Euro

Euro heads higher despite impasse in Greek talks

The euro picked up ground on the dollar and other major currencies Tuesday despite the failure to reach a deal on Greece`s bailout restructuring.

Feb 18, 2015, 04:42 AM IST

Asia stocks climb after Wall St record, eyes on Greek talks

Asian markets advanced on Monday following a record close on Wall Street, while Greece`s leadership said it was upbeat that it could hammer out a new debt deal with its European creditors.

Feb 16, 2015, 08:33 AM IST

Greek PM says `confident` about eurozone talks: report

Prime Minister Alexis Tsipras said he was "confident" about progress in renegotiating Greece`s debt at a crucial eurozone meeting on Monday, in an interview with German media.

Feb 15, 2015, 19:58 PM IST

ECB lifts amount of emergency lending available to Greek banks

The European Central Bank has increased the volume of emergency liquidity available to Greek banks to USD 74 billion, bank sources said.

Feb 12, 2015, 23:59 PM IST

Asian markets mostly down as Greece talks break up

The euro slipped in Asian trade on Thursday while most equity markets sank after talks between Greece and its European creditors on restructuring the country`s bailout broke up without agreement.

Feb 12, 2015, 08:15 AM IST

Exim Bank raises $500 mn in overseas debt at 2.75% coupon

Export Import Bank of India (Exim Bank) on Friday said it has raised USD 500 million by selling fixed rate unsecured bonds offering a coupon of 2.75 percent per annum from international markets in euro-dollar.

Feb 06, 2015, 23:10 PM IST

Global stocks gain as oil rises; euro up Vs Swiss franc

Stock markets around the world mostly rose on Thursday as crude oil rebounded, although caution remained following the European Central Bank`s surprise decision to strike Greek bonds off its list of accepted collateral.

Feb 06, 2015, 04:25 AM IST

Oil prices rebound in Asian trade but gains capped

Oil prices rebounded in Asia today but gains were capped as the euro was hit by fresh concerns over Greece, further hurting demand in the face of an oversupply, analysts said.

Feb 05, 2015, 09:45 AM IST

Asian shares slip after US, China data

Oil prices plunged again after enjoying a strong rally on Friday, while the euro ticked up, despite falling eurozone prices and ongoing concerns about Greece`s bailout face-off with its international creditors.

Feb 02, 2015, 09:25 AM IST

Euro hits 11-year low on Greece fears, equities muted

The euro sank to an 11-year low Monday and Asian equities were muted after an anti-austerity party won Greece`s election, throwing its international bailout into doubt and raising fears it could leave the eurozone.

Jan 26, 2015, 13:14 PM IST

Global stocks slip as anti-austerity party wins Greek election

Both US stock futures and Japan's Nikkei fell 0.6 percent on heightened concerns the Greek election results could lead to renewed instability in Europe.

Jan 26, 2015, 10:53 AM IST

ECB easing pushes European equities to 7-year high, euro sinks

European stocks hit seven-year highs on Friday, continuing a rally ignited by the European Central Bank`s plan for massive regional economic stimuli that also knocked the euro to 11-year lows.

Jan 24, 2015, 10:13 AM IST

ECB easing lifts shares and bonds, but euro tumbles

The European Central Bank`s plan to pump out about 1 trillion euros to revive the euro zone economy put stocks in the region on track for their best week since 2011 but hammered the shared currency.

Jan 23, 2015, 20:25 PM IST

Global shares rally, euro at 11-year low on Europe's QE plan

Wall Street jumped and European shares climbed to a seven-year high on Thursday as world markets cheered a European Central Bank stimulus program worth more than one trillion euros, while the euro slipped to an 11-year low.

Jan 23, 2015, 03:49 AM IST

Asian shares near eight-week high as ECB looms large

Asian shares rose to near eight-week highs on Thursday as investors bet the European Central Bank will unveil a bond-buying stimulus programme later in the day in an attempt to revive the flagging euro zone economy.

Jan 22, 2015, 10:18 AM IST

Asian shares buoyed by ECB easing hopes, euro soft

Asian shares held firm and the euro stayed under pressure on Wednesday as investors counted on the European Central Bank to unveil a stimulus drive, while the yen was subdued ahead of the Bank of Japan`s policy announcement later in the Asian day.

Jan 21, 2015, 09:00 AM IST

Euro slips against franc, equities fall after shock Swiss move

The euro sank almost two percent against the Swiss franc on Friday and Asian markets tumbled as traders were left stunned by Switzerland`s shock decision to remove its currency peg to the euro.

Jan 16, 2015, 08:28 AM IST

Switzerland scraps euro rate cap, franc soars

The SNB had been defending the exchange rate floor since September 2011.

Jan 15, 2015, 23:25 PM IST

Switzerland ends euro minimum exchange rate, cuts interest rate

In a shock announcement Thursday, Switzerland`s central bank said it was ending a three-year bid to artificially hold down the value of the Swiss franc against the euro, in a move that immediately sent the safe haven currency soaring.

Jan 15, 2015, 17:47 PM IST

Euro pressured, oil slide a boon for bonds

The euro was pinned near nine-year lows on Wednesday as investors wagered the European Central Bank was just a week away from launching a new stimulus campaign.

Jan 14, 2015, 08:54 AM IST