NEW YORK (Reuters) - The U.S. dollar extended broad-based gains on Wednesday after marginally higher-than-expected U.S. inflation data coupled with earlier concerns over European banks sent the greenback to one-week highs against the euro. A slight ...
The dollar gained against the euro and the British pound on Tuesday as an increase in U.S. existing-home sales and expectations for higher core inflation improved investors' outlook for interest rates.
NEW YORK, Oct 21 (Reuters) - The euro fell sharply against the dollar on Tuesday after Reuters reported the European Central Bank was looking at buying corporate bonds as soon as December in its efforts to revive the stagnating euro zone economy.
More than 76% of Poles oppose joining the euro, a poll showed yesterday (21 October), suggesting there is little prospect that central and eastern Europe's largest economy will join the common currency soon.
LONDON Oct 22 (Reuters) - The euro fell below $1.27 for the first time in a week on Wednesday on a newswire report that at least 11 banks are set to fail the European Central Bank's stress tests, results of which are due to be released on Sunday.
The euro remained lower after falling yesterday, with a Purchasing Managers Index due tomorrow forecast to show manufacturing in the region contracted for the first time in 16 months, adding to the case for more stimulus.