Tag: Euro

The sterling gained ground against both the U.S dollar and the euro on Thursday as investors' focus remained firmly on the global economy and its effects on the U.S. Federal Reserve's upcoming interest rates decisions. At midday, the British pound was up 0.42% against the...

S&P Global's flash Composite Purchasing Managers' Index (PMI) for the 20 countries that use the euro showed that euro zone business activity has strengthened over the past month. By expanding at a faster pace than predicted, evidence is increasingly suggesting that the European Union...

The dollar continued to hover around a five-week high against a range of major currencies on Monday as investors expect the Federal Reserve to continue its tight monetary policy for longer than was previously expected. Among those currencies that the dollar performed notably well against...

The U.S. dollar fell to a seven-month low against a basket of major currencies on Monday while the euro and the Japanese yen appear to be strengthening. Investors are now awaiting the Bank of Japan's latest moves with regard to its yield control policy. While...

Both the U.S. dollar and the euro held firm on Wednesday as investors assess the latest statements from the European Central Bank (ECB) while awaiting the release of key U.S. inflation data. French ECB policymaker Francois Villeroy de Galhau stated on Wednesday that interest rate...

The euro hit a 20-year low on Monday, plummeting below $0.99 as natural gas prices soar to new highs. This comes after Russia halted gas supplies via its main pipeline to Europe, the Nord Stream pipeline. While the Nord Stream was already operating at a...