ARTICLES RELATING TO EURO

Global shares extend rally, euro firm

2014-04-02 14:20

World stocks extended their recent rally and the yen sagged to a 10-week low as investors focused on the positive in a mixed bag of global economic data.

Euro-dollar stable ahead of inflation data

2014-03-30 15:32

The euro-dollar rate was little changed ahead of crucial data on eurozone inflation, while the yen slipped against the dollar.

Court confirms legality of euro bailout

2014-03-18 12:40

Germany's Constitutional Court confirmed the legality of the euro zone's bailout fund, upholding a preliminary ruling.

Euro in demand among criminals

2014-01-13 13:08

The number of counterfeit euro banknotes withdrawn from circulation in the second half of last year have risen, says the European Central Bank.

Euro gains vs dollar on upbeat German sentiment

2013-11-24 14:40

The euro firmed against the dollar, bolstered by an encouraging sign of confidence in Germany, Europe's biggest economy.

Euro higher after Merkel election victory

2013-09-23 07:37

The euro rose in Asian trade as German Chancellor Angela Merkel clinched her third term in a convincing election victory.

Euro gains helped by German trade data

2013-08-09 13:07

The dollar has dropped slightly against the euro after Germany reported a bounce in its trade surplus in June, a good sign for the eurozone's largest economy.

European stocks stable ahead of US data

2013-06-07 15:19

European stock markets have steadied and the euro slipped against the dollar ahead of an announcement on US jobs data.

German and French stocks open firm

2013-05-27 11:34

The German and French stock markets are showing strong gains, while the markets in the US and UK are closed for a holiday.

Rand weakens‚ eyes inflation data

2012-12-11 20:19

The rand weakened as traders eyed local inflation data for direction.

Rand strengthens on Chinese optimism

2012-12-05 16:45

The rand strengthened after comments from China spurred optimism of potentially higher economic growth in the world’s second-biggest economy.

Rand slides after poor trade data

2012-11-30 19:12

The rand lost ground against major currencies in late trade after the release of disappointing domestic trade data‚ wiping off all its gains of the week.

Rand off intraday highs on local data

2012-11-29 19:20

The rand retraced some of its morning gains‚ after gaining value due to rumours that the US had possibly come to an agreement to avoid the US fiscal cliff.

Euro sags after new Greek debt deal

2012-11-28 07:40

The euro fell against the dollar following a week of gains after the EU and IMF reached agreement on recasting Greece's bailout to avert a looming default.

Rand range bound ahead of EU meeting

2012-11-26 13:50

The rand traded in a narrow band to the dollar during mid-morning as traders looked to the decision whether Greece receives its next instalment of bailout money.

Rand a touch firmer at midday

2012-11-23 12:43

The rand was slightly firmer at noon amidst lacklustre trade due to the holiday weekend in the US.

Rand weaker on negative global sentiment

2012-11-21 13:08

The rand was softer at noon‚ albeit off its intra-day lows‚ due to negative global risk sentiment.

Rand claws back some lost ground

2012-11-19 19:50

The rand was on a firmer footing in late trade‚ recovering from last week’s weaker levels‚ which saw the local currency flirting with the R9/$ dollar mark.

Rand flat after bond auction

2012-11-16 13:43

The rand was flat before noon after a surge in foreign purchasing in the South African bond market offered some relief for local forex traders.

Rand weakens on negative sentiment

2012-11-14 12:39

The rand weakened before noon as international traders fear the spread of ongoing unrest in SA into other sectors of the economy.

Rand weakens on Greek fears

2012-11-12 18:15

The rand weakened‚ tracking the euro as uncertainty about the Greek bailout added pressure to the quiet trading environment.

Rand range bound‚ awaits US election

2012-11-05 16:43

The rand strengthened slightly as traders wait for US election to start on Tuesday.

Rand flat‚ awaits US data for direction

2012-11-01 16:43

The rand is flat as traders wait for US unemployment data for direction.

Rand flat in quiet trade

2012-10-30 12:25

The rand was flat in the late morning as a lack of volume took the shine off the Bank of Japan’s announcement of it boosting asset purchases by 11-trillion yen.

