2 days, 1 hr ago - (RTTNews) - Eurozone producer price inflation accelerated more than expected in May amid the energy price surge. Wednesday, the Eurostat announced that producer prices rose at a pace of 1.2% month-on-month in May, faster than the 0.9% expected by analysts. April’s growth was revised up to 0.9% from the initial estimate of 0.8%. The annual [...] Read More

June 25th, 2008 - EURO The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.5620 level and was supported around the $1.5490 level. The common currency erased some of yesterday’s losses as traders reacted to a move higher in August crude oil futures to an all-time high of US$ 138.75 [...] Read More - By: GCI Financial