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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: euro

euro stories: 55 news summaries

21 - 40 of 55 Stories | << Prev 1 2 3 Next >>

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Europe Hikes Interest Rates
to Curb Inflation

Central bank's quarter- point increase to 4.25% is first move in a year

Jul 3, 08 8:29 AM CDT
(Newser) - The European Central Bank today adjusted interest rates for the first time in more than a year, reports MarketWatch, raising the main rate by a quarter-point to 4.25%. The increase comes just after a report that inflation in the eurozone has reached 4%, the highest rate since the introduction... More »

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inflation • euro • European Central Bank • interest rate • ECB • eurozone

Euro-Weary French Village Reverts to Franc

Town revives old currency to spur business

Jun 30, 08 8:32 AM CDT
(Newser) - Six years after scrapping the franc for the euro, one sleepy town in southern France has reverted, the New York Times reports. Says the mayor of Collobrières, population 1,600, “We lost something with the franc. We lost an identity. We moved very quickly into Europe, maybe too... More »

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European Union • currency • France • euro • French franc

 Dollar Soars to Biggest
 Weekly Gain in 3 Years 

Greenback posts record advances ahead of G8 meeting

Jun 13, 08 5:21 AM CDT
(Newser) - The dollar posted its biggest gain in almost 3 years this week, soaring 2.5% against the euro and 2.8% against the yen. This morning in London the dollar was trading at $1.54 against the euro, with analysts predicting a rise as high as $1.45 by year's... More »

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G8 summit • euro • yen • US dollar • Christine Lagarde

Dollar Hits 6-Week High Against Euro

US, Europe team up
to boost gaining greenback

May 8, 08 6:12 AM CDT
(Newser) - The dollar hit a six-week high against the euro yesterday, leading relieved policymakers on both sides of the Atlantic to hope that the worst is over, reports the Financial Times. Analysts still reckon that Washington will continue its policy of benign neglect: a soft dollar encourages exports and reduces the... More »

MORE ABOUT:
currency exchange • euro • central bank • US dollar • weak dollar

ANALYSIS

 Euro About to Mark 10 Years 

Common currency has its share of winners and losers

May 1, 08 6:02 PM CDT
(Newser) - Like many 10-year-olds, the euro has had its ups and downs, but its current ascendancy is worrying, and not just to fans of the weakening dollar; some European states are chafing at the strength of their common currency, the New York Times reports. The German economic engine is causing... More »

MORE ABOUT:
inflation • Germany • European Union • Europe • currency • Italy • euro • economy

 Dollar Rallies at Last 

Greenback posts biggest advance since March as eurozone sputters

Apr 25, 08 6:46 AM CDT
(Newser) - The dollar rose to a three-week high against the euro today and looked set to post its biggest weekly advance since March. The dollar advanced to $1.55 per euro this morning in London, after falling below the $1.60 barrier on Tuesday. The dollar also gained against the yen,... More »

MORE ABOUT:
Federal Reserve • euro • yen • European Central Bank • ECB • US dollar

Consumer Prices Rise in March; Oil Blasts Past $114

Jump in energy, food costs outweighs cheaper clothes; new record for crude

Apr 16, 08 10:22 AM CDT
(Newser) - Consumer prices rose an anticipated 0.3% in March, propelled by hikes in the costs of energy, food, and airline tickets; a commodities rush and weak dollar also pushed crude oil to a record high today. Energy costs rose 1.9% in March, the AP reports, and the past year... More »

MORE ABOUT:
bread • milk • Consumer Price Index • euro • crude oil • US dollar

G-7 Ministers Talk Tough
on Sliding Dollar

Strong words signal desire to keep dollar from the abyss

Apr 12, 08 7:26 AM CDT
(Newser) - The Group of Seven's finance ministers are getting more aggressive about stopping the greenback's decline, the Wall Street Journal reports. In what counts as blunt words for the group, a statement yesterday expressed concern about the plummeting dollar's "possible implications for economic and financial stability." The change in... More »

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currency • currency exchange • finance • euro • US dollar • weak dollar • Group of Seven

 25 Ways to Save in Europe 

Don't let the dismal dollar derail your dream vacation

Mar 19, 08 12:16 PM CDT
(Newser) - Worried that exchanging your dollars into pounds will leave you with pennies? MSNBC outlines 25 ways to stretch your money in Europe.
  1. Find no-cost entertainment, like free days at museums or public concerts.
  2. Use a credit card or get cash from an ATM for the best exchange rates
... More »

MORE ABOUT:
travel • Europe • money • pound • euro • US dollar • travel tips • cheap travel

MARKETS

 Stocks Bounce, End Mixed 

Stocks are up... no down... what's going on?!

