Top Forex News

Live Forex news from all over the world.

    Archives

The euro is the currency used by institutions of the European Union and 17 of 27 nations of the Union, which is collectively called the eurozone. The currency is also often used in some other countries, including those that are situated near the borders of the eurozone. The currency was officially adopted in 1995, introduced in financial markets in 1999, while coins and banknotes were released in 2001. It is the second popular reserve currency after the US dollar.



Euro News Archive

Euro Stable as Catalonia’s Struggle for Independence Continues

The euro was stable today as the story of Catalonia’s fight for independence continued to unfold.

EUR/USD Retreats from Weekly Highs on Catalan Uncertainties

The EUR/USD currency pair today retreated from daily highs hit in the early European session due to uncertainties relating to the Catalan independence movement. The currency pair had rallied to weekly highs in the early European session following a broad-based selling of the US dollar and positive German trade balance data.

EUR/USD Trades Sideways in a Slow Start to the Week

The EUR/USD currency pair today traded sideways in a slow start to the week underpinned by an empty US docket due to the celebration of Columbus Day in the USA. Several releases from the European docket such as the German industrial production data boosted the currency pair for a while before the uptrend reversed later.

Euro Sinks to New Lows Against US Dollar After ECB Minutes

The euro sunk to new lows against the US dollar today after the European Central Bank published the minutes of its September monetary policy meeting. Several releases from the US docket, such as the positive initial jobless claims data, served to drive the EUR/USD currency pair lower.

Euro Declines Against US Dollar on Positive US Data

The euro today declined significantly against the US dollar after a raft of positive releases from the US docket starting with the ADP employment change data in the mid-European session. The EUR/USD currency pair had registered some gains early in the European session after the release of positive Markit Eurozone Services PMI data.

EUR/USD Gains Ahead of Data-Heavy Week

The euro gained against the US dollar during the Tuesday’s quiet session ahead of the rest of the week, which will be very heavy on economic data from the United States. The shared 19-nation currency also gained on its other most-traded rivals.

Euro Stable After Catalan Independence Referendum

Political crisis in Spain led to worries among investors and drove prices for European assets down. Yet the euro was showing muted reaction to the news so far.

Euro Rallies Against US Dollar on Weak PCE Data

The euro today gained ground against the US dollar after the release of weak US Personal Consumption Expenditure data early in the North American session. The EUR/USD currency pair had rallied higher during the early European session despite the release of the flash Eurozone CPI estimate by Eurostat, which missed expectations.

EUR/USD Rallies to New Highs Ignoring Strong US GDP Data

The EUR/USD currency pair today rallied to new highs ignoring the robust US GDP data released mid-European session, which led to a brief decline. The currency pair rallied higher in the late Asian session and the early European session after the release of positive Eurozone data.

Euro Declines Against US Dollar on Positive US Data

The euro today declined against the US dollar on the back of positive US macro data including the durable goods orders and the weak MBA mortgage applications data. The euro was weighed down by the political uncertainties in Germany even as Angela Merkel is expected to form a three-way coalition government.

Navigation

Menu