Sentences with phrase «currency against the euro»

That downward pressure prompted the Swiss National Bank last week to abandon its effort to cap the value of its currency against the euro.

Not exact matches

Dollar bulls in London took advantage of the holiday in most of the rest of Europe to push the currency to almost $ 1.20 per euro and helped it make good ground against the Swiss franc and the data - dented pound.
All things being equal, the euro will weaken against the U.S. dollar and perhaps other currencies.
The euro, which in the aftermath of January's meeting rose to a new three - year high, started the year surging against other currencies, including the U.S. dollar, as the region's economy improved and political risks dissipated.
In view of this, it is puzzling that these countries complained about «currency wars,» alleging that the «monetary tsunami» unleashed by the U.S. and the euro area was threatening their competitive positions by pulling up their currencies, when, in fact, the real and the rupeewere falling against the dollar and the euro.
Although Bernanke denies it, the Fed's money - printing naturally depressed the value of the greenback against other important currencies, such as the euro and yen.
Remember, currencies with less float will move more on a given increase in demand, so a little bit of euro selling against these other currencies could go a long way.
GLG's Henry Dixon also highlighted to CNBC that on a purchasing power parity basis - which evaluates a currency's theoretical equilibrium versus other currencies based on the price of a basket of goods - the British pound looks very cheap against the U.S. dollar and «fractionally» cheap against the euro.
Earlier the euro zone common currency had fallen to a session low against the dollar and yen on speculation that some large German banks could be asked to split their investment banking operations, driving European shares lower.
Faced with a seemingly unstoppable currency, the Swiss have been holding the franc to a floor against the euro since last fall.
If the peg doesn't hold, and the Swissie becomes not just a safe haven but a strengthening one as as well, investors would likely sell euros against the Swiss franc, intensifying the pressure on the common currency.
The dollar was mixed Friday, higher against the euro and many other currencies but lower against the yen.
The peg, which was introduced in Sept. 2011, was an attempt to halt the rise of the franc — a traditional haven currency for investors — against the euro at a time when the eurozone debt crisis was at its height.
The euro and the yen both fell more than 20 % against the U.S. currency over the past year.
Renewed confidence in the European economy and persistent weakness in the dollar have driven the euro up 16 percent against the U.S. currency from the first quarter last year to the end of March 2018.
The value of one bitcoin fluctuates against other currencies in the same way the euro's value fluctuates against the dollar.
The dollar index against the world's major currencies is at a four month high with the interest rate gap set to widen between the dollar and euro - zone as the US Federal Reserve plans several more rate hikes this year.
The Canadian dollar has appreciated against the U.S. dollar by an amount similar to that of the currencies of two major commodity importers, Japan and the euro area (Chart 8).
It has weathered the storm of Greece, Ireland and Spain's financial woes but with the possibility of the UK leaving the single market, the US dollar strengthening against the euro and further political situations unravelling, the currency is at risk.
The franc has weakened to 1.20 against the euro for the first time since the Swiss National Bank ditched its cap on the currency in January 2015.
The currency, the world's worst performer against the euro in the past month with a 4.2 percent decline, reached a record - low 324.24 on Jan. 5.
Users of the Abra mobile app can now exchange all of these currencies against every other currency supported by the platform, including US dollars, euros, Bitcoin, Zcash, and so forth.
Even though the dollar has raced to 14 - year highs against a basket of currencies in the wake of the Fed meeting, only a slim majority - 52 percent of poll participants who expressed a view - thought the euro / dollar exchange rate would break below parity in 2017.
Finally, I suspect many investors will use these hedged international stock funds out of a belief that they know how the dollar will do against currencies like the euro.
The euro may be languishing now, but it could well rebound substantially over the course of a typical five - or seven - year corporate bond term, especially against emerging markets currencies that are on slippery footing themselves.
The Australian dollar was steadier in trade - weighted terms and, indeed, it rose against some currencies, including the euro, during this period.
Using the European Currency Unit (the precursor to the euro) as a proxy, the bilateral exchange rate against the euro area was the lowest since 1992, when it reached the equivalent of 1.45.
While there has been a substantial scaling back in speculative short positions against the US currency in recent months, especially vis - à - vis the euro, there is little sign that long positions in the Australian dollar have been trimmed.
Despite the fact that sterling has given that weakened against the dollar, the currency market place volatility has ongoing this yr, notably with the Swiss franc and the euro.
The single currency dropped 1.1 % against the dollar Thursday after data showed that inflation in the euro zone fell to a near four - year low in October.
When the dollar rises against the euro and other currencies, so does the riyal.
I think the Fed will deliver an upbeat outlook on the economy and the dollar will surge, especially against weaker currencies like the euro.
During the trading session, the euro also made advances against the Japanese currency and reached a four - week peak of 104.50 yen.
While the Australian dollar has appreciated more than some of these other currencies, the additional appreciation is not that large (see Graph 24), and, as noted above, the Australian dollar remains below average levels against currencies such as the euro and yen.
The fall of the US dollar has been particularly marked against the euro and some other European currencies.
The appreciation of the Australian dollar has been less marked against the euro, and the currencies of a number of countries that Australia competes with in international markets.
The local currency was up by 8 per cent against the US dollar and about 7 per cent against the euro but flat against the Japanese yen.
The currencies of most other developed countries have also appreciated substantially against the US dollar in recent months, as they have generally tended to move in line with the euro.
This sentiment was most noticeable in currency markets, where the euro continued to move higher against many other major currencies.
It could cause the euro to rise in value against other currencies, potentially hurting exporters, and it could bring higher returns on savings as well as stiffer borrowing costs for indebted governments in the 19 - country eurozone.
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The euro was the star of the major currencies in January, as it soared to a 14 - month high against the dollar and a 33 - month high against the Japanese yen.
As is the yen, which is typically seen as a safe haven currency and is trading higher against the euro and pound today.
The dollar was marked lower against the euro and the yen, falling 1 percent against the European currency.
They are long major stock markets, junk bonds and emerging - market debt, and they are short the dollar against the euro and against commodity - based currencies.
Business for Sterling mobilised vast numbers of businesspeople against the single currency, neutralising the Government's economic case for the euro, and Vote 2004, which gradually evolved into Open Europe, ultimately led the charge against the EU Constitution.
And if the markets continue to turn against the euro, does Labour have any ideas for an orderly restoration of national currencies?
The euro should probably strengthen against the dollar but weaken against Asian currencies.
I think the currency is still highly regarded but the Swiss central bank is participating in the currency war and has attempted multiple times in the past couple of years to debase its currency so it does not appreciate against the euro or dollar.
Gold advocates consider the metal a good hedge against inflation and against poor financial management by governments that control paper currencies like the U.S. dollar or the euro.
Alex: In my opinion, you don't need a hedge for VEA because though it is denominated in USD, it holds stocks denominated in euros, yen and pound, so it is really only affected by the gyrations of the C$ against this basket of currencies.
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