euro

The euro fell against the dollar on speculation the European Central Bank will announce non-standard measures to stimulate the economy following an interest-rate decision today. The 16-nation currency also declined versus the Canadian dollar and the pound. The yen slid versus the dollar and...

The euro may extend its decline to $1.25 after dropping below the March 30 low of $1.3114, said Sumitomo Trust & Banking Co., Japan’s fifth-largest bank. The $1.3114 level is so-called support on a horizontal trend line of a descending triangle, said Akifumi Uchida, deputy general manager of...

The yen and the dollar weakened against higher-yielding currencies as Asian stocks advanced, giving investors more confidence to buy riskier assets. Japan’s currency also fell after a gauge of expected movements in the foreign-exchange markets declined to the lowest since September...

The euro fell against the dollar and the yen on speculation the European Central Bank is lagging behind international counterparts in efforts to deal with the biggest financial crisis in six decades. The yen weakened beyond 100 per dollar for the first time since Nov. 4 and fell against the...

German Finance Minister Peer Steinbrueck said the euro might be hurt if member states stray from European Union budget rules, warning nations to exercise spending discipline or risk priming the next financial crisis. Germany has a “massive” interest in the EU’s Stability and Growth Pact...

The yen fell for a second day against the euro on speculation Japanese reports will show retail sales and business sentiment are deteriorating, reducing demand for the currency as a refuge from world financial turmoil. The Australian and New Zealand dollars strengthened against the yen as...

Less than a month after lambasting European Central Bank President Jean-Claude Trichet for failing to keep up with Ben S. Bernanke’s efforts to stem the recession, foreign-exchange traders are glad he’s behind the curve. The 16-nation currency strengthened 7.5 percent versus the dollar since...

The euro may extend its rally to a five-month high of 150 yen should the currency strengthen beyond a so-called neckline at 131.04 yen, Standard Chartered Bank said, citing trading patterns. The level of 131.04 yen represents the neckline of a “potential double-bottom” pattern, Callum...

The yen declined against the dollar and the euro after the nation posted its first current-account deficit in 13 years. The Japanese currency also weakened versus the Swiss franc after the Finance Ministry in Tokyo reported a deficit that was more than 11 times larger than economists...

The euro fell against the dollar on speculation European Central Bank President Jean-Claude Trichet will lower interest rates today and signal further cuts are needed to curb the deepening recession. The euro also headed for a fourth weekly loss versus the greenback before a statistics office...

The dollar and the yen weakened after Australia’s central bank unexpectedly halted its most aggressive round of interest-rate cuts, boosting demand for higher-yielding assets. The U.S. and Japanese currencies also snapped two days of gains versus the euro as Asian shares pared losses and U.S...

The euro fell, set for the biggest weekly decline in a month against the dollar, on speculation European Central Bank President Jean-Claude Trichet will signal in a speech today that he may cut interest rates to spur growth. The 16-nation currency headed for its seventh weekly loss in eight...

The euro rose from near a three- month low against the dollar on speculation German Chancellor Angela Merkel will signal Europe’s largest economy plans to take action to help avert the financial turmoil in the region. The euro snapped three days of losses against the dollar after Finance...

The yen rose against the euro and the dollar as Asian stocks slumped on concern the U.S. government’s bank-rescue plan will fail to revive lending, boosting demand for Japan’s currency as a haven. The yen also gained against higher-yielding currencies such as South Korea’s won and Sweden’s...

The euro traded near a two-month low against the dollar on concern the economic slump in Eastern Europe will deepen a recession in the 16-nation currency bloc. The currency may decline for a second day against the yen on speculation the European Central Bank will signal it plans to cut...

The pound fell against the euro for a second day on speculation a report on U.K. construction will fuel the Bank of England’s need to cut interest rates. The British currency was also little changed versus the dollar before economic surveys this week that may show house prices, consumer...

The pound was little changed against the euro, set for its biggest monthly gain on record versus the European currency. The British currency was at 90.56 pence per euro as of 6:31 a.m. in London, rising 3.8 percent in the week and 7.7 percent in January, the most since the common currency’s...

The euro weakened for a third day against the dollar on speculation business sentiment in Germany slumped as credit losses spread through Europe, fueling expectations the European Central Bank will lower interest rates. The British pound approached a 23-year low versus the greenback on...

The euro weakened for a third day versus the dollar, reaching a one-month low, as traders added to bets the European Central Bank will reduce interest rates, decreasing the appeal of the region’s assets. The 16-nation currency also declined to the lowest level in more than a month against the...

The dollar weakened for a second day against the euro before a government report that economists estimate will show sales of new U.S. homes declined to the lowest level in more than 17 years. South Korea’s won declined the most in a month versus the U.S. currency and India’s rupee fell for a...