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Euro Reverses Gains As ECB Proves It Means Business
Wednesday, May 20, 2015 - 1:25pm | 368This week, comments from the European Central Bank helped reverse some of the euro's recent gains, something many say is responsible for the region's improved economic performance. The bank has been injecting cash into the struggling eurozone economy for months now, but rhetoric from the region's...
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Eurozone PMI Improves, ECB Still Concerned About Strong Euro
Wednesday, April 23, 2014 - 7:35am | 369The euro held on above $1.38 as investors looked to the European Central Bank for clues about whether or not it would ease further at its upcoming May meeting. The common currency traded at $1.3828 at 8:00 GMT on Wednesday morning as strong data and uncertainty about the bank’s position kept...
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Market Wrap For February 12: Markets Take a Breather, Senate Passes Debt Limit Bill
Wednesday, February 12, 2014 - 5:59pm | 3119U.S. stocks took a breather on Wednesday with major indices little changed after one of the largest four-day bull runs in recent history. The House has authorized a one year extension to the government's borrowing authority until March 16, 2015. The Senate gave the final seal of approval this...