We work
in euro currency.
Imagine you spot an uptrend in the Dow and at the same time, you see that it may be in response to weakness
in the euro currency.
Not exact matches
At $ 383 million, EBITDA was up 7.9 % on the high first - quarter 2017 performance, with a significantly stronger
euro particularly compared to the US dollar, which resulted
in a $ 26 million negative
currency effect (on translation only).
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.
But now,
in this lacuna between the descent of the greenback, the collapse of the
euro and the rise of the yuan, Canada has a moment to be the darling of global
currency.
Its ability to react to ultraviolet light also makes it an anti-counterfeit measure
in euro paper
currency.
Venezuela's offering accepted transactions
in U.S. dollars and
euros, meaning that Venezuelan citizens are forbidden from participating given a ban on buying foreign
currency.
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.
The move spurred speculation that Denmark's central bank may also depeg its
currency; it's already cut its interest rates deeper into negative territory to counter pressure from a falling
euro in the wake of the European Central Bank (ECB) launching a quantitative easing program.
Moscovici made much of the fact that for the first time since the
euro was born
in 1999, no country
in 2018 will have a budget deficit over 3 percent of annual GDP — a key limit that governs the single
currency and which has been flouted by many countries.
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 zone region also enjoyed stronger than expected industrial production
in December but that failed to push the single
currency higher on Wednesday.
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 eur
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 eur
in fact, the real and the rupeewere falling against the dollar and the
euro.
In currency markets, the euro held at two - year highs following remarks by ECB President Mario Draghi last week, while the dollar remained weak ahead of the U.S. Federal Reserve's policy meeting later in the wee
In currency markets, the
euro held at two - year highs following remarks by ECB President Mario Draghi last week, while the dollar remained weak ahead of the U.S. Federal Reserve's policy meeting later
in the wee
in the week.
Stephen Gallo, head of forex strategy at Bank of Montreal, who also foresees a $ 1.30 for the
euro in the next 12 months, told CNBC that the Italian election poses a potential short - term drag on the
currency, but that will evaporate once a government is
in place.
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.
(The company, which reports its financial results
in euros, says
currency fluctuations make its recent sales and profit numbers look worse than they are; it says its 2014 net sales of 14.8 billion
euros were actually up 2 % from 2013.)
Revenue
in the rest of the world was up 14.7 percent to 1.6 billion
euros, but up just 2.8 percent after factoring
in currency swings, while Asia and Latin America both grew more than 20 percent at constant exchange rates.
In effect, these countries filed false prospectuses; they fluffed up their assets, disguised the liabilities in their pension and benefit schemes, and managed to adopt the euro at a rate of exchange that exaggerated the value of their currencie
In effect, these countries filed false prospectuses; they fluffed up their assets, disguised the liabilities
in their pension and benefit schemes, and managed to adopt the euro at a rate of exchange that exaggerated the value of their currencie
in their pension and benefit schemes, and managed to adopt the
euro at a rate of exchange that exaggerated the value of their
currencies.
«I've heard stories of companies hedging their bets with some of the eurozone economies,» Langrish says, explaining that some have set up accounts to pay their employees
in euros should their home country exit the eurozone and reintroduce its old
currency.
The Swedish company, which began trading
in an unorthodox initial public offering a month ago, reported first - quarter revenue of 1.139 billion
euros ($ 1.36 billion), up 26 percent from a year earlier, or 37 percent excluding
currency effects.
Another powerful motive for many
in the southern countries, Greece, Italy, Spain, Portugal, countries that had never
in their very long histories had a hard
currency, was to exploit the desire of the Germans, and the permanent EU civil service, for a larger, closer Europe, by signing into the
euro, acquiring for the first time a hard
currency, that they confidently expected Germany to finance.
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.
Factory activity is shrinking
in China,
euro zone business growth remains weak and emerging market giant Russia is
in a spiraling
currency crisis.
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.
The head of Denmark's central bank has warned that the Danish krone is coming under intense pressure from investors seeking a haven
in Europe and betting that the
currency's peg to the
euro could be cracked by the crisis.
Renault pledged to maintain its group operating margin above 6 percent
in 2018 despite worsening
currency effects that reduced its full - year profit by 300 million
euros.
The company still faces hurdles, however, including from a strong
euro that affects revenues made
in other
currencies and converted back.
The Swedish company, which began trading
in an unorthodox direct listing on the New York Stock Exchange
in April, reported first - quarter revenue of 1.139 billion
euros ($ 1.36 billion), up 26 percent from a year earlier, or 37 percent excluding
currency effects.
The global economy is ending the year
in a fragile state with factory activity shrinking
in China,
euro zone business growth remaining weak, and emerging market giant Russia
in a spiraling
currency crisis.
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.
In the
currency market, the
euro traded at $ 1.2343, extending its recovery from a seven - week low of $ 1.21545 hit on Thursday.
An inconclusive election result
in Italy that raises the specter of policy deadlock
in the
euro zone's third largest economy, appears to have stopped a stellar
euro rally and could mark a turnaround
in the
currency's recent good fortunes, analysts said.
I also think owning anything too Canadian - centric represents a risk for Canadians who want to retire and spend money
in another
currency, so I do have investments
in U.S. dollars,
euros and Canadian dollars.
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.
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.
MILAN (Reuters)- The recent recovery
in the dollar has raised hopes that
currency turbulence for European corporates will now subside, after first quarter earnings took a hit from the stronger
euro.
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.
Even though the
euro remained more than four percent below the peak hit
in February, that dampened investor appetite for European stocks on Thursday, highlighting how sensitive shares
in the continent are to
currency swings.
The value of one bitcoin fluctuates against other
currencies in the same way the
euro's value fluctuates against the dollar.
In fact the creation of the
euro largely wiped out local
currency centers and most of the market actually migrated out of the
euro zone and into London.
Madrid can confound elite consensus and move aggressively to restructure Spain's external debt while redefining its participation
in the
euro, for example by leaving the
euro while committing credibly (i.e. with German support) to rejoin the
currency union at some specified future date.
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.
But if you get paid
in pounds, pesos,
euros or any other foreign
currency, you will need to make some difficult choices.
It may not get the attention it deserves because its dividend is declared
in Euros and
currency conversion to U.S. dollars can make the dividend seem like it fluctuates.
While China is usually singled out for its policies, other countries have behaved more irresponsibly, most notably rich Germany, whose surpluses, the largest
in history, were built primarily on an undervalued
currency, after the creation of the
euro, and on weak wage growth, after the 2003 — 05 labor reforms.
The Canadian dollar accounts for only 2.2 per cent of total foreign
currency trade flow
in a given day, according to the latest major trade volume report put out by the Bank for International Settlements, whereas the U.S. dollar comprises 45.1 per cent and the
euro 19.4 per cent.
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.