Euro

Euro up after Greece agreement, Shanghai surges again

The euro pushed higher Friday after Greece`s promise to provide new plans to reform its bailout, while Shanghai stocks continued their latest rally towards a seven-year high.

Mar 20, 2015, 16:24 PM IST

European stocks diverge

Frankfurt`s DAX 30 index however fell 0.48 percent to 11,923.02 points, while the CAC 40 in Paris edged up 0.12 percent to 5,034.75 points.

Mar 18, 2015, 19:52 PM IST

German stocks touch record peak; euro rebounds

European stocks rallied Monday on optimism over quantitative easing in the eurozone, with Frankfurt topping 12,000 points for the first time, but the euro recovered after hitting another 12-year dollar low.

Mar 16, 2015, 23:45 PM IST

Spain pressures Greece to keep promises in debt crisis

Spain raised the pressure on Greece Monday to "honour its commitments" to its European partners to end its debt crisis and prevent its dropping out of the eurozone.

Mar 16, 2015, 20:07 PM IST

Weak euro powers European stocks to new highs

German stocks powered above 12,000 points for the first time, while the main pan-euro zone benchmark indices hit new seven-year highs. 

Mar 16, 2015, 15:36 PM IST

Euro lurches closer to dollar parity

The euro lurched closer to parity with the dollar Thursday, in a boost to eurozone exporters battling deflation risks at home.

Mar 12, 2015, 21:39 PM IST

ECB says buys 9.8 bn euros in bonds in 3 days

The ECB has bought 9.8 billion euros ($10.4 billion) in eurozone bonds in the first three days of its programme to ward off deflation and stimulate growth, a senior official said on Thursday.

Mar 12, 2015, 15:42 PM IST

Asia stocks rebound, dollar hits 12-year euro high

Sydney shares were given a lift by data showing Australia`s unemployment rate had eased slightly, while South Korea became the latest country to cut interest rates as it struggles to fight off deflation.

Mar 12, 2015, 08:53 AM IST

Euro sinks to 12-year lows as yield gap grows

In a dollar rally that began last July the single currency has lost around a quarter of its value, and there is little sign of that bottoming out. Deutsche Bank on Tuesday forecast a fall to 85 US cents by the end of 2017. 

Mar 11, 2015, 15:56 PM IST

Euro sinks below $1.07, lowest in nearly 12 years

The euro kept falling on course toward dollar parity Tuesday, hitting its lowest level against the greenback in nearly 12 years.

Mar 11, 2015, 03:37 AM IST

Euro sinks close to 12-year low versus dollar

The euro tumbled Tuesday towards a 12-year dollar low, hit by eurozone stimulus, growing US rate hike speculation and Greek debt concerns, dealers said.

Mar 10, 2015, 21:42 PM IST

ECB to begin QE stimulus programme

The programme calls for the eurozone central bank to buy around 60 billion euros of public and private bonds each month -- a policy it will apply until at least September 2016.

Mar 09, 2015, 08:36 AM IST

Euro tumbles to new 11.5-year low against US dollar

The euro dived Friday to another 11.5-year low, one day after the European Central Bank announced it would launch its massive stimulus package next week.

Mar 06, 2015, 17:52 PM IST

Euro hits 11-year low against the dollar, stocks climb after ECB

The euro slumped to an 11-year-low against the dollar and stocks finished up on Thursday after the European Central Bank said it will begin a 1.1-trillion-euro bond buying programme next week.

Mar 05, 2015, 17:48 PM IST

Euro hovers near 11-year lows on dollar before ECB meets

The euro remained under pressure Thursday after falling to an 11-year low against the dollar as investors waited for the European Central Bank (ECB) to announce details of its bond-purchase programme.

Mar 05, 2015, 08:16 AM IST

Dollar eases in Asia after US inflation rally

The euro rose to $1.1206, from $1.1198, but it slipped to 133.65 yen from 133.72 yen in US trade.

Feb 27, 2015, 09:13 AM IST

Ten days that shook the euro; how Greece came to the brink

It was not just German opposition. The new Greek found itself without a single firm ally among 18 euro zone peers in its drive to reverse austerity and renegotiate its debt pile.

Feb 23, 2015, 13:10 PM IST

Euro steady after Greece bailout deal

The common European currency was slightly higher at $1.1387 and 135.55 yen, from $1.1381 and 135.51 yen on Friday in New York where it got a boost from the conditional debt deal.

Feb 23, 2015, 09:44 AM IST

Greek bailout jitters push stock markets off highs

World stocks eased off five-month highs on Friday and the euro fell before a European finance ministers` meeting that could potentially cut Greece adrift and set it on the path to exiting the euro zone.

Feb 20, 2015, 15:26 PM IST

Asia stocks boosted by Greek debt deal hopes

Asian markets rallied and the euro held up Wednesday on hopes of a settlement in Greece`s debt stand-off after it emerged that the country will ask for an extension to its bailout and avoid a painful eurozone exit.

Feb 18, 2015, 12:32 PM IST