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Euro news

  
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Time to bag a bargain holiday: Pound is at seven-year high against euro
Mike Hazell, director of personal finance at Debenhams, said: “The value of the pound against the euro means prices are much cheaper for Britons as the pound goes a lot further.
Euro, Sterling Tumble Against Dollar
The euro and the British pound tumbled against the dollar Friday, after data showed that U.S. consumer prices rose for the third straight month in April, sending the buck sharply higher.
Dollar books 1st weekly gain against euro in 5 weeks  MarketWatch
Tsipras Urges Euro-Area Creditors to Compromise for Greek Deal
A Greek exit from the euro is just a matter of time and wouldn't lead to the breakup of monetary union, former Federal Reserve Chairman Alan Greenspan told Het Financieele Dagblad in interview published Saturday.
Merkel pushes for Greece deal at Euro meet  The Local.de
Fintech takes on 135 mln euro commitment in Monte Paschi cash call
The U.S. fund headed by Mexican billionaire David Martinez bought its stake ahead of last year's 5 billion euro capital increase and took part in it.
Monte Paschi prices 3bn-euro rights issue at big discount  Business Recorder (press release) (blog)
Everybody Loves the Pound as Traders Forecast 2007 High to Euro
Concerns over the U.K. election forgotten, the pound has become a favorite of foreign-exchange strategists who are predicting a surge to the highest level against the euro in more than seven years. Sterling just posted its biggest weekly gain versus ...
ECB's Draghi urges euro zone to unite for economic reform
ROME (Reuters) - European Central Bank President Mario Draghi has urged euro zone countries to unite in the task of reforming the bloc's economies, saying sharing sovereignty was an opportunity and not a threat.
ECB battles to keep euro under control  Financial Times
Greece should quit euro 'temporarily': Ifo's Sinn
Talk that Greece is on the brink of a debt default that could trigger its exit from the euro zone has grown this week. A senior ruling party official said on Wednesday that Greece would be unable to make a payment to the International Monetary Fund on ...
ECB controversy over speech that sank the euro
Its failure to do so potentially gave those in the room a head start on the euro's plunge, despite the ECB regularly detailing that it could perform such a move in the fine details of its quantitative easing (QE) program.
Euro Continues to Fall; European Stocks Extend Gains  Wall Street Journal
Equities gain, euro slumps as ECB eyes faster bond buys  Reuters
MarketsDollar races to $1.10 vs euro ahead of Yellen
Federal Reserve chairwoman Janet Yellen may yet crash the dollar's party when she speaks on monetary policy later on Friday, but for now the greenback is having a sizzling end to the week.
RPT-FOREX -Dollar regains footing, rises after US inflation data uptick  Reuters
GLOBAL MARKETS-Stocks dip, bonds fall as CPI keeps Fed on course  Reuters UK
The euro just plummeted against the dollar
Both the pound and euro booked significant losses against the dollar in the span of about an hour Friday, after a reading on U.S.