The bank’s package of measures received a tepid response from investors and economists.

"The U.S. Finance Ministry is deliberately pressuring the dollar and wants to keep it low," Nowotny said.

Recovering from early losses, the rupee ended marginally higher at 64.81 against the US dollar by gaining one paisa due to fag-end selling ...

Traders who are long, should cut their exposure as the momentum, at least for the short term has shifted downwards.

ECB chief's efforts aimed at steering the central bank's balance sheet towards the $2.7-trillion mark.

He said low interest rates were without doubt the proper response to massive under-utilisation of capacity in both Europe and the United St...

61.30 is acting as a solid support as its been held for past few sessions while the downside for the Rupee looks capped at 61.82 levels (Ho...

The euro rose after Nowotny's comments, gaining 0.3 percent against the US dollar to $1.3310.

Central bankers gathered at an annual retreat in Jackson Hole, Wyoming, this weekend had a message for political leaders: monetary policy a...

The Basel committee will release more details on the capital buffers "around the end of July," the group said in its statement.

When Bernanke convenes his press conference next week, he may emphasise a point the markets seem to have forgotten: He’s serious about keep...

Top international bankers and investors head to Vienna later this week for roundtable discussions on European financial integration and Eur...

A European bailout pledge has helped defuse the Greek financial crisis and should prevent Greece from becoming a target for market speculat...

The eurozone's new year heralds a debt crisis that has alarm bells ringing and markets tracking government plans to tame the growing shortf...

German investor confidence unexpectedly rose for a second month in December after the European Central Bank cut interest rates by an unprec...

Austria will likely enter a recession next year as the global economic downturn intensifies.

European Central Bank directors fueled expectations of another interest rate cut soon to counter a recession in the 15-nation eurozone.