Search Results for: European Central Bank
Euro to Pound Sterling exchange rate slips
June 18th, 2020
While the Euro (EUR) outlook remains fairly appealing, the Euro to Pound Sterling (EUR/GBP) exchange rate slipped again today. A lack of fresh support for the Euro in recent sessions, combined with a recovering US Dollar (USD), made it ...
Euro hits 3-month high on Friday
June 5th, 2020
The euro jumped to a three-month high on Friday after the European Central Bank expanded its stimulus more than expected to prop up an economy dealing with its worst recession since World War Two. The ECB’s move supported appetite ...
Dollar slips against commodity currencies; the euro was down against the pound
April 23rd, 2020
The dollar slipped against the currencies of oil-producing states on Thursday, giving up earlier gains as a bounce in crude prices gave succour to markets shaken by the massive coronavirus-induced drop in demand. As Brent crude surged on signs ...
Business investment up to 25.8% in the euro area
April 9th, 2020
In the fourth quarter of 2019, before COVID-19 containment measures began to be widely introduced by Member States, the business investment rate was 25.8% in the euro area, compared with 23.7% in the previous quarter. The business profit share ...
Euro and US Dollar during COVID-19 outbreak: what’s happening to the currencies?
March 26th, 2020
The U.S. dollar has risen in comparison to other currencies this week. Despite recent steps taken by world central banks to alleviate market stress, the US dollar demand was boosted by worries about the economic fallout caused by the ...
The dollar fell against a broad range of currencies on Monday
March 16th, 2020
The dollar fell against a broad range of currencies on Monday after the U.S. Federal Reserve made another surprise interest rate cut and major central banks took steps to relieve a shortage of dollars in financial markets. The U.S. ...
Euro traders wait for ECB meeting, yuan drops on virus fears
January 23rd, 2020
The euro remained stuck in its recent trading range on Thursday before the European Central Bank’s meeting, while China’s yuan dropped on fears about the spread of a virus. Euro/dollar traded little changed at $1.1094. So did the dollar ...
Pound Sterling to Euro exchange rate jittery as UK public heads to the polls
December 12th, 2019
Fresh polls indicating a Conservative Party majority is uncertain came in yesterday, leading to fresh Sterling (GBP) jitters and knocking the Pound to Euro (GBP/EUR) exchange rate further away from its best levels. Despite the uncertainty though, investors have ...
The euro held near a 10-day low on Monday
November 25th, 2019
The euro held near a 10-day low on Monday after posting a weekly loss as investors remained cautious about the outlook for the euro zone economy in the near term. Though latest data showed business morale in Germany, Europe’s ...
Investors Update: Global stocks faced headwinds; Pound flirted with 2 1/2-year lows
September 3rd, 2019
Global stocks faced headwinds on Tuesday, stymied by U.S.-China trade frictions while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated he could call an election to block lawmakers’ efforts to avert a no-deal ...
