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:

Piers Morgan and Ilhan Omar Piers Morgan and Ilhan Omar

What’s The Difference Between Ilhan Omar and Piers Morgan?

U.S. POLITICS

Everyone’s Gone Nuts. For Power and Profit.

CULTURE

Planned Parenthood’s Leana Wen Wasn’t Woke Enough And Nor Are You

CULTURE

CNN Platforms white nationalist Richard Spencer CNN Platforms white nationalist Richard Spencer

CNN Platforms Richard Spencer.

U.S. POLITICS

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:

Piers Morgan and Ilhan Omar Piers Morgan and Ilhan Omar

What’s The Difference Between Ilhan Omar and Piers Morgan?

U.S. POLITICS

Everyone’s Gone Nuts. For Power and Profit.

CULTURE

Planned Parenthood’s Leana Wen Wasn’t Woke Enough And Nor Are You

CULTURE

CNN Platforms white nationalist Richard Spencer CNN Platforms white nationalist Richard Spencer

CNN Platforms Richard Spencer.

U.S. POLITICS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter