EUR/USD: Euro Trading Higher Ahead Of ECB Interest Rate Decision. For the 24 hours to 23:00 GMT, EUR declined 0.47% against the USD and closed at 1.2237.

Cuts were agreed last night after PASOK's Venizelos and the Democratic Left's Kouvelis backed down over their earlier opposition to how Greece would implement cuts demanded by the Troika amid some angry scenes.. PM Samaras insisted that the country ...

FXstreet.com (San Francisco) - The Euro is falling against the US Dollar after the Fed announcement to keep its monetary policy unchanged.

According to calculations by Germany's Institute, Finland would stand to sustain losses of EUR 5.4 billion if Greece were to default on its loans and withdraw from the common European currency, the euro.

FXstreet.com (Barcelona) - Ongoing crisis in the euro zone has been hammering the EUR in the last quarters, falling to multi-year lows against the greenback.

FXstreet.com (San Francisco) - The Euro is recovering some ground against the US Dollar after falling from 1.2310 to test the 1.2280 region after ADP reported better than expected data.

FXstreet.com (Barcelona) - The S&P rating agency affirmed Spain's rating at BBB+/A-2 with negative outlook as it assumes its government won't support banks beyond the EFSF line.

Source: ForexYard. The euro saw very mild gains against the US dollar and Japanese yen during trading yesterday, as investors remained cautious about going overly bullish on the common-currency ahead of an ECB policy meeting on Thursday.

FXstreet.com (Barcelona) - The EUR/GBP is posed to recover mid-July losses as the bounce seen from 0.7756 (July 23 low) was extended today to as high as 0.7877, above the July-13 week's close of 0.7861.

Euro Rate Today - GBP to EUR Exchange Rate Heads Lower As Investors Price-In ECB Action. 31 Jul 2012 at 10 PM - Written by David Woodsmith.