January 02, 2014

Euro to be 2013's top-performing major currency

NEW YORK: Although easing back on Tuesday, the euro remained on track to be the world's best-performing major currency this year, while the dollar looked set for its biggest annual gain against the yen since 1979.

January 01, 2014

December 31, 2013

Euro Still Vulnerable Despite Rising Against Dollar

The euro rose broadly on Monday, as euro zone banks repatriated foreign-held assets before year-end and after the European Central Bank chief said there was no urgent need to cut interest rates.

December 30, 2013

EU's Herman Van Rompuy sees European economic revival in 2014

BRUSSELS: European Council president Herman Van Rompuy on Sunday forecast an economic upswing for Europe in 2014 in an interview with a Flemish-speaking broascaster.

December 29, 2013

Euro hits two-year high as banks shore up balance sheets

LONDON, Dec 27 (Reuters) - The euro jumped to its strongest level against the dollar in more than two years on Friday as banks adjusted positions for the year end.