The European Central Bank's policymakers will act in a firm and timely manner to ensure that knock-on effects from higher oil prices do not appear, the ECB said in the editorial of its December bulletin.
The euro rose against the dollar and yen on Monday, as investors await that the Federal Reserve will lower interest rates Tuesday to boost the economy.
The dollar slipped against most major currencies on Monday, reversing some recent strong gains ahead of an expected U.S. interest rate cut by the Federal Reserve this week.
The euro rose against the yen and dollar on Thursday after the head of the European Central Bank, Jean Claude Trichet, reduced speculation of a rate cut, warning about inflationary pressure.
The euro rose against the dollar and the yen on Thursday after the European Central Bank left interest rates on hold but President Jean-Claude Trichet warned of strong upward pressure on inflation.
The dollar rose against major currencies on Wednesday after a U.S. government reports showed strong job growth, more factory orders and productivity gains.
The dollar plumbed record lows against major currencies on Friday and briefly got close to $1.50 to the euro as concerns about the U.S. economy rattled investors but Asian and European stocks advanced.
Mergers and acquisitions by Indian firms in Europe and the United States are expected to double in three years, a survey said on Friday.
A demand from European Union lawmakers to regulate how authors and composers receive cash for downloaded works has been rejected by the bloc's executive arm.
The European Commission will propose a shake-up of European telecoms rules on Tuesday that would give both Brussels and national regulators greater powers over the sector.
Britain must try to prevent a European Union satellite navigation system from going ahead until its costs, risks and benefits have been thoroughly assessed, lawmakers said on Monday.
The United States must change an Internet gambling law that discriminates against European companies by preventing them from offering services in the U.S. market, the European Union's top trade official said on Thursday.
The dollar teetered close to its all-time lows against the euro on Thursday as the market waited to see whether the European Central Bank would voice concern about the sharp rally in the single currency.
Asian stocks rose to a fresh life high on Monday as investors bet there will be a U.S. interest rate cut this week, which sent the dollar to a record low against the euro and a basket of major currencies.
This Tuesday, European Commission executive Franco Frattini proposed to create a "blue card" for the Union that would allow skilled labor from abroad to enter and settle in the member states easier than currently.
French Economy Minister Christine Lagarde said on Tuesday that G7 countries had asked China to accelerate the appreciation of the yuan, and said markets were beginning to hear the U.S. message on the strong dollar.
Microsoft told a South Korean court it wants to drop its appeal against a landmark antitrust ruling by the Korean Fair Trade Commission (KFTC), and the government agency said on Tuesday it was studying the decision.
The yen rallied from the previous day's two-month lows versus the euro and dollar on Tuesday, while the New Zealand dollar fell sharply as a sell-off in European equities underlined a diminished appetite for risk.
The dollar fell on Wednesday as concern crept back into the market that the Federal Reserve may cut interest rates again this year to prevent a weak housing sector from damaging the broader economy.
The dollar rose Monday on investor speculation that the U.S. economy may continue to show signs of strength and escape recession.
Worries about a U.S. economic downturn and its fallout across the world eased on Monday, lifting the dollar and Asian stocks although European shares took a breather after a five-session rally.
The dollar posted the biggest weekly gain against the euro in more than a month on signs the economy is weathering the housing slump.
