Written by 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 eurozone economy
Gold firms as Greece downgrade lifts risk aversion
Gold firmed on Tuesday as a ratings downgrade of Greece sparked fears of a worsening fiscal crisis, lifting interest in the metal as a haven from instability in the wider markets. READ MORE »
U.S. Stocks Are Steady in Early Trading
Markets on Wall Street opened little changed Friday, with consumer staples and industrial shares providing support, but the market was expected to seesaw with the expiration of futures and options contracts. READ MORE »
US Stocks Rise Slightly, Led By Financials, Energy; DJIA Up 19
U.S. stocks rose slightly Wednesday as the financial sector rallied on a rosy forecast from State Street Corp. and an increase in crude lifted energy stocks, but the gains were small as disappointing manufacturing data out of Germany weighed. READ MORE »
Eurozone economic sentiment falls in February
Economic sentiment in the 16 countries that use the euro worsened in February for the first time in nearly a year, the European Commission said Thursday, in a further sign that the recovery from recession has lost momentum. READ MORE »