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Entries for the ‘Europe’ Category

Euro Gains Versus Dollar, Yen as Credit Suisse Posts a Profit

April 23  — The euro rose against the dollar and the yen after Credit Suisse Group AG, the biggest Swiss bank by market value, said it returned to profit in the first quarter, spurring demand for higher-yielding currencies.
The yen fell against the Australian and New Zealand dollars as Asian stocks advanced after Credit Suisse’s earnings [...]

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Euro Falls Versus Dollar Before German Business Confidence Data

April 24 — The euro fell for a second day against the dollar on speculation an industry report today will show German business confidence declined in April, indicating the currency’s strength is hurting Europe’s biggest economy.
The 15-nation currency has retreated from a record high as traders bet slowing growth will discourage the European Central [...]

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