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ECB Indecision Fuels Euro Slide, Dollar Rebound After Jobs Miss

EghtesadOnline: The euro fell and the dollar pared losses on reports European Central Bank officials may still be a ways away from detailing plans to scale back asset purchases, reversing earlier moves triggered by below-consensus gains in U.S. jobs and wages.
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Publish Date:02/September/2017 | 05:34

ECB Indecision Fuels Euro Slide, Dollar Rebound After Jobs Miss

EghtesadOnline: The euro fell and the dollar pared losses on reports European Central Bank officials may still be a ways away from detailing plans to scale back asset purchases, reversing earlier moves triggered by below-consensus gains in U.S. jobs and wages.
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Publish Date:02/September/2017 | 05:34

The Euro Area Is Due for a Reboot. Here's What Is Being Proposed

EghtesadOnline: When France elected Emmanuel Macron in May, the prospects of mending the euro’s inherent flaws suddenly brightened. Adopted in 1999, the common European currency was intended as a political project to foster unity, but the crisis in Greece a decade later exposed the euro’s inability to enforce shared rules, principally on government debt and spending.
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Publish Date:14/August/2017 | 05:50

The Euro Area Is Due for a Reboot. Here's What Is Being Proposed

EghtesadOnline: When France elected Emmanuel Macron in May, the prospects of mending the euro’s inherent flaws suddenly brightened. Adopted in 1999, the common European currency was intended as a political project to foster unity, but the crisis in Greece a decade later exposed the euro’s inability to enforce shared rules, principally on government debt and spending.
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Publish Date:14/August/2017 | 05:50

Euro Rally Cools

EghtesadOnline: The rial was quoted at 45,490 to a euro on Monday in Tehran's market, marking a 1% gain against the European currency in the past three days.
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Publish Date:01/August/2017 | 11:07

Stocks Fall, Dollar Sinks as Politics Take a Toll

EghtesadOnline: U.S. stocks sank Friday and the euro climbed to its highest level against the dollar since January 2015 as investors assessed an investigation into U.S. President Donald Trump that may stall his economic agenda. European shares fell as the common currency’s rally weighed on carmakers and other exporters. Oil slumped after reports that OPEC supply increased this month.
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Publish Date:22/July/2017 | 04:33

Euro surge to two-year high prompts stocks pause

EghtesadOnline: The euro’s surge to an almost two-year high dominated financial markets on Friday, with most major stock exchanges consolidating after a second strong week of gains while those in mainland Europe dipped.
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Publish Date:21/July/2017 | 11:23

Asian shares ride U.S., European gains, dollar hovers near seven-week high

EghtesadOnline: Asian shares rose on Tuesday, thanks to strength in Europe and the United States as oil's longest stretch of daily price gains in over five years lifted energy shares, while markets in Seoul were briefly shaken by a missile launched by North Korea.
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Publish Date:04/July/2017 | 05:12

Dollar firm before Fed's Dudley, euro and pound hold steady

EghtesadOnline: The dollar steadied against a basket of currencies on Monday after slipping on soft U.S. economic data, with investors awaiting comments by a top Federal Reserve official for clues on whether recent strength can be sustained.
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Publish Date:19/June/2017 | 04:39

Weidmann Says ECB Is Starting to Debate Changing Guidance

EghtesadOnline: The European Central Bank is starting to debate whether to reflect the euro area’s improving economic prospects in its policy guidance, Bundesbank President Jens Weidmann said.
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Publish Date:01/June/2017 | 11:09