Greenback Moves Higher Against Euro [EUR/USD]

Greenback Moves Higher Against Euro [EUR/USD]
The greenback surged to a two-day high against the euro with a mid-morning rally. The greenback had moved lower in early morning befor ereversing its trend at around 5 a.m. ET. The buck rose sharply at around 10 a.m. ET and has moved to 1.4722 against its European counterpart.

European Markets Rise, Led By Banks, Miners - European Commentary []
The European markets rose on Friday, as banking stocks gained on investor speculation that the recent sell-off in the sector may be overdone and mining stocks surged up on rising metal prices and hopes of further consolidation in the sector.

European Markets Fall, Led By Commodities, Techs - European Commentary []
The European markets fell on Tuesday, as mining and technology stocks declined on concern about a slowdown in the U.S. economy and heavily weighted energy stocks slipped on falling crude oil prices.

European Markets Rise, Led By Miners, Oils - European Commentary []
The European markets rose on Thursday, as mining stocks rallied on hopes of further sector consolidation as well as rising metal prices and heavily weighted energy stocks rose after crude oil prices climbed.

European Markets Rise, Led By Drugmakers - European Commentary []
The European markets rose on Thursday, helped by a rally among pharmaceutical stocks following a broker upgrade of the sector. Air France-KLM led airline stocks higher after reporting forecast-beating second quarter earnings.

European Markets Rise On Bernanke Comments - European Commentary []
The European markets rose for the third consecutive day on Friday after U.S. Federal Reserve Chairman Ben Bernanke signaled that further interest rate cuts are on the way.