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By Anthony Lazzara |
January 7, 2013
Right after the New Year, subsequent to the budget deal announcement, the U.S. dollar rallied as the euro tanked. The euro basically went from 1.32 to 1.30 in a couple of days, and is now consolidating a bit in the low 1.31s
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By Emma Charlton and Mariko Ishikawa, Bloomberg |
January 7, 2013
The euro traded at almost a three-week low against the dollar amid speculation the European Central Bank will signal it is open to cutting its benchmark interest rate when policy makers meet this week.
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By Jana Randow and Jeff Black, Bloomberg |
December 7, 2012
A majority of European Central Bank policy makers were open to cutting the benchmark rate yesterday and there is a possibility of a reduction early next year if the economy doesn’t pick up.
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By Ashraf Laidi |
December 6, 2012
The ECB's final press conference of the year triggered euro selling, but a rare technical setup could push this market above the $1.35 mark.
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By Barbara J Powell, Bloomberg |
December 6, 2012
Gasoline sank to a four-week low after European Central Bank President Mario Draghi said the region’s economic weakness will persist, reducing fuel demand, and as U.S. budget talks are stalled.
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By Matthew Brockett, Bloomberg |
December 6, 2012
The European Central Bank cut its economic and inflation forecasts and President Mario Draghi said weakness will persist into next year, leaving the door ajar for further interest-rate cuts.
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By Elisa Martinuzzi, Gabi Thesing and Alan Katz |
November 27, 2012
A court will decide tomorrow whether the European Central Bank should release files on how Greece used derivatives to hide its debt.
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By Allison Bennett, Bloomberg |
October 24, 2012
The dollar gained versus the euro as the Federal Reserve maintained asset-purchase programs without suggesting it’s closer to boosting stimulus, reducing concern additional measures will debase the currency.
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By Rebecca Christie and Tony Czuczka, Bloomberg |
October 19, 2012
German Chancellor Angela Merkel said it’s an open question whether European policy makers can meet the deadline they’d set hours earlier to establish a euro-area bank supervisor by year-end.
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By James G. Neuger and Stephanie Bodoni, Bloomberg |
October 8, 2012
European governments set up a full-time 500 billion-euro ($648 billion) fund to aid debt-swamped countries and, not for the first time in the three-year crisis, expressed confidence that the financial muscle won’t be needed anytime soon.
