Wednesday, 02 December 2015
|FOREX : NZDEUR|
30 Nov 15 00:00
Similarly, despite the euro's troubles since 2010, the euro zone's currency accounts for around one-fifth. That leaves the other two SDR constituents, the yen and Sterling, which was the previous dominant reserve currency, each comprising less than 4%. more»
20:30 | 1/12/15
Sentiment on the euro remained vulnerable however, as the European Central Bank has been signaling over the past weeks that it is ready to add additional easing measures in order to boost inflation in the euro zone and support growth. Meanwhile ... more»
17:18 | 1/12/15
The euro's worst year in a decade is looking even grimmer after the Chinese yuan's inclusion in the International Monetary Fund's basket of reserve currencies. more»
Selling the euro against the dollar has been one of the most crowded trades since ECB President Mario Draghi signaled in October that the central bank will unleash another stimulus at its policy meeting this Thursday. more»
While European stocks followed Asian shares higher, bond yields ticked higher and the euro bounced off a 7 1/2-month low on concern the ECB may not deliver all the stimulus on Thursday that investors have come to expect. more»
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