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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 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 15, 2014

Weakness in Eurozone, Asia pose risks to U.S. economy

Troubles in the global economy have dogged the American economy since early in the recovery, with the Eurozone debt crisis, the so-called Arab Spring in the Middle East and the Japanese tsunami all swiping momentum from U.S. growth in varying degrees... #European Central Bank #Mario Draghi

Aug 14, 2014

Eurozone Recovery Stalls, With Weakness in Germany and France

The gross domestic product of the 18 nations sharing the euro did not expand at all from the first quarter as the bloc’s momentum sputtered... #Germany #European Union #Europe #France #European Monetary Union

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 14, 2014

Eurozone economy stalls, adding new worries for American recovery

The Eurozone's feeble recovery came to an outright halt in the second quarter, the latest in a batch of disappointing global economic indicators that have clouded the prospects for American growth... #European Central Bank #Mario Draghi #Forex

Aug 15, 2014

As Europe Economy Stumbles, Britain Offers Hesitant Hope

The eurozone is flirting with recession while the British gross domestic product grew 3.2 percent. But weaknesses lurk in the numbers, analysts say... #Europe #United Kingdom #Bank of England #European Monetary Union

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... #Europe #United Kingdom #Bank of England #European Monetary Union

Aug 06, 2014

U.S. Dollar Rides High While Ukraine Conflict Intensifies

The U.S. dollar is holding steady below an 11-month high against a basket of currencies including the euro which is feeling the pinch of poor eurozone data as investors fret over the Ukraine-Russia conflict... #Europe #United Kingdom #Bank of England #European Monetary Union

Aug 14, 2014

Eurozone Recovery Stalls With Weakness in Germany and France

The gross domestic product of the 18 nations sharing the euro did not expand at all from the first quarter as the bloc’s momentum sputtered... #Germany #European Union #Europe #France #European Monetary Union