Euro Rallies as Growth Prospects Improve, British Pound Extends Rebound

The Euro extended the advance from the previous day and rallied to a fresh weekly high of 1.3795 during the overnight trade as the economic docket reinforce an improved outlook for the region. Meanwhile, EU President Jean-Claude Juncker acknowledged that the Euro-Zone needs new instruments to avert future crises, but argued that creating a European Monetary Fund would not solve the debt issues with Greece and that it would be “meant for more broad-based crises.”

Read More Euro Rallies as Growth Prospects Improve, British Pound Extends Rebound

Related Posts

• July 21, 2010 -- British Pound Bounces Back as BoE Sees Risks For Inflation, Euro Extends Previous Days Decline (0)
• March 30, 2010 -- British Pound Extends Rebound From 148, Euro Rally Tapers Off (0)
• March 26, 2010 -- Euro Extends Advance as EU Meets on Common Ground, British Pound Maintains Narrow Range (0)
• March 3, 2011 -- Forex Euro Clears 13900 As ECB Warns Of Higher Inflation, British Pound To Benefit From Risk Appetite (0)
• February 25, 2011 -- Forex British Pound Tumbles as UK GDP Disappoints in the Fourth Quarter, Euro Holds 13780 For Now (0)
• February 19, 2011 -- Euro Advance To Be ShortLived, British Pound Rallies Ahead Of BoE Minutes (0)
• September 11, 2010 -- Australian Dollar May Appreciate Further as Growth Prospects Improve (0)
• August 29, 2010 -- British Pound Pares Advance as UK Investments Falter, Euro Holds Steady Ahead Of US 2Q GDP (0)
• March 29, 2010 -- Euro, British Pound Dismiss Fundamental Developments as US Dollar Continues to Lose Ground (0)
• February 23, 2010 -- British Pound Weighed by Bank of England Testimony, Euro Gives Back as Risk Appetite Falters (0)