Tag Archives: euro

Eurozone recovery stutters as the service industry suffers

Queue for Covid-19 tests outside laboratory in Paris on September 22, 2020 in Paris, France. Kiran Ridley | Getty Images News | Getty Images Eurozone trade activity was hit in September as countries faced a second wave of coronavirus infections, preliminary figures showed on Wednesday. The Flash Eurozone PMI (Index …

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Euro’s two-year high pushes ECB to buy more bonds

The European currency traded at $ 1.19 on Tuesday EURUSD, + 0.53%, about 7% up since the beginning of the year and more than 11% since March 20, round the time lockdowns were implemented across the continent. The European currency is now at its highest level since May 2018, and …

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The war against the dollar is heating up

Experts sound the alarm again that the dollar could lose its role as a reserved currency of the world. This is a common and historically indecisive concern – but things may actually be different this time around. What’s happening: New data from the Bank of Russia show that the country …

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