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Page 4 - Euro

Euro falls below 99 cents hitting 20-year low on Russian gas halt concerns

The euro fell below 99 cents for the first time in nearly two decades, while sterling was on the ropes on Monday as Russia's halt on gas supply down its main pipeline to Europe sparked concerns

Euro falls below 99 cents hitting 20-year low on Russian gas halt concerns
Updated On : 06 Sep 2022 | 12:07 AM IST

Russia's closure of gas pipeline to Europe pushes euro towards new lows

The euro touched $0.9903 in early Asia, just above last month's trough of $0.99005. Sterling hit a 2-1/2-year low at $1.1458

Russia's closure of gas pipeline to Europe pushes euro towards new lows
Updated On : 05 Sep 2022 | 8:07 AM IST

Dollar sags below 20-year peak as euro reinvigorated by ECB bets

By comparison, bets for a 75 bps increase by the Fed on Sept. 21, while higher at 70%, have receded from as much as 75% on Monday

Dollar sags below 20-year peak as euro reinvigorated by ECB bets
Updated On : 30 Aug 2022 | 10:24 AM IST

Dollar holds firm against euro, sterling as Jerome Powell speech day dawns

The dollar held onto recent gains against the euro and sterling on Friday ahead of Federal Reserve Chair Jerome Powell's widely-anticipated speech, which traders hope will offer clues on the U.S. cent

Dollar holds firm against euro, sterling as Jerome Powell speech day dawns
Updated On : 26 Aug 2022 | 10:10 AM IST

Euro bounces back to parity with the dollar as investor sentiment improves

The euro briefly rebounded back above parity with the dollar on Thursday as the US currency's recent rally ran out of steam

Euro bounces back to parity with the dollar as investor sentiment improves
Updated On : 25 Aug 2022 | 7:40 PM IST

Euro slumps to two-decade lows against dollar as energy crisis bites

China's yuan weakened to a two-year low, while sterling briefly touched its weakest since March 2020.

Euro slumps to two-decade lows against dollar as energy crisis bites
Updated On : 23 Aug 2022 | 5:14 PM IST

Weaker German, French economic data compound energy and euro woes

The S&P flash composite PMI, which tracks manufacturing and services, showed that a downturn in Germany, Europe's biggest economy, deepened in August due to high inflation and rising interest rates.

Weaker German, French economic data compound energy and euro woes
Updated On : 23 Aug 2022 | 4:46 PM IST

Dollar steady, euro wallows at two-decade low on energy, growth woes

Heatwaves in the continent have already put a strain on energy supplies and worries are growing that any disruption during winter months could be devastating for business activity

Dollar steady, euro wallows at two-decade low on energy, growth woes
Updated On : 23 Aug 2022 | 9:13 AM IST

Euro again below parity versus dollar; gas supply crisis weighs

China's yuan dropped to its lowest in nearly two years after the central bank cut key lending rates.

Euro again below parity versus dollar; gas supply crisis weighs
Updated On : 22 Aug 2022 | 5:33 PM IST

Dollar firm vs Aussie, euro, Chinese yuan on heightened recession worries

The safe-haven U.S. dollar hovered near a one-week high on Tuesday while the Aussie, euro and Chinese yuan remained under pressure as weak global economic data reignited recession fears.

Dollar firm vs Aussie, euro, Chinese yuan on heightened recession worries
Updated On : 16 Aug 2022 | 9:17 AM IST

'Most vulnerable' emerging markets now face Euro recession risk

"Europe is far more vulnerable at this stage, so it's reasonable to assume that the central and eastern currencies will underperform, especially if euro-dollar falls," said Piotr Matys

'Most vulnerable' emerging markets now face Euro recession risk
Updated On : 07 Aug 2022 | 11:07 PM IST

Dollar edges higher as investors turn attention to key US jobs data report

The U.S. dollar index, which measures the greenback against a basket of currencies, was up 0.22% to 105.93, after sliding 0.68% on Thursday, the largest fall since July 19.

Dollar edges higher as investors turn attention to key US jobs data report
Updated On : 05 Aug 2022 | 6:11 PM IST

Inflation hits record 8.9% in 19 countries using euro amid Ukraine conflict

Inflation in the European countries using the euro currency shot up to another record in July, pushed by higher energy prices driven partly by Russia's war in Ukraine. Annual inflation in the eurozone's 19 countries rose to 8.9% in July, an increase from 8.6% in June, according to the latest numbers published Friday by the European Union statistics agency. Inflation has been running at its highest level since 1997, when record-keeping for the euro began. Energy prices surged by 39.7%, while food prices rose by 9.8% and other goods by 4.5%.

Inflation hits record 8.9% in 19 countries using euro amid Ukraine conflict
Updated On : 29 Jul 2022 | 4:02 PM IST

Euro fragile following a cut in Russian gas supply and a looming Fed hike

Euro nursed losses on Wednesday after its sharpest drop in two weeks, as a cut in Russian gas supply sent energy prices soaring, while the dollar held ground ahead of an expected Fed hike.

Euro fragile following a cut in Russian gas supply and a looming Fed hike
Updated On : 27 Jul 2022 | 12:14 PM IST

Rupee strengthened against all major currencies other than dollar: CEA

He added that unlike earlier crises, the depreciation of the rupee against the US dollar was lower than other major global currencies such as the Swiss Franc, the Euro, the British pound and the Yen

Rupee strengthened against all major currencies other than dollar: CEA
Updated On : 23 Jul 2022 | 12:09 PM IST

Dollar edges down vs euro as traders eye ECB's rate decision on Thursday

NEW YORK (Reuters) -The U.S. dollar edged lower against the euro on Wednesday in a choppy session, but its losses were capped as traders were hesitant to drive big moves ahead of a crucial European Central Bank policy decision on Thursday.

Dollar edges down vs euro as traders eye ECB's rate decision on Thursday
Updated On : 20 Jul 2022 | 7:58 PM IST

Why the rupee at 80 against the US dollar may not be bad news?

Exchange rate of the rupee fell to Rs 79 per US dollar this week. Rupee also strengthened against G10 currencies like euro, yen and pound sterling. Find out the virtues and vices of depreciating rupee

Why the rupee at 80 against the US dollar may not be bad news?
Updated On : 20 Jul 2022 | 7:00 AM IST

No need to be 'overtly' worried about fall in rupee: DEA Secretary

The Indian currency, he said, has appreciated against several global currencies like British Pound, Japanese Yen and Euro.

No need to be 'overtly' worried about fall in rupee: DEA Secretary
Updated On : 19 Jul 2022 | 7:58 PM IST

Euro rallies after report that bigger ECB rate hike is on the cards

The euro rose to as high as $1.0254, up 1.1% on the day and its strongest since July 6 as money markets priced in a 60% chance of a 50 basis point hike on Thursday, up from 25% on Monday.

Euro rallies after report that bigger ECB rate hike is on the cards
Updated On : 19 Jul 2022 | 3:25 PM IST

Euro at one-week high, rowback in Fed rate hike bets knocks dollar

The comments late last week knocked the dollar off two-decade highs and boosted global stocks and non-dollar currencies, especially the euro.

Euro at one-week high, rowback in Fed rate hike bets knocks dollar
Updated On : 18 Jul 2022 | 7:44 PM IST