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Euro Drops After ECB Decision
(RTTNews) - As expected, the European Central Bank raised its main refinancing rate by 75 basis points to 2 percent. Following the announcement, the euro fell against its major opponents.
The euro was trading at 147.19 against the yen, 0.9938 against the franc, 0.8669 against the pound and 1.0032 against the greenback around 8:20 am ET.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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Euro Climbs Against Majors
The euro firmed against its major counterparts in the New York session on Thursday.
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Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Thursday.
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U.S. Dollar Falls Amid Fed Rate Cut Speculation
The U.S. dollar weakened against other major currencies in the Asian session on Thursday, after the Fed official left the door open for an interest rate cut next month.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Thursday.
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Euro Falls Amid Political Uncertainty
The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
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Euro Falls Against Majors
The euro weakened against other major currencies in the European session on Wednesday.
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