THE euro crisis never seems to end. From an acute phase of worries about public debt and whether the single currency might break up it has moved on to a chronic condition of near-zero growth and fears of deflation.
LONDON, Oct 24 (Reuters) - The euro slipped on Friday, as investors were cautious ahead of the results on Sunday of stress tests on euro zone banks, while the yen was underpinned by safe-haven flows due to a fresh Ebola scare in New York.
NEW YORK, Oct 24 (Reuters) - The euro rallied on Friday ahead of an official report on the health of the euro zone's main banks as investors continued a trend of covering their short-positions leading to buying of the currency against the U.S.
DUBLIN (Reuters) - European bank stress tests have found that Ireland's permanent tsb (PTSB) had a capital shortfall of 800 million euros (630.14 million pounds) to 850 million euros (669.53 million pounds) at the end of 2013, a source familiar with ...
(James Saft is a Reuters columnist. The opinions expressed are his own). By James Saft. Oct 23 (Reuters) - The euro, long the beneficiary of central bank reserve buying, may be seeing that support ebb and possibly reverse.
Mario Draghi may find a falling currency can't buy much of an economic recovery. The euro has dropped toward a two-year low against the dollar since the European Central Bank president boosted stimulus earlier this month.
BRUSSELS (Reuters) - Euro zone leaders sought on Friday to bridge stark differences over how to avoid economic stagnation and deflation in the bloc, with Germany facing fresh calls to soften its budget rigor and spend more.