Euro Snaps 2-Day Gain Against Dollar On Debt Crisis
The euro snapped a two-day advance against the dollar amid speculation the European Central Bank may need to…
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European Central Bank
Gold Higher As Spain Concerns Eased
Gold inched up on Thursday, tracking modest gains in the euro as worries about Spain's debt restructuring eased…
ECB Loans To Portuguese Banks Register Record
Portuguese banks' borrowings from the European Central Bank jumped to a new record in March as they took advantage…
Bank of England Maintains Interest Rate At 0.5%
The Bank of England’s Monetary Policy Committee voted to maintain the official Bank Rate paid on commercial bank…
U.S Dollar Hits 1-Week High On Fed’s Meeting
The dollar hit a one-week high against a basket of currencies on Wednesday, lifted by minutes from the U.S.…
ECB Resists Pressure to Flag An Exit
The European Central Bank should hold interest rates at a record low of 1 percent on Wednesday and resist German…
European Banks Prepare To Repay LTRO Loans
Europe’s biggest banks are preparing to return a third of the cheap three-year funding they recently borrowed from…
ECB’s Constancio: IMF Needs More Resources
The International Monetary Fund needs more resources to tackle challenges in the global economy, not just Europe,…
German Ifo Business Climate Index Unexpectedly Hikes
German business confidence unexpectedly rose to an eight-month high in March, suggesting Europe’s largest economy…
CBE: Basel II To Be Applied By 2012 End
Central Bank of Egypt ended with preparing Basel II banking reform program, whose preparation started since 2009…
