Sentences with phrase «euro as their currency»

«We want to monitor to make sure there's not going to be a resurgence of anti-euro sentiment, which would be negative to European assets and the euro as a currency,» says de la Durantaye.
The European Central Bank, the top monetary authority for the 19 countries that use the euro as currency, has said its 30 billion euros ($ 37 billion) in monthly purchases will continue at least through September, but has given no fixed end date.
It is the latest answer to the ongoing sovereign debt crisis (dubbed the «eurocrisis») experienced by a number EU Member States that have the euro as a currency.

Not exact matches

Much ink has been spilled about the global tide of nationalism, but these leaders, raised with the freedom to zip around Europe without passports, using a common euro currency, see their individual nations» interests as inextricably bound to the state of the whole world.
While dozens of hedge funds have sprung up this year to invest in the white - hot digital currency market, this one, known as Arrington XRP Capital, is the first to be denominated in a crypto - currency rather than dollars or euros.
But, as well as Spain, the euro - dollar currency cross was also impacted by rumours of a potential hawkish name as next chairman of the U.S. Federal Reserve.
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.
The euro - dollar currency cross was also impacted by rumours of a potential hawkish name as next chairman of the U.S. Federal Reserve
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.
Net profit rose 17 percent to 542 million euros ($ 650 million), ahead analysts average forecast of 510 million euros as higher prices helped offset currency headwinds and an increase in marketing spending.
FLORENCE, Italy, May 3 - Two Italian entrepreneurs are raising up to 20 million euros as they try to carve out a new niche in crypto - currency mining - a dream that began in a dishwasher drawer.
LONDON, Oct 31 - The euro rose on Wednesday, lifted as equity market gains helped perceived riskier currencies, and with direction likely to be determined by how Wall Street reopens after storm disruption.
The euro gives back gains as post-election euphoria fades, and risk - on currencies follow — it's time for your FX Fix.
His comments were seen as negative for the single currency, which has fallen almost 3 percent from a 15 - month high of $ 1.37 hit earlier this month, as European officials step up the rhetoric on a strong euro.
European politicians will be watching the result with concern as it could prompt the euro zone's third - largest economy to take a more critical and oppositional stance to the European Union and the single currency.
Sterling also nudged higher to just under $ 1.28 and 87.42 pence per euro as formal negotiations got underway on Britain's exit from the European Union, which are expected to generate plenty of headlines for the currency in the weeks ahead.
The euro has been one of the best performing major currencies this year, with its strength stemming partly from growing confidence about the outlook for the euro zone economy and partly from weakness in other major currencies such as the yen and British pound.
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.
An anonymous respondent commented, «With the rise of bitcoin or other virtual currencies people may switch to these entirely as global currencies, as the dollar and euro may see too many ups and downs.»
After all, the euro's days as a contender for global reserve currency are now on hold at best.
They are intended to provide many of the same functions as long - established currencies such as the U.S. dollar, euro or Japanese yen but do not have the backing of a government or other body.
He scored a big win in 2015, if you recall, when the International Monetary Fund (IMF) agreed to include it in its basket of reserve currencies, placing the yuan in the same league as the U.S. dollar, British pound, Japanese yen and euro.
Colored coins can be used to represent anything, such as stocks, bonds, smart properties, securities, precious metals, commodities, other currencies (such as dollars, pounds or euros), and even other crypto - currencies.
«State monopoly currencies, such as the U.S. dollar, the euro, and the Swiss franc, have no intrinsic value either.
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.
Commodity prices also are still relatively flat year to date, while currencies such as the euro and yen also have been resilient.
The standing of the Australian dollar as a world currency is recognised by its inclusion in the first wave of currencies (along with the US Dollar, euro, yen, Swiss franc, pound and Canadian dollar) in the Continuous Linked Settlement System for foreign exchange settlement that is due to come into operation in 12 — 18 months» time.
