euro

Investors backing the US dollar were caught out last night after Ben Bernanke, chairman of the Federal Reserve, said stimulus measures are likely to remain in place in the US for some time.

The French economy has officially entered its third recession in four years after shrinking in the first quarter of 2013, data released today has revealed.

One of the German government's closest economic advisers has warned the euro has a "limited chance of survival" and may only last for another five years.

European markets ended Tuesday lower as concerns over Cyprus and uncertainty over the European debt crisis weighed on investor confidence.

John Taylor, founder of the $3bn FX Concepts fund, has predicted the pound will rally from here against the euro after its recent fall, as attention returns to the eurozone.

European bond and stock markets saw a sharp sell-off on Monday after a shock result from the Italian election, where no political group managed to win a majority vote.

Aberdeen Asset Management is to introduce hedged share classes on two of its bond funds in a move to reduce currency volatility.

The eurozone crisis is now over and investors must start adding cyclical risk back into their portfolios, according to Neptune's head of European equities Rob Burnett.

European leaders are set to announce a long-term deal that would see the EU budget cut, in real terms, for the first time since the European Union was created.

US treasury 10 year yields have climbed past 2% for the first time in nine months, as better than expected data in the US helped bolster risk asset sentiment.