Look to the US for Path of the Euro


Look to the US for Path of the Euro
The euro is back in the middle of the road. It has veered between $ 1.21 and $ 1.05 in 2015 but now, at $ 1.116, is almost exactly in line with its average so far this year. It will take a fresh catalyst, most likely from the U.S., to steer the single …
Read more on Wall Street Journal

US dollar falls against euro on weak data
NEW YORK, May 15 (Xinhua) — The U.S. dollar dropped against the euro to a three-month low on Friday amid another batch of lackluster economic data from the country that raised expectation the Federal Reserve will hold its rate hike decision for a …
Read more on Xinhua

Germany says 'helpful' referendum could decide Greece's euro fate
Greek Prime Minister Alexis Tsipras campaigned to stay in the euro when his Leftist Syriza party stormed to power in late January. But after three months of fractious talks which have yielded little agreement, Greece stands on the brink of defaulting …
Read more on Telegraph.co.uk


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