Posts Tagged ‘euro’

Euro Declines as Investors Weigh Prospects for More ECB Easing

by Forex Rooton October 22, 2014 12:18 pm BST
The euro slid for a second day against the dollar as investors weighed the prospects of additional easing policies from the European Central Bank. The shared currency also fell against the yen. A report yesterday by Reuters that the ECB was considering buying corporate debt helped send the euro tumbling by the most in a […]

Euro Slides on Periphery Bonds’ Slump; Dollar Climbed

by Forex Rooton October 16, 2014 5:06 pm BST
The euro fell as a rout in bonds from the region’s periphery bolstered speculation the European Central Bank will expand stimulus that tends to depress exchange rates in order to quell the turmoil. The dollar climbed versus most of its peers with growth in the U.S. forecast to outpace Europe and Japan, and on speculation […]

Draghi’s “Whatever It Takes” Helped Save The Euro!

by Forex Rooton October 14, 2014 12:44 pm BST
ECB President Mario Draghi helped save the euro with his pledge to do “whatever it takes” as lenders prepared for a collapse of the 18-nation currency, an ECB lawyer said at a hearing. The European Court of Justice, the bloc’s highest court, is weighing whether Draghi’s ECB overstepped its powers in 2012 with the promise […]

Euro Slipped After Weak German’s Data

by Forex Rooton October 7, 2014 2:52 pm BST
euro slipped versus the majority of its 16 main peers as German industrial production fell the most since 2009, underscoring the risk of a slowdown that may pressure the European Central Bank to expand stimulus. The shared currency weakened before a report analysts forecast will show exports from Europe’s largest economy slumped the most in […]