Eurozone

The euro fell against major currencies on Friday as the French economic growth halts. Presently, the euro trades around $1.4184 against the U.S. dollar. At the same time, the European currency fell below the ¥109 mark against the Japanese yen. At the moment, the euro stands around ¥108.93, or 0.44...

Switzerland's central bank is considering further measures to keep the country's currency from appreciating any further. The Swiss National Bank (SNB) has already increased liquidity and reduced interests over the last week but has warned speculators that it considers the Swiss currency to be "...

Switzerland's central bank increased its efforts to cool a rising Swiss franc that threatens the competitiveness of the country's exporters. The Swiss franc has become an even more popular safe haven currency in the aftermath of Standard & Poor's downgrade of the United States' credit rating...

The euro retreated against its main rivals on Wednesday as French manufacturing output tumbles. Presently, the euro trades around $1.4354, or 0.15% below its previous close. At the same time, the euro continues to fall against the Japanese yen. Last week, the Bank of Japan intervened in the markets...

The euro is holding ground against the U.S. dollar on Tuesday as panic persists. Presently, the euro trades around $1.4190, or 0.28% above its previous close. At the same time, the Japanese yen has broken below the ¥110 mark once more. At the moment, the euro surrendered 0.32% of its value in today...

The governments of Italy and Spain are breathing a sigh of relief as a bond purchasing market intervention by the European Central Bank (ECB) has pushed down yields on bonds issued by the two troubled eurozone members. The European Central Bank's previous efforts to keep the yields of troubled...

Several Asian stock market indexes hit 52-week lows during trading on Monday in Asia, the first day of trading after Standard & Poor's lowered its rating of United States government debt. While much of the selloff in Asian stocks could be blamed on the Standard & Poor's move to lower its...

The euro rose against the U.S. dollar on Monday as the European Central Bank decided to start buying Spanish and Italian bonds. Presently, the euro is trading around $1.4345 against the greenback, or 0.46% above its previous close. At the same time, the euro is suffering against the Japanese yen,...

FRANKFURT - The markets suffered a heart attack in late 2008 and an arrhythmia has reappeared. If the blood stops flowing again, then US dollars put under your mattress will gain in value as equity markets and commodities get poleaxed by deflation. Expect the debate of deflation versus inflation...

Stock markets across Asia had a dismal performance a day after the Dow Jones Industrial Average suffered its biggest single-day drop in nearly three years. Asian stock markets started the week off on a positive note, rising after news broke that President Barack Obama and Congressional leaders had...

The euro edged higher against the U.S. dollar on Friday, despite mounting concerns that Italy's debt burden is becoming unbearable. Presently, the euro trades around $1.4135, or 0.28% above its previous close. At the same time, the euro is retreating against the Japanese yen. The yen is fighting...

The euro edged a bit lower against the U.S. dollar on Thursday, ahead of the ECB's monthly interest rate meeting. Presently, the euro retreated 0.26% against the greenback to trade around $1.4287. However, the euro is making massive gains against the Japanese yen, after the Japanese currency...

The Japanese yen plunged in Thursday's trading as the Bank of Japan intervenes to weaken the yen. Presently, the U.S. dollar added 3.04% to its value against the yen to trade around ¥79.38, while the euro stands around ¥113.31, or 2.7% above its previous close. On Thursday, the Bank of Japan sent...

Asian stock markets continued to fall during Wednesday trading as concerns over America's economy continued to overshadow the recent positive news that the United States was able to avoid a default on its debt. Asian stocks began the week on the upswing after it was announced that President Barack...

The euro recovered against the U.S. dollar on Wednesday as the U.S. debt deal failed to reassure investors that the U.S. debt crisis will be resolved quickly. Presently, the euro added 0.96% to its value against the greenback to stand around $1.4341. At the same time, the European currency is...