single-currency

Those rallies largely have come on optimism that Europe will find a way to save the single-currency zone from collapse.

Oil Edges Higher as Traders Await Euro-Zone Cues Dan Strumpf 2011

In foreign currency markets, the euro edged modestly higher against the U.S. dollar on short-covering though sentiment on the single-currency remained bearish as European bond yields remained uncomfortably high amid contagion concerns.

Asian Stocks Fall on Europe John Phillips 2011

Successful single-currency systems across the world had common features, including a central bank that can comprehensively stand behind the currency and financial system, deep economic integration and a system of fiscal transfers and collective debt issuance, he said.

U.K. Leader Backs Broad Trade Deals Nicholas Winning 2012

The mounting debt problems of Spain and other fiscally frail countries are at the core of the euro-zone crisis that brought a downgrade Friday from Standard & Poor's on nine out of the 17 members of the single-currency union.

Madrid to Curb Spending by Powerful Regions Jonathan House 2012

But Europe's biggest economy wants the single-currency bloc to send a united, reassuring signal to financial markets about its banks.

Merkel Presses Euro Zone on Plan to Boost Bank Reserves Marcus Walker 2011

In foreign exchange markets the euro traded in a range against the U.S. dollar and Japanese yen, with investors hesitant to make bets on the single-currency before year-end amid continued uncertainty over the outlook for the euro-zone.

Asian Shares Rise John Phillips 2011

Ms. Merkel in a speech to Germany's parliament on Friday said the current European Union treaty, known as the Lisbon Treaty, "offers no effective foundation" for the single-currency zone in the longer term.

Support Grows for New EU Treaty to Boost Fiscal Ties in Euro Zone Ainsley Thomson 2011

As in previous months, the highest jobless rates were recorded in the member states at the heart of the debt crisis, such as Spain and Ireland, suggesting they will remain a drag on growth in the single-currency area as larger nations like Germany and France forge ahead.

Pressure Builds on ECB Rate Setters Nicholas Winning 2011

In foreign exchange markets the euro was roughly steady against the U.S. dollar as investors were hesitant to push the single-currency further up following three consecutive days of gains against the greenback, and ahead of key debt talks between the Greek government and private sector representatives.

Asia Climbs as Mood Improves John Phillips 2012

In foreign exchange markets the euro was lower against the U.S. dollar as investors were hesitant to make big bets on the single-currency ahead of this week's European summit.

Asian Shares Edge Down John Phillips 2011