the past two years, continued to gain. The annual rate fell to 4.5 …

Dollar’s Strength Most Prominent against a Weak Euro as Spending Rises, Activity Dulls – Yahoo Finance

The US dollar was not weak Monday; but neither was is particularly strong. Much like the underperformance of equities through the day, the fundamental and speculative interest for the benchmark currency was relatively …