Dec 20, 2021 09:45 AM IST
The euro sank with the British pound after the Netherlands went into lockdown on December 19 and Britain's health minister declined to rule out the chance of further restrictions before Christmas amid the rapid spread of the Omicron coronavirus variant
- Nov 22, 2021 07:13 AM IST
The greenback was near its strongest since early October against the riskier Australian and Canadian dollars, with the commodity-linked currencies also pressured by a slump in crude oil.
- Oct 29, 2021 09:15 PM IST
Volatility in the foreign exchange and the interest rate markets has increased during the week as they tried to digest central bank actions and economic reports.
- Jul 12, 2021 08:58 AM IST
England vs Italy Euro 2020: The English supporters apparently could not digest the fact that Italy won the European Championship in a 3-2 penalty shootout, after a match that ended 1-1 after extra time.
- Jul 02, 2021 02:30 PM IST
Marco Van Basten’s stunning volley in the 1988 final was a result of the striker being too weary to trap the ball and deal with lurking defenders.
- Jun 11, 2021 12:01 PM IST
Euro 2020: Key players like Thomas Müller, Frenkie de Jong, Rúben Dias may set your pulse racing and your passions afire when match action begins
- Jun 11, 2021 11:24 AM IST
Euro 2020 begins today: 24 teams will compete over a month, but only one will be crowned the football champion of Europe.
- Jun 03, 2021 08:53 PM IST
Russia long has moved to reduce the dollar's share in its hard currency reserves as it has faced waves of U.S. sanctions amid tensions with Washington and its allies.
- Sep 11, 2020 05:13 PM IST
A strong euro means Europe’s products become more expensive for customers who pay in other currencies, putting them at a disadvantage against foreign rivals
- Jun 03, 2020 12:40 PM IST
Renault said that the credit facility carried a guarantee from the French state - which owns a 15% stake in Renault - of up to 90% of the total amount borrowed.
- Feb 24, 2020 05:29 PM IST
The Dollar index gave away gains for the first time after three consecutive daily advances, coming under some selling pressure and closing the week at 99.26.
- Feb 03, 2020 09:03 AM IST
Euro zone inflation has undershot European Central Bank's target of almost 2 percent for seven years. Some academics argue that the nature of inflation has perhaps changed, making super-low consumer price growth the new norm
- Jan 29, 2020 04:16 PM IST
The greenback simultaneously opened at a 6-week high of 97.81 and has managed to stay above 98 levels. However, the US dollar still remains undermined by the growing impact and concerns over the virus outbreak in China.
- Jan 21, 2020 04:59 PM IST
At the start of this week’s trade, the EUR/USD pair refreshed its monthly lows but managed to make a modest recovery in Monday’s session. The greenback managed to maintain its last week's gains due to the better-than-expected US economic data.
- Sep 02, 2019 01:26 PM IST
With US markets shut for a holiday on September 2, though, investors remained on the sidelines while looking to see what expansionary policies the European Central Bank and the US Federal Reserve could unveil this month.
- Aug 09, 2019 07:00 PM IST
The reserves had touched a life-time high of $430.376 billion in the week to July 19, 2019.
- Aug 06, 2019 11:47 AM IST
The Yuan has broken a key psychological level and unless the PBoC chooses the stability of capital markets over the pain in the real economy as a result of tariffs, moves lower in USD/CNH are likely to be short-lived.
- Jun 12, 2019 09:11 PM IST
Since Trump took office in early 2017 the index, which measures the euro's weighted average against a basket of the bloc's 19 main trading partners, has risen 4%.
- Jun 04, 2019 09:40 PM IST
The souring of ties between the world's two largest economies will indicate the extent to which China can switch some of its giant reserve holdings to another hard currency and also point to the limitations the euro zone faces in providing a viable alternative.
- May 06, 2019 12:59 PM IST
Global equity markets fell, with China’s main indexes down five percent, while Treasuries rallied after Trump said tariffs on $200 billion of goods would rise on Friday to 25 percent from 10 percent.
- Apr 29, 2019 02:45 PM IST
Sentiment slipped to 104.0 points in April from 105.6 in March, the European Commission said on April 29, marking the lowest level since September 2016.
- Apr 01, 2019 12:41 PM IST
Repeating the ECB standard line on uncertainty, she added that the threat of protectionism and Brexit are also weighing on sentiment and thus on growth and inflation.
- Jan 21, 2019 03:33 PM IST
The major challenge came from the 2008 crisis which saw the euro depreciating to near parity against US dollar by 2014.
- Nov 20, 2017 08:18 AM IST
Merkel said on Monday she would meet the German president to inform him that she had failed to form a coalition government with the Greens and the pro-business Free Democrats (FDP).
- Sep 11, 2017 06:11 PM IST
RBI might continue to intervene in the market to prevent appreciation that can cause incremental damage to the economy.