Euro Could Appreciate on Rate Disparities Between the Fed and the ECB
The euro declined against the greenback to 1.1315 Friday following the report of solid US existing home sales data for January. The weak Eurozone consumer confidence data also enabled the greenback to gain ground against the euro. However, economists believe
Read MoreEuro Declines As Lagarde Warns Against Rapid Rate Hike
The euro fell versus its main equivalents during the European session Friday, in response to remarks from the ECB (European Central Bank) President Christine Lagarde, who said that a hasty rate rise would be detrimental to the economy and that,
Read MoreEuro May Gain Further Ground on Short Squeeze
The US dollar strengthened against most of its main competitors on Friday after the Labor Department reported that US employment rose far more than predicted in January. The US dollar strengthened against most of its main competitors on Friday after
Read More