Euro

July 01, 2019 - 6:46 am
FRANKFURT, Germany (AP) — The unemployment rate in the 19 European Union countries that use the euro fell to its lowest in more than a decade in May as domestic demand and low interest rates help keep the recovery going. Official figures Monday showed the jobless rate declined to 7.5 percent from 7...
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FILE - In this June 2, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a conference involving its review of its interest-rate policy strategy and communications in Chicago. On Wednesday, June 19, the Federal Reserve releases its latest monetary policy statement and updated economic projections. (AP Photo/Kiichiro Sato, File)
June 19, 2019 - 5:48 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday but signaled that it's prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other threats. The Fed kept its benchmark rate — which influences many consumer and business...
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FILE - In this Thursday, May 16, 2019 file photo, European Central Bank President Mario Draghi arrives for a meeting of Eurogroup Finance Ministers at the European Council headquarters in Brussels. The European Central Bank stands ready to cut interest rates and could re-start its bond purchase stimulus program if needed to help the economy, President Mario Draghi said Tuesday June 18, 2019, in a speech at an ECB conference in Sintra, Portugal. (AP Photo/Francisco Seco, File)
June 18, 2019 - 12:40 pm
FRANKFURT, Germany (AP) — The European Central Bank could unleash more stimulus if the economy doesn't pick up soon, its president warned Tuesday, sparking a sharp drop in the euro and drawing an angry tweet from U.S. President Donald Trump. Mario Draghi told a conference in Sintra, Portugal, that...
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International Monetary Fund (IMF) Managing Director Christine Lagarde, right, and European Central Bank (ECB) President Mario Draghi, left, speak prior to G20 Finance Ministers' and Central Bank Governors' Meeting Saturday, June 8, 2019, in Fukuoka, western Japan. (AP Photo/Eugene Hoshiko, Pool)
June 13, 2019 - 7:41 am
FRANKFURT, Germany (AP) — The euro has gained ground on the dollar as a global currency used for government reserves as U.S. sanctions deter some countries' use of the U.S. currency. The dollar, however, is still very much the dominant currency for international trade, borrowing and reserves. That...
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A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Tuesday, June 4, 2019. Shares are mixed in Asia after a tumultuous session for tech shares on Wall Street.(AP Photo/Lee Jin-man)
June 04, 2019 - 8:01 am
BANGKOK (AP) — Shares in Europe are bouncing back Tuesday and Wall Street appears headed for gains as Mexico tries to ease trade tensions with the U.S., while President Donald Trump meets with Britain's prime minister and leading CEOs amid questions over Brexit. A report showing that the...
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A currency trader talks on the phone near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Monday, March 25, 2019. Shares were sharply lower in Asia on Monday after Wall Street ended last week with a broad retreat. (AP Photo/Lee Jin-man)
March 25, 2019 - 2:03 am
BANGKOK (AP) — Shares tumbled in Asia on Monday after Wall Street ended last week with a broad retreat, while Thailand's market saw a moderate loss following a general election that appeared likely to keep the incumbent, junta-backed prime minister in power. Japan's Nikkei 225 stock index skidded 3...
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The buildings of the banking district are reflected on the plain surface of the river Main in Frankfurt, Germany, Thursday, Jan. 3, 2019. (AP Photo/Michael Probst)
January 04, 2019 - 5:59 am
LONDON (AP) — Further signs of a cooldown in the eurozone economy emerged Friday, weighing on expectations that the European Central Bank will start raising interest rates this year. Inflation across the 19-country currency union fell in December to an eight-month low in the wake of the recent...
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A man prepares to leave the brokerage house in Beijing, Thursday, Jan. 3, 2019. Asian markets were mostly higher Thursday after tumbling more than 1 percent on the first trading day of 2019, as weaker-than-expected Chinese data exacerbated growth fears. (AP Photo/Andy Wong)
January 02, 2019 - 10:55 pm
SINGAPORE (AP) — Asian markets were mixed on Thursday after tumbling more than 1 percent on the first trading day of 2019. Apple downgraded its sales projections, citing slowing Chinese growth, hitting technology shares in South Korea and Taiwan. The Japanese yen, seen as a relatively safe asset,...
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FILE- In this Nov. 29, 2018, file photo trader Timothy Nick works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. 14. (AP Photo/Richard Drew, File)
December 14, 2018 - 5:22 pm
NEW YORK (AP) — Stocks staggered to eight-month lows Friday after weak economic data from China and Europe set off more worries about the global economy. Mounting tensions in Europe over Britain's impending departure from the European Union also darkened traders' moods. Major U.S. indexes fell...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Aug. 30, 2018. Asian markets were mixed Thursday as positive sentiment from U.S. economic data and the country's willingness to strike a trade deal with Canada was shaken by a weaker dollar. (AP Photo/Ahn Young-joon)
August 30, 2018 - 5:16 am
SINGAPORE (AP) — Global markets were mostly lower Thursday as a weak dollar eclipsed strong U.S. economic data and signs that the European Union could offer Britain a special partnership before it leaves the bloc in March. KEEPING SCORE: In Europe, Germany's DAX was down 0.8 percent at 12,456.36...
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