Rand weakens on hurricane Sandy‚ credit

2012-10-29 12:54

The rand weakened in the late morning as traders reacted to South African credit growth data and hurricane Sandy.

 

Euro boosted by Yellen, yen sinks

2014-04-02 10:27

The euro gained against the dollar after a dovish speech by Federal Reserve chief Janet Yellen, while the yen fell on a disappointingly small rise

Euro flat, downside risk remains

2014-03-25 09:41

The euro was flat in Asia after enjoying a rally in New York, but analysts have warned of downside risks if Western leaders tighten economic sanctions on Russia.

Euro hits 17-month high vs dollar

2014-03-13 08:15

The euro has jumped to its highest level against the dollar in 17 months, topping the $1.39 level as traders voted more confidence in the eurozone.

Latvia becomes 18th EU member

2014-01-02 10:11

Latvia has become the 18th member of the eurozone on January 1, which also marks the 15th anniversary of the launch of the single currency in 1999.

Euro strikes eight-month peak

2013-10-17 15:32

The euro has rallied to reach its highest level against the dollar in 8.5 months, following a deal struck to raise the US debt ceiling and avert a default.

Euro mixed in Asia after fresh GDP data

2013-08-15 08:13

The euro was mixed in Asia after fresh data showed the troubled eurozone had exited a recession in the second quarter.

Dollar, euro under pressure in Asia

2013-07-04 09:03

The dollar and euro have come under pressure in Asia as political turmoil in Portugal and Egypt sent investors to the safe-haven yen.

European stocks hit by Asia strains

2013-06-03 13:53

Analysts say European stock markets have fallen after a renewed slide in Tokyo on poorly-received Chinese economic data.

Asian shares rise on firm US earnings

2013-04-24 08:13

Asian shares advanced tracking global equities higher on the back of solid US earnings, but the euro was pressured by soft German data.

Rand strengthens on US fiscal hopes

2012-12-07 16:34

The rand strengthened after renewed hopes that the biggest economy in the world will avert the fiscal cliff.

Rand remains strong on firm euro

2012-12-03 18:36

The rand remained strong in afternoon trade on a firm euro.

Rand firmer due to risk-on trade

2012-11-30 13:07

The rand continued its firmer stance against the dollar at noon‚ advancing for a seventh day, its longest winning streak in five months.

Risk appetite spurs rand recovery

2012-11-29 12:52

The rand rallied to its best level in two weeks‚ spurred by a renewed global risk-on environment amid revived hopes of progress on the US fiscal cliff talks.

Rand shrugs off weak GDP figure

2012-11-27 13:04

The rand was a little stronger at noon after shrugging off the weak local GDP figure as a soft number was expected.

Rand firms in quiet market

2012-11-23 17:45

The rand gained further ground against leading currencies in late trade‚ breaking below R8.90/$‚ tracking a firmer euro.

Rand a fraction softer

2012-11-22 14:38

The rand remained under pressure at noon moving a little bit closer to the R9 to the greenback level due to US markets being closed for Thanksgiving.

Rand weaker on Moody’s downgrade

2012-11-20 13:17

The rand was softer at noon after France was downgraded by Moody’s.

Rand weakens on US fiscal cliff fears

2012-11-15 18:27

The rand weakened as fears over the US fiscal cliff triggered safe-haven purchasing.

Rand weakens on Greek uncertainty

2012-11-13 13:10

The rand weakened before noon as uncertainty in the eurozone added pressure to the euro‚ which the rand tracked softer.

Rand weakens on data worries

2012-11-08 17:40

The rand weakened as traders reacted to disappointing local data and worries that the EU was sliding further into recession.

Rand tracks euro weaker

2012-11-02 16:39

The rand tracked the euro weaker as better-than-expected US unemployment boosted the dollar.

Rand weakens on New York inactivity

2012-10-29 19:45

The rand weakened as a lack of activity due to the closure of markets in the United States‚ caused by Hurricane Sandy‚ frustrated traders.

Rand strengthens on US GDP data

2012-10-26 17:26

The rand strengthened after better-than-expected US GDP data boosted markets.

 
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