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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: euro

euro stories: 55 news summaries

41 - 55 of 55 Stories | << Prev 1 2 3

Cyprus, Malta Adopt Euro

Fireworks herald Mediterranean islands' currency change

(Newser) - The new year brought a new currency to Malta and Cyprus, which today became the 14th and 15th countries to adopt the euro. The changeover went smoothly, the EC said in a statement. "Both Cyprus and Malta are small, open and thriving economies for whom having a stable and... More »

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Is the Worst Over for the Dollar?

Experts predict modest rise for greenback in '08

(Newser) - After a year that saw the dollar slip to record lows against the euro and its weakest position in decades, the worst might be over for the beleaguered greenback. A survey of 42 strategists by Bloomberg found nearly unanimous consensus that the dollar is set for a gain, with a... More »

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Weaker Dollar Revamps World Economy

Americans lose pride, buying power, but gain jobs and sales abroad

(Newser) - A declining US dollar is sparking changes worldwide, drawing jobs to the States and spurring sales of US goods, but also ending an age of rich Americans abroad and hurting economies that are pegged to the note. Its 7-year, 40% drop against the Euro is no short-term slide either, experts... More »

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Euro Slips on Interest Rate Speculation

Down from record high; fading German consumer confidence a factor

(Newser) - The euro dropped against the dollar on speculation that the European Central Bank might hold off on raising interest rates, AP reports. The euro hit a record $1.4966 Friday as investors worried about US stability. It was down to $1.4732 this morning in European trading. Germany is feeling... More »

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Oil Tops $99 as Dollar Sinks

 Weak greenback and strong demand could send crude over
$100 a barrel today

(Newser) - The price of oil hit a record high mere pennies from $100 a barrel and the dollar sunk to a new low in early trading today. Oil hit $99.29 but slipped back to $98.64. With cold weather hitting the US, and OPEC supplies limited, some analysts think oil... More »

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Supermodel Swears Off  Dollar

Giselle joins trend, demanding  payment
in another currency

(Newser) - Gisele Bundchen, who pulled in $33M in front of the camera this year, doesn't like the looks of the dollar. Following the lead of billionaires Warren Buffett and Bill Gross, the world's richest model is asking to be paid in some other currency, usually the euro. “We don't know... More »

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Dollar, Oil Woes Weigh on Market

Good tech news keep stocks mainly unchanged

(Newser) - Stocks mostly finished where they began today, despite the dollar hitting a record low against the euro and continued record-busting oil prices ($89.45 a barrel). Weak Bank of America profit figures started off the day badly, the Wall Street Journal reports. The Dow was down 3.58 to 13888.... More »

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Dollar's Slide Softens Economy's

Increased exports offset housing market collapse

(Newser) - Even as the weakening US dollar has Americans dropping European vacation plans, some economists are finding a silver lining: A sudden upswing in exports that could help offset the tanking housing market. And while that jump was predictable, writes the Wall Street Journal, a limp greenback also works to... More »

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Markets Wrap Up Banner Week

Best week in 6 months

(Newser) - Stocks climbed again today, closing out the biggest weekly gain since March. The Dow rose 53.49 to 13,820.19, the Nasdaq climbed 16.93 to 2,671.22, and the S&P 500 closed at 1,525.75, up 7.00. The Dow and S&P rose 2.... More »

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Record Low: Euro hits $1.40

Dollar breaks important threshold, but fall isn't over yet

(Newser) - The dollar dropped to a record low against the euro in early Asian trading on Thursday, breaking the $1.40 barrier for the first time since the establishment of the common currency. The Fed's half-point cut in interest rates led investors to drop the greenback, and chief Ben Bernanke's upcoming... More »

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Investors Might Reap Rewards
of Dollar's Slide

Currency's record lows against euro cause "to cheer," analyst says

(Newser) - The dollar may be continuing its slow, steady decline against the euro, but many analysts are looking on the bright side, Business Week reports. American stocks, companies, investors, and workers can all benefit from the decreasing value of their currency, economists say, with one calling the dollar’s decline... More »

Dollar Plummets to 15-year Low

Job loss data fuels panic about US economy

(Newser) - Panic over the state of the US economy pushed the dollar to a 15-year low against major currencies yesterday. The drop came on larger-than-expected July payroll declines, data one analyst called “simply horrific.” Many fear that the credit crunch will drive down consumer spending, igniting a recession. Investors... More »

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Credit Squeeze's One Winner: The Dollar

Worldwide scramble for greenbacks reverses currency's slide

(Newser) - After years of decline, the American dollar has reasserted itself in the face of the worldwide credit crunch. The dollar has rallied against the euro and the pound as banks and investors drop hazardous financial instruments and hold cash, Bloomberg reports, making the implication clear: For all its woes, the... More »

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Europe Beckons; Penny-Pinchers Can Respond

Diving dollar be damned—here are 10 tips for wise budgeting

(Newser) - The euro and the pound are kicking the dollar's butt, but that doesn't mean you need to cancel your vacation plans. The Times gives you 10 tips for traveling on a shoestring:
  1. Find cheap flights abroad
  2. Find a budget hotel or rent a villa
  3. Within Europe, try the budget
... More »

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Pound Soars Against Dollar

Sterling passes $2.02, raising hopes and filling coffers

(Newser) - The British pound climbed against the dollar today to a level not seen since June 1981, nudging past $2.02 before closing at $2.0136. The third consecutive trading session with a 26-year high came as the UK braced for a interest rate hike and the US braced for an... More »

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41 - 55 of 55 Stories | << Prev 1 2 3