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The European currency slipped in Asian Trade, moving away from a seven-week high period against the Greenback and a 7-1/2 month high against the yen before the ECB meeting. The European Central Bank is expected to keep rates at 0.75% in the meeting of Thursday. Investors analyze to see if the... read more »


The European currency managed to improve its position against the dollar in the last six weeks after the extension of Greek’s debt and the falling of the borrowing costs for the euro zone countries. Analysts state that Euro is likely to gain more in yields on Spain and Italy’s bonds drop lower.... read more »


Euro strengthened its position at the strongest level this month against the dollar after the US lawmakers reached an agreement regarding the fiscal cliff, reducing demand for safe assets. The European currency gained more for the first time in four days versus the yen as Italian and Spanish bond... read more »


The yen dropped to the lowest level in the last six months against the dollar. The prospects of the Japanese elections expected the next month will transfer power to the opposite party that pleads to an aggressive monetary improvement. The greenback managed to gain against 16 other currencies as a... read more »


The euro currency falls to a two-month low level against the greenback and the Swiss franc while the European finance ministers try to decide how to offer additional financial help to Greece, controlling the demand for the common currency of the region. Euro currency trimmed its drop level after... read more »