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Aug 28, 2014

Russian Invasion Of Ukraine Pummels The Ruble And Euro

The ruble slid to its lowest level in six months against the U.S. dollar as fears that Russia has initiated a full-scale invasion of Ukraine has come to the fore on Thursday. As expected, investors are piling in to safe-haven assets including the yen...

Aug 29, 2014

Untangling a Bank Mess in Europe

An ex-detective working for Austria's troubled Hypo bank is tracing the losses behind a lending debacle that has cost taxpayers billions of euros so far...

Aug 27, 2014

Euro Falters On Record Low Yields

Currency markets are relatively quiet on Wednesday with the euro inching up on the U.S. dollar as investors mull disappointing eurozone data against bets the European Central Bank (ECB) will launch a large-scale asset purchase program. So far this we...

Aug 29, 2014

Euro-Zone Inflation Cools Further

The annual inflation rate in the 18 nations that use the euro sank further in August, heaping further pressure on the European Central Bank to take more aggressive steps to fuel growth in the euro zone's stagnant economy...

Aug 29, 2014

Ronaldo to miss Portugal's Euro qualifier

Unfit Cristiano Ronaldo misses Portugal's opening Euro 2016 qualifier as 4 get first call-u...

Aug 18, 2014

Paris Gunmen Hold Up a Saudi Prince’s Motorcade and Steal 250,000 Euros

"It's quite an unusual attack," a police source told the AFP news agenc... #Paris #France

Aug 25, 2014

Draghi Leaves the Door Open for ECB QE, Seeks to Jolt Eurozone Economy

Prodding governments to do more to boost demand and hinting at European Central Bank action to go along with it marks a major shift in ECB chief Mario Draghi's euro zone policy away from a focus on austerity towards reviving growth... #European Central Bank #Mario Draghi

Aug 28, 2014

Low National Inflation Rates Pressure ECB

Low German inflation and falling Spanish consumer prices put added pressure on the ECB to take steps to prevent ultralow inflation from further damaging the euro zone's stagnant economy... #European Central Bank #Mario Draghi

Aug 25, 2014

Euro's Strength No Match For Draghi's Comments

Mario Draghi?s silver tongue has caused the euro to plummet against the U.S. dollar to its lowest level all year on Monday. The European Central Bank (ECB) chief raised forex market expectations in a speech last Friday hinting that broad-based asset ... #European Central Bank #Mario Draghi #Forex

Aug 26, 2014

Euro Plumbs Dollar Depths After Draghi And The Fall of France

The euro continues to languish at an annual low against the U.S. dollar on Tuesday. Investors are absorbing the European Central Bank (ECB) chief?s remarks from last week that suggested more action, such as a quantitative easing (QE) program, could b... #European Central Bank #Mario Draghi #Forex