Europe Unlikely to Win US Agreement on Halting Euro&#39;s Surge
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European officials, blaming US deficits for a surge in the euro, are unlikely to persuade Treasury Secretary John Snow to help support the dollar when the Group of 20 finance ministers and central bankers meet in Berlin.
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With interest rates on hold, Thursday's European Central Bank meeting will draw scrutiny for President Jean-Claude Trichet's remarks on the euro amid speculation that the bank may intervene in currency markets to halt its rapid climb.
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BRUSSELS  - Europe stepped up verbal attacks on the United States over its yawning deficits but failed to arrest the euro&#39;s record-breaking, and economically damaging, rally against the dollar.
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Its plan may be flawed, but at least Europe is taking action. What is the US willing to do?
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A top European Union official Monday urged the United States to curb its deficits to help bolster the sagging dollar amid fears a strengthening euro would stifle Europe&#39;s fledgling economic recovery.
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The dollar is down, and a lot of the developed world is worried that this could mean the end of economic recoveries. In Europe, where the euro is routinely said to be setting new record highs, governments
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The standtstill in eurozone and UK interest rates, held at 4 per cent and 5.75 per cent respectively, failed to rally European equity markets on Thursday.
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Europe stepped up verbal attacks on the United States over its yawning deficits but failed to arrest the euro's record-breaking, and economically damaging, rally against the dollar.
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The dollar traded near a record low against the euro in Asia and erased a gain against the yen on speculation the US and Europe won&#39;t take measures to halt the currency&#39;s decline.
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Signs of shaky economies in France and Germany have sharpened worries about Europe's less-than-robust recovery &#151; and underscored the struggle to shake up regulation-clogged economies in countries that use the euro.
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With the euro hovering above $1.30 against the US dollar and the market consensus calling for even higher levels in the next 12 months or so, the likelihood of an economic slowdown in the eurozone next year ...
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The European Central Bank and euro zone finance ministers issued their starkest warning to date that they are unhappy with the euro&#39;s surge to record
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The euro fell against the dollar after its 1.2 percent rally in the past week sparked criticism from European Central Bank council member Guy Quaden, who said further gains ``would be undesirable.
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LONDON  - The euro wavered after failing to pierce the symbolic 1.30-dollar threshold, as eurozone officials expressed disquiet at the currency&#39;s rise to record highs against the greenback.
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The dollar slumped to a record low against the euro in Europe on expectations the region&#39;s leaders will fail to persuade the US to stem the slide in its currency when policy makers meet this weekend in Berlin.
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Alan Greenspan's suggestions offered little relief to those in Europe who worry that the U.S. is seeking to gain an advantage for its industries from a weaker currency.
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Can Europeâs economy stay on track even if the U.S. economy goes off the rails? This old question is being asked with new urgency across the Continent.