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21-Oct-18
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1 0 Tag Archives: lower
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FX options indicate big euro/dollar swings may pause

LONDON: Recent sharp swings in the euro/dollar exchange rate have not been matched by moves in the currency options market, as a cautious outlook from the U.S. Federal Reserve pushes back expectations of when rates will rise. The euro, which hit a 12-year low of $ […]

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March 27, 2015
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Euro softness offers timely boost for UAE retail, trade

There could be slight time lag before exchange rate benefits show up in local pricing The euro’s current spell of weakness — and expectations that it could drop even further — should translate into lower priced goods in the UAE’s retail sector… but just not yet. Local consumers hoping to get better deals on branded […]

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March 23, 2015
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Expat rates: fixed savings suffer from base rate doldrums

Banks have been cutting the rates on their euro-denominated accounts Base rate is now in its seventh year at 0.5pc and shows no sign of rising, making life as difficult as ever for savers. But at least they can stop worrying that base rate has further to fall. Mark Carney, Governor of the Bank of […]

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March 21, 2015
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Euro gains vs dollar as traders eye Fed for interest rate clues

LONDON: The euro rose for a second day against the dollar on Tuesday as investors awaited the start of a two-day US Federal Reserve policy meeting that will test expectations of a mid-2015 rise in US interest rates. The single currency had come under pressure after […]

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A pedestrian is reflected in an electronic board showing the graph of the recent fluctuations of Japan’s Nikkei average outside a brokerage in Tokyo March 13, 2015. REUTERS/Yuya Shino By Ryan Vlastelica NEW YORK (Reuters) – Stocks mostly fell on Tuesday as the Federal Reserve opened a two-day policy meeting, which is being closely watched […]

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FOREX-Euro gains vs dollar as traders eye Fed for interest rate clues

* Euro gains against dollar for second straight day * Traders taking risk off table ahead of Fed policy meeting * BOJ stands pat on policy as expected, market reaction limited By Jemima Kelly LONDON, March 17 (Reuters) – The euro rose for a second day against the dollar on Tuesday as investors awaited the […]

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Another week, another euro fall

The plunge in the euro may be starting to look overstretched, but that’s unlikely to stop traders from pushing the battered single currency even lower this week, analysts warned. The euro briefly fell to a fresh 12-year low against the dollar Monday, at about $ 1.0457, before recovering a touch. Last week, […]

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March 17, 2015
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Premarket: Weak euro powers European stocks to new highs

The euro struck a fresh 12-year low on Monday and euro zone stocks reached new peaks on bets that the currency’s relentless fall will boost corporate earning prospects just as the rising dollar hits those of U.S. firms. German stocks powered above 12,000 points for the first time, while the main pan-euro zone benchmark indices […]

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March 16, 2015
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Another week, another euro drubbing

The plunge in the euro may be starting to look overstretched, but that’s unlikely to stop traders from pushing the battered single currency even lower this week, analysts warned. The euro (Unknown: EURBA=) briefly fell to a fresh 12-year low against the dollar Monday, at about $ 1.0457, before recovering a touch. Last week, the […]

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March 16, 2015
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Kiwi hits high against euro, more to come

The New Zealand dollar has reached its highest level ever against the euro in what may be the first of more peaks as the euro falls foul of the European Central Bank’s bond-buying programme. The kiwi hit a record 70 euro cents on Monday morning, and was trading at 69.96c at 5pm on Monday in […]

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