Mar 17, 08 3:50 PM CDT
(Newser) - Stocks seesawed throughout the day, finally ending today's session mixed, with the Dow closing up. The markets struggled to rebound from serious losses sustained after Bear Stearns' fire sale; buyer JPMorgan Chase's stock closed up 11%. The Dow ended up 21.16 at 11,972.25, the Nasdaq down... More »

MORE ABOUT:
stock market • Bear Stearns • euro • yen • US dollar • JPMorgan Chase

UPDATED

 Dollar Nosedives,
 Global Markets Tumble 

Greenback falls to record lows after Bear buyout, rate cut

Mar 17, 08 3:55 AM CDT
(Newser) - The dollar took a pummeling and equity markets in Europe and Asia slumped as worried investors reacted to the Bear Stearns fire sale and the Fed's emergency rate cut. The dollar dropped to a shocking 95 yen, hit an all-time low of $1.59 against the euro, and remained below... More »

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Bear Stearns • euro • Nikkei • Hang Seng • yen • Asian markets • US dollar • Swiss franc • JPMorgan Chase

Dollar Makes Comeback as Banks Predict Intervention

Greenback back above 100 yen, gains on euro

Mar 14, 08 8:17 AM CDT
(Newser) - The dollar made a recovery today after yesterday's disastrous fall, pulling back above 100 yen and gaining against the euro and the pound. The greenback's advance comes as securities firms speculated that the Fed and other central banks will collaborate to safeguard the dollar for the first time in 13... More »

MORE ABOUT:
Ben Bernanke • Federal Reserve • euro • yen • US dollar • Swiss franc

Dollar Hit
as Emerging Economies
Fight Inflation

$108 oil pushes
gas prices higher

Mar 11, 08 7:32 AM CDT
(Newser) - A weak US dollar continued to fuel surging commodity prices today, keeping oil near $108 a barrel and moving a gallon of gas to $3.225, with analysts predicting near $4 prices by spring, the Wall Street Journal reports. Stress on the greenback is coming from not only major but... More »

MORE ABOUT:
oil • yuan • euro • gas prices • US dollar • commodities • dong

Oil Gushes to Record $105.96

A weakening dollar and falling inventories of oil are pushing crude prices up

Mar 6, 08 8:32 AM CST
(Newser) - An ever-weakening dollar, an unexpected drop in US crude oil reserves, and a Wednesday OPEC decision not to boost production helped spur oil to a record $105.96 a barrel, Bloomberg reports. It's the third record this week, and the dollar’s $1.5345 against the euro is the lowest... More »

MORE ABOUT:
oil • OPEC • euro • oil price • crude oil • weak dollar • $100 a barrel oil

Dollar's Slide Pushing Oil Prices Higher

Economic data hammers the greenback as worries about US economy deepen

Feb 29, 08 7:21 AM CST
(Newser) - The dollar continued its fall as unrelentingly dismal economic data eroded confidence in the US economy, Bloomberg reports. The greenback set a new low of $1.52 against the euro this morning and hit a three-year bottom against the Japanese yen. Oil surged more than $2 a barrel to $103.... More »

MORE ABOUT:
oil • recession • US economy • euro • yen • gas prices • crude oil • US dollar

$1.50 Euro Sparks Biz
Plea for Help

Pricey currency crushing competition
for European industry

Feb 28, 08 4:39 AM CST
(Newser) - Now that its common currency is trading above the $1.50 barrier, eurozone industry is calling for action to remain competitive in global markets. BMW, which has already laid off 5,600 employees, will have to take further action in the event of a "sustained rise" of the euro,... More »

MORE ABOUT:
exchange rate • Nicolas Sarkozy • euro • European Central Bank • global market • US dollar • BMW • Dassault

Dollar Slides to Record Low;
Oil Tops $102

Investors bet on Fed rate cut, driving  euro up against US currency

Feb 27, 08 6:27 AM CST
(Newser) - The dollar declined against most major currencies and fell to its lowest level ever against the euro today as markets anticipated another rate cut from the Fed when it meets March 18, increasing the value of assets outside the US, Bloomberg reports. The dollar’s erosion pushed commodity prices up,... More »

MORE ABOUT:
Ben Bernanke • oil • Taiwan • South Africa • New Zealand • yuan • euro • yen • oil price • US dollar • Fed funds rate • rand • Australian dollar

New York
Loves Euros

Awash in tourists,
Big Apple
shops welcome
stronger currency

Feb 25, 08 11:35 AM CST
(Newser) - Wander through the Big Apple these days and you’ll see signs like “Euros accepted!” and even “Euros Only.” The latter is a joke—dollars are accepted, as are British pounds—but many New York City merchants are more than willing to accept visitors' currency, the... More »

MORE ABOUT:
New York City • tourism • exchange rate • currency exchange • euro • US dollar

Dollar Gains Slightly Against the Euro

Investors wait for latest read on vigor of
US economy

Feb 25, 08 5:34 AM CST
(Newser) - European markets saw the US dollar edge higher against the euro, yen and British pound today as traders looked for clues as to whether the US economy would avoid a recession, reports the Associated Press. Today’s report on January sales of existing homes will likely cast some light on... More »

MORE ABOUT:
currency exchange • housing • US economy • pound • euro • US dollar

Big Apple Opens Arms to Euros

Stores taking foreign currency as weak dollar encourages tourists

Feb 7, 08 12:00 PM CST
(Newser) - The falling dollar has made the US a travel bargain, and some merchants in New York City have flung open their doors—and their tills—to the sudden influx of foreign currencies, Reuters reports. The euro, up 12% against the dollar in the past year, is particularly common. "Money... More »

MORE ABOUT:
New York City • exchange rate • Mexican border • euro • US dollar • weak dollar • Big Apple • Canadian border • foreign currency

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