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3 mins read
As 'economic warfare' threatens to break out in Europe, the euro finally crumbles below $1 for the first time since 2002
Relentless pressure on the single European currency finally pushed the euro/dollar exchange rate be…
Amanda Cooper
3 mins read
The US dollar will strengthen throughout 2021 for 5 key reasons, Bank of America says
The strategists lifted their forecast for the US dollar's strength against the Euro, skirting a muc…
Ben Winck
2 mins read
The dollar will keep gaining strength amid stable US growth and the absence of any alternative among rival currencies, Goldman Sachs says
"Our global forecasts imply there is likely more room for dollar strength in the near term than wha…
Matthew Fox
2 mins read
The euro won't rebound from its slide against the US dollar this year as long as Europe's gas crisis drags on, Societe Generale says
Higher energy prices are helping the dollar while "crushing" the euro. The euro is below dollar par…
Carla Mozée
6 mins read
What is Forex? Understanding the market for exchanging foreign currencies
Forex stands for "foreign exchange" and involves trading one currency for another.
Charles Bovaird
2 mins read
The euro just hit a 5-year low against the dollar as Russia's halt in gas flows darkens economic prospects for Europe
Russia's war with Ukraine will have "severe economic consequences for Europe," the IMF warned, flag…
Carla Mozée
3 mins read
The story of a currency swap that showed the shockingly high spreads, commissions and omissions by an international bank
One of India’s top bullion and forex advisors Jamal Mecklai has released a note explaining how a ba…
3 mins read
The euro is facing a deeper slide under the weight of Europe's gas crisis and the ECB's bond-rout response, says Societe Generale
The euro is sinking closer to parity with the dollar, buying $1.016 and trading at a nearly 20-year…
Carla Mozée
3 mins read
The US dollar is trading at its strongest level against the euro in 20 years as recession fears push the pair closer to parity
"Slowdowns fears are now arguably the main driver of currencies globally," said one strategist at t…
Carla Mozée
3 mins read
The euro is crashing while the dollar strengthens to record highs. Here's what to know.
The biggest story in markets today is the euro nearing parity with the dollar — plus some expert st…
Phil Rosen
2 mins read
Lego is debuting its first-ever LGBTQIA+ set in time for Pride month
The set features 11 monochrome minifigures each with its own individual hairstyle and rainbow colour
2 mins read
Trump just attacked Mario Draghi - accusing the European Central Bank chief of manipulating the euro
The Trump administration has complained about the euro before. In May, the US Treasury blamed Germa…
Theron Mohamed
4 mins read
OPINION: Rupee exchange rate against the Euro may improve to 86 in the near term
To counter the above chaos in the zone, EU leaders agreed on the four priority areas i.e. limi…
1 min read
The euro has been around for 21 years - here are the 12 currencies it replaced
Not every one of the 28 countries in the EU uses the euro. The UK, for example, continues to use it…
Sinéad Baker,Sinéad Baker,Sinéad Baker
2 mins read
The European Central Bank has launched a 'bazooka' $820 billion pandemic fund to aid markets. 'There are no limits.'
The so-called Pandemic Emergency Purchase Programme (PEPP) comes less than a week after the central…
Callum Burroughs,Callum Burroughs
2 mins read
Gold glitters at a 6-year high as global tensions make it a ‘safe investment’
The prices of gold hit a six-year high after last week’s trade, to reach ₹ 34,500 per 10 gm in the …
4 mins read
For the next few days, Wall Street is a deer in the headlights
Candidates pose prior to a prime-time televised debate for the French 2017 presidential election in…
Linette Lopez
3 mins read
GOLDMAN: The British pound might not be the only victim in post-Brexit Europe
"Although markets are likely to stay attuned to political developments, negative "news" has become …
1 min read
The euro is sliding amid political uncertainty in Italy
Mattarella nominated former International Monetary Fund official Carlo Cottarelli as interim prime …
Gina Heeb
2 mins read
Euro slides after ECB says it will end its 2.5 trillion euro bond-buying program
The announcement comes one day after a relatively hawkish Federal Reserve policy meeting, where off…