Posts Tagged ‘Euro’

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Dollar hits 2-month high against euro

The dollar hit a two-month high against the euro Monday as a resurgence of concerns about Europe’s unsustainable debt levels and a possible slowdown in the continent’s economy took its toll. View full post on Business Stories

Is Germany to Blame for the Euro Crisis?

The financial turmoil in the Eurozone is fostering another potentially scary problem that could hamper the resolution of Europe’s debt crisis. View full post on Business Stories

Unemployment Rises in Europe

Unemployment in the euro zone rose in October to its highest level in more than 12 years, threatening to defeat efforts to turn around stagnant economies at a time of tight budgets. View full post on Business Stories

Dollar turns higher, euro falls under $1.39

NEW YORK (MarketWatch) — The U.S. dollar turned up against the euro and other currencies in trading on Monday as light volume encouraged traders to reverse some positions set for further declines by the dollar. The euro has gained more than 9% against the greenback since the end of August, rising above $1.40 earlier in [...]

Dangerous Divide on Task Force to Save Euro

Two months after Lehman collapsed in the fall of 2008, a small group of European leaders set up a secret task force. Its mission: Devise a plan to head off a default by a euro-zone country. View full post on Business Stories