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Stocks struggled in Asia on Thursday as investors gave a lukewarm reception to the US-Vietnam trade deal, while the dollar eased ahead of key US jobs data that could impact Federal Reserve interest ...
The United States dollar is suffering its worst start to a year in more than five decades, likely triggering a price hike for ...
Investors will shift increasing amounts of cash coming from US investment-grade bonds to Europe as the “de-dollarization” ...
Proponents of a strong euro need to be careful what they wish for. If the common currency strengthens much more, it's going ...
The euro notched its longest winning streak against the dollar in more than two decades — and options traders are betting the ...
A global currency issuer should ideally run a current account deficit to supply sufficient funds to foreign hands, a condition met by the USD but not the Euro, Yen, or CNY, according to Macquarie.
A euro currency sign is pictured inside the headquarters building of the European Central Bank (ECB) as a person walks by ahead of a press conference following the meeting of the governing council ...
As it stands, the euro's share of the $12.4 trillion in global central bank coffers is just below 20%, with the dollar at 57%. Back in 2009, that was 28% and 61% respectively, so there could be a ...
Many fear a rise in prices during the switch, as had occurred in other countries that joined over the past decade.
Countries must go through a two-year “waiting room” in which their currency does not fluctuate excessively against the euro. The process is meant to demonstrate that their economies are ...
The European Commission and the European Central Bank gave Bulgaria the go-ahead on Wednesday to adopt the euro currency from ...
FRANKFURT, Germany (AP) — European Union officials gave the green light Wednesday for Bulgaria to become the 21st member of the euro currency union,, a key EU project aimed at deepening the ties ...