Search Results for 'European'

Asian Currencies Weaken as European Crisis Outweighs U.S. Da...

Most Asian currencies fell, led by South Korea’s won, as concern Europe’s debt crisis will worsen countered an improvement in U.S. jobs data. The Bloomberg-JPMorgan Asia Dollar Index dropped after David Riley, London-based hea [...]

Posted On : Jan, 11 2012 | Comments : 0

Asian Currencies Decline After European Credit-Rating Warnin...

Asian currencies declined, led by India’s rupee and Thailand’s baht, after ratings companies said last week’s European summit did little to ease the region’s debt crisis, weakening the outlook for exports. The M [...]

Posted On : Dec, 13 2011 | Comments : 0

Australian Dollar's Summer Heat Faces European Cold Front

Australia's ongoing mining boom has the country's surging currency positioned to remain near its highest point against the U.S. dollar in almost three decades, but a set of January bond auctions on the other side of the world cou [...]

Posted On : Dec, 30 2010 | Comments : 0

Euro, Pound Weaken on Speculation European Rates Will Declin...

The euro and the pound fell against the dollar on speculation the European and U.K. central banks will lower interest rates to combat a recession and bank losses. The 16-nation euro also traded near a seven-year low versus the yen before d [...]

Posted On : Jan, 27 2009 | Comments : 0

Dollar jumps against euro as European growth fears mount

The dollar notched up a five-month high against the euro Friday as eurozone growth fears mounted after Italy reported a contraction in its second quarter economic growth.The dollar's latest gains occurred after it had already picked up stea [...]

Posted On : Aug, 09 2008 | Comments : 0

European currency falls to 15-day low against Japanese yen

During early deals on Friday, the European currency traded down against its major counterparts. The euro declined to a 15-day low versus the Japanese yen, 8-day low against the British pound and a 2-day low versus the US dollar. Adding to [...]

Posted On : Aug, 01 2008 | Comments : 0

European stocks falter on bank stress

European stocks stumbled as a sell-off in British bank shares wiped out early gains inspired by the U.S. Fed's 3/4 point interest rate cut, with liquidity concerns still hanging heavy over markets. The stock market losses spilled into curr [...]

Posted On : Mar, 19 2008 | Comments : 0

European Currency Hits All-Time High against the Dollar

The euro just keeps setting records this week and went above $1.38 on Thursday. Politicians in Europe have said there's nothing to worry about, but German industry isn't so sure.Europe's currency is getting stronger and stronger.The euro ju [...]