The empirical results also show that aggregate demand in the euro area countries is significantly affected both by the short-term real interest rate and the effective real exchange rate.

The pound fell to a one-month low against the euro after a government report showed U.K. retail sales unexpectedly declined last month, supporting the central bank's case to boost monetary stimulus.

NEW YORK (Reuters) - The dollar fell against the euro for a third day on Wednesday as investors trimmed their bets on the currency before testimony from the U.S.

The U.K. is now openly questioning its allegiance with the EU while existing members like Denmark have distanced themselves from the goal of euro adoption to protect their economies. Iceland, which in 2008 became the first nation to succumb to the ...

Potential revenues that escape the net of tax collectors reportedly amount to one trillion euros. Such large amounts of money, currently sitting in tax havens, would be greatly beneficial to European countries in boom years, let alone times when most ...

LONDON May 22 (Reuters) - The euro rose to a 3-1/2 year peak against the yen and a four-month high against the Swiss franc on Wednesday as investors demand for safe-haven currencies waned on falling borrowing costs for indebted euro zone countries.

Euro climbs to four-month peak versus Swiss franc. By Wanfeng Zhou. NEW YORK, May 21 (Reuters) - The U.S. dollar fell against the euro on Tuesday after St. Louis Federal Reserve President James Bullard dented expectations the U.S. central bank may ...

The euro lies at the root of Europe's record unemployment rate and countries such as Spain and Greece should quit the common currency to return to economic health, said the head of Germany's fledgling anti-euro party. Southern European countries can't ...

Euro rises to session high vs dollar * Gold's appeal hurt by fears the Fed will ease stimulus * Spot silver cuts loss to 0.6 percent, platinum to 1.65 pct (Recasts, updates prices, adds comments, adds byline, changes dateline (previous LONDON) By ...

The pan-European FTSEurofirst 300 index, which has hit five-year highs this month, fell 0.6 percent to 1,245.62 points mid-session, while the euro zone's blue-chip Euro STOXX 50 index declined 0.5 percent to 2,806.90 points. Interest rate cuts and ...