Where Will Euro Go?

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Stories 21 - 29 of 29

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February 2008
- Dollar Gains Slightly Against the Euro
  
  Associated Press | 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 whether the subprime virus will continue to drag the economy down. More »
- Big Apple Opens Arms to Euros
  
  Reuters | 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 is money,” said wine-store owner Robert Chu. More »
January 2008
- Global Markets Retreat Ahead of Fed Move
  
  AFP | Jan 30, 08 7:49 AM CST
  
  (Newser) - European stocks followed declines in Asian markets as news of more subprime woes overshadowed an anticipated 50 basis point rate cut from the Federal Reserve and some positive economic data from the US, AFP reports. London’s FTSE 100 was down 0.85%, the Paris CAC was off 1.54%, Frankfort’s DAX 30 dipped 0.67% and the Euro Stoxx 50 was off 0.80%. More »
December 2007
- Is the Worst Over for the Dollar?
  
  Bloomberg | Dec 27, 07 12:30 PM CST
  
  (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 median prediction of a 3.5% rise against the euro, to $1.40, in 2008. More »
- Weaker Dollar Revamps World Economy
  
  Washington Post | Dec 24, 07 11:04 AM CST
  
  (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 say. Even Jay-Z is touting Euros in his new video, "Black Magic," which extols lavish Manhattan lifestyles. More »
November 2007
- Euro Slips on Interest Rate Speculation
  
  Associated Press | Nov 28, 07 7:20 AM CST
  
  (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 the pain of a strong currency, which hurts exports, and officials and consumers are concerned about a slowdown. More »
- Supermodel Swears Off Dollar
  
  Bloomberg | Nov 5, 07 9:25 PM CST
  
  (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 what will happen to the dollar,'' commented Patricia Bundchen, the model’s twin and manager. More »
October 2007
- Dollar's Slide Softens Economy's
  
  Wall Street Journal | Oct 1, 07 1:44 PM CDT
  
  (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 slow one vital export: that of American jobs and factories. More »
September 2007
- Record Low: Euro hits $1.40
  
  Bloomberg | Sep 20, 07 7:07 AM CDT
  
  (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 testimony before Congress might spell further trouble. More »

Stories 21 - 29 of 29

<< Prev 1 2

Stories

Dollar Gains Slightly Against the Euro

Big Apple Opens Arms to Euros

Global Markets Retreat Ahead of Fed Move

Is the Worst Over for the Dollar?

Weaker Dollar Revamps World Economy

Euro Slips on Interest Rate Speculation

Supermodel Swears Off Dollar

Dollar's Slide Softens Economy's

Record Low: Euro hits $1.40

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