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 forint fell to a record
low against the euro last week after the International Monetary Fund and the European Union broke off talks on Hungary's bid for a bailout as Orban refused to withdraw new central bank regulations the institutions objected to.
As the dollar sinks to near - record
lows against the euro and the British pound, the stock market has returned to record highs, but investors are being advised to anticipate a worldwide downturn and the U.S. economy may have already entered a recession.
The dollar was marked
lower against the euro and the yen, falling 1 percent against the European currency.
But the pound remains 8 % down against the dollar, and 6 %
lower against the euro.
Not exact matches
LONDON, Feb 14 (Reuters)- The dollar hit a 15 - month
low against the yen but steadied
against the
euro on Wednesday, with investors nervous ahead of key U.S. inflation numbers due later amid a fragile recovery in equity markets.
The
euro rebounded from a two - week trough, and the dollar fell to its
low on the day
against the Japanese yen after comments from New York Fed President William Dudley.
Against the
euro, it fell to a record
low of 5.1914.
But the figures are further illustration of how even an ultra-loose monetary policy from the European Central Bank, which has driven the
euro to a 12 - year
low against the dollar this year, still hasn't created a self - sustaining recovery in the region.
The zloty and the leu firmed 0.1 percent
against the
euro, rebounding from 6 - and 3 - month
lows, respectively.
The
euro hit a new 9 - year
low of $ 1.1894
against the dollar in response.
The
euro fell to its
lowest level
against the dollar in nine years Monday, driven by fears of political turmoil in Greece and hopes for more monetary stimulus from the European Central Bank.
LONDON, Oct 24 - The
euro fell to a one - week
low against the dollar on Wednesday after worse - than - expected German business activity and sentiment data fuelled concerns of weakness in the
euro zone's largest economy.
LONDON, Feb 14 - The dollar hit a 15 - month
low against the yen but steadied
against the
euro on Wednesday, with investors nervous ahead of key U.S. inflation numbers due later amid a fragile recovery in equity markets.
LONDON, Nov 5 - The
euro fell to a near two - month
low against a broadly firmer dollar on Monday on uncertainty over a Greek vote on austerity and before this week's U.S. presidential election.
Gold fell on Thursday as the European Central Bank's reaffirmation of its ultra-easy policy stance pushed the
euro lower against the dollar, although moves were muted before a news conference by ECB chief Mario Draghi.
The
euro hit a two - month
low against the yen soon after FDP leader Christian Lindner said on Sunday that his party was withdrawing from the talks as the three would - be partners could not find common ground on key issues.
The
euro has already lost nearly 6 %
against the dollar since Draghi's October press conference, and is already trading close to the 12 - year
low it posted back in March.
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.
The
euro has fallen to almost a six - week
low against the dollar on the news.
The dollar was mixed Friday, higher
against the
euro and many other currencies but
lower against the yen.
That expectation has pushed the
euro down to near - decade
lows against the dollar.
In early Monday trade, Asian markets mostly rise, while the
euro ticked up 0.1 percent
against the dollar, after sinking under $ 1.13 to a session
low of $ 1.1294 in the previous session.
And the
euro fell to a 16 - month
low against the dollar.
NEW YORK (TheStreet)-- Shares of Yamana Gold Inc (AUY) were sliding,
lower by 0.49 % to $ 3.06 in midday trading Friday, along with other gold - related stocks after spot gold fell to a three week
low level as the
euro fell
against the dollar ahead of the Greek bailout talks this weekend, Reuters reports.
The
euro, which had already been near its
lowest level in 11 years on expectations of action by the central bank, weakened further
against the dollar, falling about 1 percent to around $ 1.14, a move that could help European exporters.
«The fall in the
euro has definitely had an effect,» she added as the
euro fell further towards a 12 - year
low against the dollar.
European stocks were subdued on Thursday as the
euro bounced back from four - month
lows against the dollar and investors awaited the outcome of Sino-U.S. trade talks.
The dollar was falling 0.2 %
against the
euro as concerns over China's economy, mixed U.S. data and the latest minutes form the Federal Reserve's policy meeting
lowered expectations for a U.S. interest rate hike, Reuters reports.
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.
The U.S. Dollar Index is modestly
lower today at 92.43 with the greenback displaying weakness
against the
euro -LRB--0.3 % at 1.1988) and the yen -LRB--0.6 % at 109.22).
During this period, the dollar reached a
low of 102
against the yen, and 1.365
against the
euro — the
lowest level since the latter's introduction in 1999.
If the Dollar broke
lower, its likely too that bonds and duration would rally; defensives (staples, utes, reits) and growth (tech / biotech / discret) squeeze
against crowded value unwinding (fins, energy, indus); yen and
euro would squeeze mightily; gold squeezes while copper pukes in a favorite commodities «pair» unwind; HY could reverse weaker vs IG (currently everybody long CCC vs BB on the high beta trade)... this would be the theoretical path to our next pain - trade or even VaR shock.
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 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.
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.
The
euro has also fallen to a
low against the dollar.
No confirmation from the ECB itself yet, but the
euro has fallen to its
lowest level
against the dollar in more than 11 years.
In the first hour after the announcement, gold soared to $ 938 an ounce and the dollar sank to $ 1.49
against the
euro, close to the all - time
low.
The
euro plunged from near two - year highs to a six - week
low against the dollar in early November, after weak inflation figures stoked fears about demand in the 17 - member economy, according to Nawaz Ali, UK market analyst at Western Union Business Solutions.
The former Italy national manager, who was also in France for the
Euros this summer and saw similar disappointment to Hazard, will be hoping that he can avoid a similar fate
against lower league opposition this time around.
Russian luxury consumers travel much less these days, which is not surprising given that the rouble has lost 30 percent of its value
against the
euro in the past three years, hammered by
low oil prices and bruising economic sanctions imposed over Russia's involvement in Ukraine and annexation of Crimea.
Bidding stalled at $ 8,893,500
against a
low estimate of $ 8,500,000
euros (or approximately $ 10.1 million dollars).
The
euro has appreciated
against the US dollar over the past three years, hence the
lower return in
euro than in dollars.
The
euro sunk to a new 16 - month
low against the U.S. dollar in trading on Friday.
The
euro fell to $ 1.3037, its
lowest level
against the dollar since January, amidst concerns over the European economy and...
At the beginning of 2015, it raised the price of the OnePlus One by 50
euros ($ 55) when the
euro hit a nine - year
low against the dollar.