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Euro Falls on Draghi's Stimulus Signal; Brazilian Real Advances
The euro dropped against 14 of its 16 major counterparts after European Central Bank President Mario Draghi said further appreciation in the currency would trigger more monetary stimulus.
ECB's Draghi: Further Euro Strength Could Trigger More Easing
WASHINGTON�European Central Bank President Mario Draghi on Saturday ratcheted up his warnings about the strong euro, saying a further rise in the exchange rate would trigger additional monetary easing to keep inflation from falling too low.
The Tide Is Turning for Greece�and the Euro Zone
Greece's return to the bond markets last week was a symbolically important moment for the euro crisis. For the country at the center of the crisis to draw �20 billion ($27.77 billion) of foreign demand for a five-year bond yielding under 5% shows that ...
Low inflation to linger for years in euro zone
(Reuters) - The euro zone is set for at least two more years of low inflation, held down by a strong currency and anemic economic and jobs growth, and still faces a very real threat of deflation, a Reuters poll showed on Wednesday.
Draghi intervention has limited euro effect
Policy makers' efforts to talk down the euro had a limited effect as investors continued to pile into the bond markets of the crisis-hit periphery.
Euro zone inflation stuck in 'danger zone', keeps pressure on ECB
The year-on-year inflation rate in the 18 countries sharing the euro was 0.5 percent in March against 0.7 percent in February, the European Union's statistics office Eurostat said.
Exports Boost Euro-Zone Trade Surplus
The 18 countries that share the euro had an increased surplus in their trade in goods with the rest of the world during February, an indication that the euro's strength isn't holding back exports and the economic recovery, as some policy makers had feared.
Draghi says a stronger euro would trigger looser ECB policy
In the clearest signal yet the ECB was prepared to launch a stimulative asset-purchase program, Draghi said the euro's exchange rate had become increasingly important to policy and would act as a trigger.
Spain Anxiety on Euro Leaves Rajoy With Two-Front Battle
With the currency reaching a level high enough to provoke the European Central Bank president to threaten action, data today showed slowing euro-area export growth and figures tomorrow will confirm the damage caused to inflation. For Spain, the effect ...
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5 & Done: Euro League
(AllHipHop Interviews) In the latest edition of �5 & Done� AllHipHop.com spoke with buzzing emcee Euro League. The Bronx native has excited the blogosphere with songs like �Social Network,� �Magazine Vs Magazine,� �Do You Believe Me Pt.