Monday saw the common currency of the European Union fall in value against the Japanese yen, the first day of losses in six trading sessions, according to Bloomberg. For the third time in three weeks, finance ministers from the 17-nation euro bloc are set to convene in Brussels for the sake of the fiscal health… Read more.
Increased optimism for two political situations – one in Europe, the other in the U.S. – benefited the value of the common currency of the European Union on Monday, Reuters reports. Prospects of Greece winning emergency aid funding on Tuesday propelled the monetary unit while a brighter outlook for negotiations between leaders in the U.S.… Read more.
Friday saw the common currency of the European Union lose value against the Japanese yen and the U.S. dollar, consequences of the European Central Bank warning regional growth prospects are dim, according to Bloomberg. Against the monetary unit of the Pacific Rim nation, the euro fell to its four-week low. Against the U.S. dollar, the… Read more.
The common currency of the European Union fell for a second-straight day on Wednesday after manufacturing and services in the euro zone fell during the month of October, according to Bloomberg. Debt-hobbled Spain not soliciting bailout aid for its troubled banks also continues to burden the monetary unit. But a survey released by the Ifo… Read more.
A credit service slashed the ratings of five regions of debt-hobbled Spain, pulling down the value of the common currency of the European Union against the Japanese yen, according to Bloomberg. In the aftermath of the Moody's Rating Service reduction, the euro fell from its top value in five months against the monetary unit of… Read more.
A political advancement for the leader of debt-hobbled Spain drove up the value of the shared currency of the European Union on Monday, according to Reuters. The People's Party, to which Prime Minister Mariano Rajoy belongs, won three additional seats in Rajoy's home region of Galicia, Bloomberg reports. The Iberian nation's leadership is now viewed… Read more.
A weakening U.S. dollar pushed up gold futures on Wednesday as the yellowish metal achieved a second consecutive day of gains, Bloomberg reports. After the credit rating of debt-hobbled Spain issued by Moody's Investors Service remained intact at investment grade, the world's reserve currency slipped against major rivals. Head Dealer Frank McGhee with Integrated Brokerage… Read more.
Wednesday saw the Canadian dollar end four consecutive trading sessions of losses to the world's reserve currency as demand increased for monetary units linked with commodities, Bloomberg reports. Of the four days of losses for the loonie, the sharpest was Tuesday when the monetary unit slipped after central bank governor Mark Carney suggested his institution… Read more.
Wednesday saw the common currency of the European Union gain against the monetary unit of Japan for a fifth consecutive day, propelled higher by speculation about Spain arriving closer to soliciting bailout aid for its troubled banks, according to Bloomberg. As officials with the European Union prepare to convene Thursday in Brussels for two days… Read more.
Increased demand pushed up gold futures on Tuesday as the precious metal climbed from its lowest value in about one month, Bloomberg reports. Also prompting the upward drive of the yellowish metal was the reduced value of the U.S. dollar, which lost value against its counterpart currencies. The dollar lost value as conjecture indicated debt-hobbled… Read more.