The euro was 0.2 percent from the lowest level since July 2010 after German Chancellor Angela Merkel said following a European Union summit that her nation stands by its opposition to jointly issued common bonds.
The 17-nation currency maintained a drop versus the yen before data forecast to show Europe’s services and manufacturing industries shrank for a fourth month. The Japanese and U.S. currencies remained higher after gaining yesterday against most major counterparts on increasing demand for haven assets amid Europe’s deepening debt crisis. New Zealand’s dollar halted a two-day slide as the nation reported an increased trade surplus.
For more on this Click Here
The euro snapped a two-day rising streak and edged lower on Monday after the German election results prompted some investors to lock profits into one of the most profitable currency trades of the yea
Prime Minister Theresa May’s Brexit speech might have hogged the headlines on Friday, but expect pound traders’ focus to swing back to the Bank of England and a credit-rating downgrade of the UK.
The US dollar is higher against major pairs at the end of trading on September 22. The NZD and the EUR are the main exceptions with elections in the next 48 hours in both regions. Parliamentary elect
European Central Bank President Mario Draghi stressed once again that the central bank's goal is to "ensure price stability and price stability is defined as an inflation rate which is close to 2%",
China-focused venture capital funds are increasing their bets on local technology companies and a further opening of Chinese domestic capital markets, raising money in the yuan at the fastest pace in