Euro drops after German release of underwhelming data

Posted On: May 15, 2013
The common currency of the European Union slumped to its lowest value in six weeks on Wednesday as a consequence of economic data noting the economy of the 17-nation bloc contracted more than forecast, Bloomberg reports. [More]

Category: Industry News

Euro slips after German investor outlook shaky

Posted On: May 14, 2013
The shared currency of the European Union lost value on Tuesday on foreign exchange markets after investor outlook in the region's strongest economy was weaker than anticipated, according to Reuters. [More]

Category: Industry News

Euro slips on GDP data speculation

Posted On: May 13, 2013
Speculation about contraction in the euro zone during the first quarter of this year prompted the shared currency of the European Union to lose value on Monday on foreign exchange markets for the third consecutive trading session, according to Bloomberg. [More]

Category: Industry News

Euro spurred higher by strong German economic data

Posted On: May 08, 2013
The common currency of the European Union increased in value against the U.S. dollar on Wednesday on foreign exchange markets in the aftermath of strong industrial production by the largest economy in the 17-nation bloc, according to Reuters. [More]

Category: Industry News

Euro benefits from strong German industrial order data

Posted On: May 07, 2013
The shared currency of the European Union gained in value on Tuesday on foreign exchange markets after strong German industrial orders data, according to Reuters. [More]

Category: Industry News

Euro dives in aftermath of Draghi commentary

Posted On: May 06, 2013
The shared currency of the European Union prolonged its losing streak on Monday on foreign exchange markets in the aftermath of the European Central Bank chief stating the institute he leads is poised to intervene, Bloomberg reports. [More]

Category: Industry News

Euro dips in anticipation of ECB rate cut

Posted On: May 02, 2013
The shared currency of the European Union slumped on Thursday on foreign exchange markets as officials with the central bank prepare to convene a meeting later in the day when interest rates are likely to be slashed, according to Bloomberg. [More]

Category: Industry News

Euro slips against greenback as ECB forecast to slash rates

Posted On: April 30, 2013
The common currency of the European Union lost value on Tuesday on foreign exchange markets against the U.S. dollar, tugged down by speculation about the European Central Bank preparing to slash borrowing costs, according to Bloomberg. [More]

Category: Industry News

Euro slips as Germany struggles with underwhelming data

Posted On: April 24, 2013
The common currency of the European Union edged down in value on Wednesday against the U.S. dollar on foreign exchange markets in anticipation of an underwhelming business confidence report issued by Germany, Bloomberg reports. [More]

Category: Industry News

Euro drops to 14 day low against greenback

Posted On: April 23, 2013
The shared currency of the European Union dove to its 14-day trough against the U.S. dollar on foreign exchange markets on Tuesday as economic data noted this month's regional manufacturing and services contracted for the 15th consecutive month, according to Bloomberg. [More]

Category: Industry News