Mr. Draghi also took classes with Rudiger Dornbusch, the international economist who postulated that in flexible, multi-exchange rate systems, a single currency can overshoot its intrinsic value — an idea that was often cited by supporters of the euro as a reason to adopt the single currency.
In such a case, the dollar would no longer be a safe haven and traders could turn towards more resilient currencies such as the British pound and the euro.
Two Italian entrepreneurs are raising up to 20 million euros ($ 25 million) as they try to carve out a new niche in crypto - currency mining - a dream that began in a dishwasher drawer.
[Moammar Gadhafi] initiated a movement to refuse the dollar and the euro, and named on Arab and African nations to use a new currency as an alternative, the gold dinar.
«A year ago people were saying the euro would overtake the dollar as the world's currency reserve and investors have largely changed their minds.»
Tourist spending in Europe also dropped while some Asian consumers shopped more in places such as Hong Kong, while currency effects may have also put visitors to the euro zone off from buying products.
Companies that report in euros, such as SAP, show lower CRM growth at 0.6 percent in current U.S. dollars, but in constant currency, they show 12.8 percent growth.
As Europe's banking crisis deepens, Greece's and Spain's fiscal crisis spreads throughout Europe and the US economy stalls, most discussions of how to stabilize national finances assume that only two options are available: «internal devaluation» — shrinking the economy by cutting public spending; or outright devaluation of the currency (for countries that have not yet joined the euro, such as Eastern EuropeAs Europe's banking crisis deepens, Greece's and Spain's fiscal crisis spreads throughout Europe and the US economy stalls, most discussions of how to stabilize national finances assume that only two options are available: «internal devaluation» — shrinking the economy by cutting public spending; or outright devaluation of the currency (for countries that have not yet joined the euro, such as Eastern Europeas Eastern Europe).
Oil plunged another 4 percent, while safe - haven government U.S. and German bonds, and the yen and the euro, rallied as widespread fears of a China - led global economic slowdown and currency war kicked in.
«Bayer Lowers Guidance as Forex Swings Weighed Down 1Q Profit,» at 0554 GMT, misstated the currency of the converted dollar figure as euros in the second paragraph.
A blog post this week based on an earlier Fed research paper said that «bitcoin units have no intrinsic value» — but added that currencies «such as the U.S. dollar, the euro, and the Swiss france... have no intrinsic value either.»
However, Draghi listed currency market volatility as an obstacle to the inflation target, and added that the ECB would carefully monitor the euro's exchange rates.
Currently, we're invested in currency - hedged ETFs as a way to hedge some of our emerging market exposure, and we've used them in the past as a way to hedge our European equity exposure from a falling euro.
Businesses in the 17 countries that use the euro became much more gloomy about their prospects in May as the currency area's fiscal crisis deepened.
But for other currencies, such as the euro and the yen, implied volatilities remain broadly unchanged (Graph A3).
In fact, the only time that speculators in currency futures, as a group, have ever bet more heavily on a rise in the euro was in 2011 when the euro / US $ exchange rate was peaking in the high - 1.40 s. Consequently, it could be argued that sentiment is more conducive to euro weakness than euro strength in the short - term.
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.
In the previous editions of the Market Overview, we have already analyzed the relationship between gold and some major world currencies, such as the U.S. dollar, the euro, or the Japanese yen.
Factories in the euro zone raised their prices in July as energy costs swelled, pointing to further upward pressure on consumer prices in the currency bloc later this year.
LONDON — Iran will start reporting foreign currency amounts in euros rather than U.S. dollars, state media said today as part of the country's effort to reduce its reliance on the U.S. currency due to political tension with Washington.
It looks very much like speculators in currency futures have been buying the euro and selling the SF as a pair trade, undoubtedly to take advantage of the downward trend in the SF / euro exchange rate that got underway in April.
The far - right politician reportedly wants France to dump the euro and adopt a new version of the French franc, which hasn't been used as legal currency since 2002.
You can use Abra at any time where you intend to buy, hold, sell, send, and receive bitcoin or any of the 50 + fiat currencies available through the Abra app (a fiat currency is a government - issued currency, such as US dollars or Euros).
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