Sentences with phrase «depreciate against the euro»
It's bad news for all British wine lovers: bottle prices are set to increase in 2017 as sterling continues to depreciate against the euro.
https://www.cnbc.com/ Not exact matches
After reaching a record high against the US dollar of US$ 1.293 in mid February, the euro depreciated over subsequent months and is now about 6 per cent below its mid-February peak (Graph 24).
By doing so you have sold euros in the expectation that they will depreciate against the US dollar.
«We are happy to invest in businesses that earn their money in euros in France or Italy or sterling in the UK, because I don't have a feeling that those currencies are likely to depreciate against the dollar.
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).
Troublesome economic news in Europe could cause the euro to depreciate against the dollar as European investors flee to safety, e.g. invest in Treasury bills.