Category: Euro

Euro hits six-month dollar high, as oil continues to soar – ArabianBusiness.com – Euro

ArabianBusiness.com Euro hits six-month dollar high, as oil continues to soarArabianBusiness.comOil prices gained further Tuesday, boosting energy companies’ shares, after Russia and Saudi Arabia indicated they could extend an output cut into next year, while the euro struck a six-month dollar high. The world’s top two crude-producing nations … and more » Source link

CITY OF LONDON: No case for shifting euro clearing after Brexit – Markets Insider – Euro

City A.M. CITY OF LONDON: No case for shifting euro clearing after BrexitMarkets InsiderLONDON, May 16 (Reuters) – London is good at clearing euro-denominated derivatives deals and there is no case to shift the business to the continent after Brexit, the policy chief for Britain’s financial sector said on Tuesday. The combative stance of …City lobby…

Euro Climbs Against Most MajorsLondon South East (registration) (blog)Reversing from an early low of 123.62 against the yen, the euro advanced to a 4-day high of 124.13. The euro edged up to 1.0950 against the Swiss franc, off its early low of 1.0928. The next possible resistance for the euro is seen around 1.12 against…

Arab News ‘Risks to euro zone economy still not balanced’Arab NewsDUBLIN: Risks to the euro zone economy are still not balanced and the European Central Bank (ECB) needs to see evidence that wage pressures are feeding into inflation before it shifts its policy stance, Philip Lane, a member of the bank’s governing …Euro shrugs off…

Euro zone recovery, Macron win give ECB chance to consider unwinding policy – Reuters – Euro

Reuters Euro zone recovery, Macron win give ECB chance to consider unwinding policyReuters“The strengthening economic development in the euro zone and the robust outlook make a normalization (of monetary policy) conceivable,” Weidmann said at a meeting of the financial leaders of seven leading world economies in Bari, Italy. But he said a … and more »…

DailyFX Euro Lacks Material Shift in PositioningDailyFXEURUSD: Retail trader data shows 35.5% of traders are net-long with the ratio of traders short to long at 1.82 to 1. In fact, traders have remained net-short since Apr 18 when EURUSD traded near 1.06042; price has moved 3.0% higher since then. and more » Source link

Pound to euro exchange rate hits one-week low after BoE leave interest rates unchanged – Daily Star – Euro

Daily Star Pound to euro exchange rate hits one-week low after BoE leave interest rates unchangedDaily StarBut the pound to euro exchange rate plummeted suddenly as the Bank of England’s policy meeting kicked-off at 12pm yesterday. The exchange rate dropped to a low of €1.18493 to the pound after Bank of England announced it will…

Euro dodges new crisis with Macron win, but needs fixes – News-Herald.com – Euro

News-Herald.com Euro dodges new crisis with Macron win, but needs fixesNews-Herald.comVitor Rodrigues picks up a book titled “Vencer o Medo,” or “To Defeat Fear,” by union leader Manuel Carvalho da Silva, while posing for photos at his bookshop in Lisbon. Rodrigues remembers when they told him in the 1990s that the euro would bring … and…

POUND LIVE: sterling hits €1.19 as ECB makes shock unemployment announcement – Express.co.uk – Euro

Express.co.uk POUND LIVE: sterling hits €1.19 as ECB makes shock unemployment announcementExpress.co.ukIs the Pound ready for a rocketing resurgence? The signs are pointing to a bounce back of mega proportions. No the Euro is absolutely fine and not overvalued at all. 12.4K voters. shares. likes. 9.38am BST Paresh Davdra, CEO and Co-Founder of … and…

EU watchdog urges tougher euro clearing oversight after Brexit – Reuters – Euro

Reuters EU watchdog urges tougher euro clearing oversight after BrexitReutersLONDON A draft European Union law on tightening supervision of euro clearing houses in Britain after Brexit would better protect the bloc’s financial system, a top EU markets regulator said. The London Stock Exchange’s (LSE.L) LCH clears the bulk of … and more » Source link