Q:

How do you stay informed on the current euro rate?

A:

Quick Answer

Stay informed about the current euro rate by keeping up with key factors that affect currency valuations at Reuters.com. Follow the euro's valuation relative to other major currencies such as the U.S. dollar and Japanese yen at DailyFX.com.

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Full Answer

Some major factors that affect a currency's valuation include inflation and interest rates, a nation's balance of payments, debt, terms of trade, political stability and economic performance. At Reuters.com, click the Markets tab near the top of the page, and then click European Markets or Currencies for news related to inflation, interest rates and market performance. Click the World tab, and then click Euro Zone for articles related to many of the factors affecting the euro.

At DailyFX.com, hover the mouse over the Forex Market News tab, and then click EUR/USD to display a chart depicting the euro's valuation relative to the U.S. dollar. Scroll down and read articles listed beneath the Euro Dollar News heading for news and insights related to the euro. For insights more related to technical analysis, click the Technical Analysis tab, and then click Articles or Technical Analysis. After clicking Technical Analysis, click the View Outlook link on the right of the EUR/USD or EUR/JPY listings for charts and detailed technical analysis.

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