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Feb 20, 2015

Euro gains on agreement to extend Greece’s bailout package

NEW YORK, Feb 20 (Reuters) – The euro gained against the
U.S. dollar on Friday after euro zone ministers agreed to extend
Greece’s financial rescue package by four months.

The agreement removed the immediate threat that Greece could
run out of money next month and be forced out of the single
currency area. The new leftist-led Athens government now can try
to negotiate longer-term debt relief with official creditors.

Feb 20, 2015

Euro falls before Greek talks

NEW YORK (Reuters) – The euro fell against the U.S. dollar for a third consecutive session on Friday as traders remained cautious before a meeting later in the day on Greece’s request for a six-month loan extension.

The euro traded 0.62 percent lower against the dollar at $1.1294 EUR=, down from Thursday’s high of $1.1450. It has largely stuck to a $1.1269-1.1450 range this week.

Feb 17, 2015

Euro gains on rising hopes of Greek debt deal

NEW YORK (Reuters) – The euro gained against the U.S. dollar on Tuesday on rising hopes that Greece will find common ground with its euro zone partners for support beyond its current bailout program.

Athens rejected a proposal to request a six-month extension of its international bailout on Monday as “unacceptable.”

Feb 17, 2015

Euro rises, shrugs off collapse in Greek debt talks

NEW YORK, Feb 17 (Reuters) – The euro recovered from initial
losses on Tuesday, helped by a bounce in German investor
sentiment and hopes that Greece will find a common ground with
its euro zone partners for support beyond its current bailout
program.

Earlier, the euro weakened after a collapse in talks to
secure a new debt deal for Greece raised doubts about the
country’s future in the euro zone. Athens rejected a proposal to
request a six-month extension of its international bailout as
“unacceptable.”

Nov 28, 2014

Dollar gains as oil slide stirs disinflation fears

NEW YORK, Nov 28 (Reuters) – The dollar gained on Friday as
sliding oil prices stirred disinflation fears in the euro zone
and Japan, while investors also looked ahead to a heavy week of
central bank meetings and the U.S. monthly employment report.

U.S. crude fell 10 percent on Friday on OPEC’s
decision not to cut output, settling at $66.15 a barrel.

Nov 28, 2014

Dollar gains as oil slide increases disinflation fears

NEW YORK, Nov 28 (Reuters) – The dollar gained on Friday as
low oil prices added to disinflation fears in the euro zone and
Japan, while investors also looked ahead to a heavy week of
central bank meetings and the U.S. monthly employment report.

Annual consumer inflation in the euro zone cooled to a
five-year low as energy prices fell, suggesting deflation
remains a real threat for the European Central Bank.
Japan’s annual core consumer inflation also
slowed for a third straight month in October.

Nov 28, 2014

Dollar gains from oil slide, deflation in Europe and Japan

NEW YORK, Nov 28 (Reuters) – The dollar gained on Friday as
concerns about continuing low oil prices added to deflation
fears in the euro zone and Japan, while conversely boosting
expectations that cheaper oil will help stimulate U.S. consumer
spending.

Annual inflation in the euro zone cooled to 0.3 percent in
November, marking a return to September’s five-year low for
consumer inflation, as energy prices fell, suggesting deflation
remains a real threat for the European Central Bank.

Nov 21, 2014

Euro drops as Draghi raises stimulus hopes

NEW YORK, Nov 21 (Reuters) – The euro fell sharply on Friday
after European Central Bank chief Mario Draghi said inflation
expectations were declining to levels that were very low,
keeping the door open for further monetary easing soon.

The euro fell 1 percent to $1.2413 and tumbled 1.32
percent against the yen to 146.27 yen.

Nov 20, 2014

Dollar rally pauses, further yen weakness seen

NEW YORK, Nov 20 (Reuters) – The U.S. dollar dipped from a
seven-year high against the yen on Thursday as stocks gained,
pausing a rally that has sent the greenback up by almost 10
percent in three weeks, though many see the U.S. currency on
track for further gains.

The yen has weakened since the Bank of Japan last month
shocked markets with further monetary easing. The dollar rose as
high as 118.96 yen in overnight trading, the highest
since August 2007, and last traded at 118.01 yen.

Nov 19, 2014

Dollar reaches seven-year highs against yen

NEW YORK, Nov 19 (Reuters) – The dollar rose to seven-year
highs against the Japanese yen on Wednesday after the Federal
Reserve meeting released minutes contained no big surprises to
make investors change their bets that the U.S. economy will keep
strengthening.

Fed policy makers wrestled with whether to nod to financial
market volatility and a weakening global economy in their
statement last month, but opted not to.