ForeX

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Entries for the ‘Europe’ Category

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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Dollar Little Changed Against Euro Before Fed’s Rate Decision

Jan. 30 — The dollar was little changed against the euro and yen amid speculation the Federal Reserve will cut interest rates by a half-percentage point today to prevent the U.S. from falling into recession.
The currency pared losses after a private report based on payroll data indicated companies in the U.S. added more [...]

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