Joerg Asmussen

The euro traded steadily at $1.35 on Monday morning after European Central Bank Executive Board members Benoit Coeure and Joerg Asmussen both reiterated that the bank had more tools to use in its arsenal if need be. The common currency has felt the pressure recently as official data showed that...

The euro climbed on Wednesday morning following positive statements from a European Central Bank official. The commodity traded at 1.3424 at 7:47 GMT on Wednesday. ECB Executive Board member Joerg Asmussen told reporters that he was predicting gradual improvement within the eurozone during the...

The euro continued to climb on Thursday morning, reaching 1.3122 at the beginning of the day. Supported by renewed optimism about Spain after it held onto its investment-grade rating from Moody's, the euro is gaining momentum toward its highest value since mid September. Thursday marks the...