During 2013, for example, the Canadian dollar
declined against the euro, the pound and the Swiss franc, but appreciated against the yen and Australian dollar (see chart above).
Not exact matches
Sterling could
decline further
against the
euro to offset the economic impact of losing trade links with the European Union, the president of the Peterson Institute told CNBC on Tuesday.
«If you want to cope with the terms of trade shock, Brexit is whatever other fantasies you have, it's a negative trade shock vis - à - vis the EU and if you want to close some of these trade deficits, the pound has to
decline more
against the
euro,» the former member of the Bank of England said.
As I said, the greenback's been on the
decline for most of the year so far, but it slumped to a 13 - month low
against the
euro last week following European Central Bank (ECB) president Mario Draghi's remark that «monetary accommodation» would continue in the European Union (EU) until at least the end of the year.
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.
In the December quarter, the US dollar
declined by 8 per cent
against the
euro, 7 per cent
against the yen and 5 per cent on a broad trade - weighted basis.
In the final three months of last year the US dollar
declined by 8 per cent
against the
euro and 7 per cent
against the yen, to be around its lowest level in the past decade.
Binary options can be used to speculate on the outcomes of various situations, such as will the S&P 500 rise above a certain level by tomorrow or next week, will this week's jobless claims be higher than the market expects, or will the
euro or yen
decline against the U.S. dollar today?
A) The company's sales
decline as European consumers scale back their spending, and B) the
euro depreciates
against the dollar as European investors sell
euros and invest in safer securities denominated in other currencies (USD or not).