The Independent News and Data Provider

Euro's Weakness Under the Spotlight at ECB

  • Written by James Skinner

The Euro to Dollar exchange rate's July slide was cited by the European Central Bank as a key influence on its thinking about inflation this week and as a driver of its decision to call time on the era of negative interest rates with a larger than expected increase in its main benchmarks for borrowing costs.

Read more ...

Euro Boosted as ECB Wins Over a Sceptic Market

  • Written by James Skinner and Gary Howes

 

The Euro to Dollar rate rose on Thursday, lifting other many currencies along the way after the European Central Bank (ECB) appeared to convince a sceptic market that it can bring down inflation by lifting Eurozone interest rates without driving the Euro Area's more fragile economies toward wreck or ruin. 

Read more ...

Euro Falls Below Parity

  • Written by Gary Howes

Euro falls below parity

The Euro to Dollar exchange rate has fallen below parity amidst a surge in Dollar demand and the capitulation of buy orders around 1.0.

Read more ...