15 hrs, 59 mins ago - (RTTNews) - The Eurozone economy grew more than expected in the first quarter of 2008, boosted by robust expansion in Germany. Additionally a separate report showed that inflationary pressures eased in April. These data raise the likelihood of Eurozone interest rates remaining on hold for sometime. Thursday, a flash estimate from the [...] Read More

May 15th, 2008 - EURO The euro gained marginal ground vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.5545 level and was supported around the $1.5450 level. Technically, today’s intraday low was right around the 23.6% retracement of the move from $1.6020 to $1.5280. Many data were released in the U.S. today. [...] Read More - By: GCI Financial