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Euro news

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EUR/USD Rebound in Danger Ahead of Euro-Zone and US GDP Data
Euro-Zone economic data has improved lately versus economist's expectations, which might imply an upside surprise is possible today.
Euro zone economic growth slows in quarter before Brexit  Reuters
IMF lambasts how it handled Greece and the euro zone crisis
The International Monetary Fund (IMF) missed signs of a banking calamity, lacked independence and failed to hold countries to account, the organization's internal watchdog said in a report that sharply criticized its handling of the euro zone debt crisis.
IMF admits disastrous love affair with the euro and apologises for the ...
IMF's Internal Watchdog Rebukes the Fund for Its Handling of Euro Crisis  Wall Street Journal (blog)
Euro-Area Growth Slowed Before U.K. Vote Put Outlook at Risk
Euro-area growth slowed in line with economists' projections in the second quarter, underpinning an assessment by the European Central Bank that patience is needed to judge what kind of damage Brexit will inflict on the 19-nation region.
Euro zone economy resilient to Brexit so far  Reuters
Morgan Stanley Forecast a Pound to Euro Exchange Rate Decline to 1.11
The euro area runs a current account surplus, which would need to be recycled elsewhere to drive EUR weakness - “a tall order in an environment of declining risk appetite and returns.
Dollar Down Versus Yen, Up on Euro
The dollar was mixed against major currencies Tuesday, gaining against the euro but falling sharply versus the yen a day before the Federal Reserve concludes its monetary policy meeting.
Forex - Euro rises to 2-week highs vs. dollar
Pound Falls Most in Two Weeks Versus Euro as BOE Rate Cut Looms
The pound dropped the most in two weeks against the euro as traders anticipated that the Bank of England will lower interest rates for the first time in more than seven years when it announces its latest policy decision on Aug. 4. Sterling fell versus ...
Sterling falls vs stronger euro as minds turn to BoE  Business World (press release) (blog)
UPDATE 2-Not enough Japan easing sends euro zone bond yields higher
German 10-year bond yields - the euro zone bellwether - rose 2 basis points to minus 0.13 percent, while the Japanese equivalent was up 9 bps at minus 0.19 percent , its biggest daily rise in three years.
Pound hits two-week low against euro  International Business Times UK
Puma Q2 Sales Up 7 Percent After Strong Euro Performance
Puma has scored another quarter of sales growth, boosted by the Euro 2016 soccer tournament and strong demand for its women's lines, fronted by Rihanna and Kylie Jenner.
Castles Janković and Pejačević to be Restored in 16 Million Euro Project
The Suhopolje castle Janković has been empty and in ruins for decades, set to be renovated with European Union funds in a project written up by the VIDRA Regional Development Agency of VPŽ, valued at over 5.3 million Euro, headed by the County, ...
Italy's oldest bank gets 5 billion euro rescue
Italy's oldest bank has just clinched a multi-billion dollar rescue after flunking a test of its financial strength. Banca Monte dei Paschi di Siena (BMDPF) announced on Friday night that it had found a "definitive solution" to its legacy of bad loans ...