Page 6 - Euro

Euro slumps to two-decade low, oil tumbles as recession fears intensify

The euro sank on Tuesday to its weakest level against the dollar in almost 20 years while oil futures tumbled and bond prices rose as investors sought safety

Euro slumps to two-decade low against US dollar as recession fears bite

The euro slumped to a two-decade low on Tuesday as the latest surge in European gas prices added to worries about a recession

US dollar weakens against euro, sterling in quiet trading session

By Joice Alves

Euro up from two-week low, dollar drops ahead of euro zone price data

The dollar, which had been buoyed by safe-haven flows against the euro, last fell 0.305% to 104.720

Euro under pressure as inflation fears send investors to dollar haven

The euro was at $1.044, after losing 0.75% on the dollar the day before, and heading for a monthly decline of 2.7%

Euro below $1.06 as Christine Lagarde keeps July policy options open

Oil prices are up 10% in barely a week on supply constraint concerns with Brent crude holding above $117, pushing the Canadian dollar and the Australian dollar up 0.3% and 0.4% respectively

Dollar up, euro down as ECB's Lagarde keeps July policy options open

The ECB is widely expected to follow its global peers by raising interest rates in July to try to check soaring inflation though economists are divided on the magnitude of any rate hike.

Euro holds below $1.06 as ECB's Lagarde sticks to policy outlook script

Oil prices are up 10% in barely a week on supply constraint concerns with Brent crude holding near $117 levels pushing Canadian and Australian dollar up 0.3% and 0.4% respectively versus the greenback

Euro weakens, US dollar soars, Swiss cut rates in global currency wars

Central bankers are vying to boost domestic buying power at the expense of exporters

Euro rises despite French elections outcome as dollar retreats

Analysts and traders shrugged off the election results, with the euro rising 0.2% against the dollar to $1.05155

Only 58% of global reserves are now in USD. Can the renminbi replace it?

While more reserves are now held in the renminbi, it is still less than one-fourth of the total shift away from the dollar, that too mostly by Russia

European stocks, euro slip as ECB set to join rate hike club from July

European stocks have taken a dip alongisde the currency as ECB sets in to join the rate hike club like many others, say reports

Europe's central bank to hike rates in July to tame prices, 1st in 11 years

The bank is making a sharp turn from supporting the economy during the COVID-19 pandemic to squelching inflation that has hit record levels in the 19 countries that use the euro.

Euro edges higher as risk appetite picks up, focus on ECB policy meeting

Markets, which have already priced in several ECB rate increases and the end of bond-buying stimulus, want more clarity on what comes after.

Asia shares brace for US inflation, euro gains on yen on ECB bets

Asian shares made a muted start as caution gripped ahead of a critical reading on US inflation, while the euro gained on the yen amid wagers the ECB will take a major step toward policy tightening

Bruised dollar hits 1-month low; Lagarde's negative rate hint boosts euro

Against a basket of its rivals, the dollar fell 0.3% to 101.79, its lowest level since April 26

Euro soars after Lagarde points to rate hikes, dollar extends slide

The euro was the big gainer, adding as much as 1.1% to $1.0687. It has now risen 3.3% since hitting a multi-year low of $1.0349 on May 13.

Dollar approaches 20-year highs, US Federal Reserve meeting in focus

The Fed has taken an increasingly aggressive approach to monetary policy as it tackles inflation that is soaring at its fastest pace in 40 years

US Dollar rises towards 20-year high, euro dips after weak data

Markets are pricing in an aggressive run of rate hikes from the Fed as it tries to tame soaring inflation

Inflation hits record high of 7.4% in 19 countries using euro: Eurostat

Annual inflation hit 7.5% for April, the highest since statistics started in 1997 and the sixth record in a row, topping the old record of 7.4% from March