The euro fell below $1.19 for the first time in more than four years on Monday but recovered most losses as U.S. stocks rose slightly and strong German manufacturing data pushed investors to buy back the currency. READ MORE »
Posts tagged european union
US Stocks Plunge As Fears Over Europe Escalate
The U.S. stock market plunged on Tuesday as investors’ fears ramped up that Greece’s financial problems could spread beyond its borders. READ MORE »
Dollar hits highest in more than a year as euro fears linger
Single currency below $1.26; British pound slips as U.K.’s trade deficit widens. READ MORE »
Dollar, Yen Climb on Concern About European Banks, U.S. Growth
The dollar and the yen rose against their major counterparts as concern that Europe’s debt crisis is expanding and the U.S. economic recovery may be growing more slowly pushed investors to the safest currencies. READ MORE »
Euro hits multi-year low, recovers on short covering
The euro fell below $1.19 for the first time in more than four years on Monday but recovered most losses as U.S. stocks rose slightly and strong German manufacturing data pushed investors to buy back the currency. READ MORE »