Euro block economic sentiment seen up at 17-month high

Source: Bloomberg
© Scanpix\AFP

Economic sentiment in the Euro block probably advanced to the highest point in 17 months this month, adding to case that Euro area's recovery is improving from a record-long recession. The economic confidence index increased from 92.5 last month to 93.8 in August, while unemployment rate probably remained at a record high of 12.1 % in July.

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Mon, 26 Aug 2013 08:06:19 GMT

Euro steady following limited U.S. home sales

The 17-nation currency traded steady versus the U.S. Dollar, fluctuating around $1.3880, after the Euro jumped from $1.3330 in the last session on disappointing U.S. home sales report. The common currency remained flat at $1.3366 against the U.S. Dollar, while fluctuating around Friday's close against the Sterling, buying at  0.8587.

Mon, 26 Aug 2013 08:17:04 GMT

Dollar continues to decline as traders watch economy for tapering signs

The greenback maintained a weekly fall versus the Euro, while investors speculated  over whether the U.S. economy has grew enough for the Federal Reserve to start stimulus tapering next month. The U.S. Dollar remained steady at $1.3383 versus the Euro and was at 98.58 against the Yen, while the common currency touched 131.92 versus the Yen.

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