Connect with us

archive

Euro Hits High Marks against Yen, Dollar

Euro Hits High Marks against Yen, Dollar (Reuters)

Germany’s two major political parties have formed a grand coalition deal, boosting the euro to its best position against the yen in four years and a one-month peak against the U.S. dollar. “The news removed some political uncertainty and helped lift the euro,” said Omer Esiner, chief market analyst at Washington, D.C.-based Commonwealth Foreign Exchange. “While on a firm footing, the euro will likely struggle to add significantly to its current gains as investors remain worried about further monetary easing from the European Central Bank in the months ahead.”

Newsletter Signup.

Sign up to the Human Events newsletter

Advertisement
Advertisement

TRENDING NOW:

Buzzfeed Bashes 14-Yr-Old Trump Fan, Celebrates Kids in Drag.

TECH

‘Reaganesque’: Economist Tells CNBC Trump Could Shift Global Order In China Trade War

FOREIGN AFFAIRS

Al Jazeera: ‘Jews Exploit Holocaust’.

FOREIGN AFFAIRS

Salvini: ‘Extremists’ Are Those Who’ve Governed Europe in the Name of Finance, Multinationalism, Mass Migration.

FOREIGN AFFAIRS

Germany's two major political parties have formed a grand coalition deal, boosting the euro to its best position against the yen in four years and a one-month peak against the U.S. dollar.

archive

Euro Hits High Marks against Yen, Dollar

Germany’s two major political parties have formed a grand coalition deal, boosting the euro to its best position against the yen in four years and a one-month peak against the U.S. dollar.

Euro Hits High Marks against Yen, Dollar (Reuters)

Germany’s two major political parties have formed a grand coalition deal, boosting the euro to its best position against the yen in four years and a one-month peak against the U.S. dollar. “The news removed some political uncertainty and helped lift the euro,” said Omer Esiner, chief market analyst at Washington, D.C.-based Commonwealth Foreign Exchange. “While on a firm footing, the euro will likely struggle to add significantly to its current gains as investors remain worried about further monetary easing from the European Central Bank in the months ahead.”

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

TRENDING NOW:

Buzzfeed Bashes 14-Yr-Old Trump Fan, Celebrates Kids in Drag.

TECH

‘Reaganesque’: Economist Tells CNBC Trump Could Shift Global Order In China Trade War

FOREIGN AFFAIRS

Al Jazeera: ‘Jews Exploit Holocaust’.

FOREIGN AFFAIRS

Salvini: ‘Extremists’ Are Those Who’ve Governed Europe in the Name of Finance, Multinationalism, Mass Migration.

FOREIGN AFFAIRS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter