dollar
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Oscar Wong | Moment | Getty Images Euro is expected to hit parity with the dollar Economists expect the euro to fall to or even below parity with the U.S. dollar next year. That would mean the currencies had a 1:1 exchange rate. The euro is used by 20 of the 27 nations in the […]
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(Bloomberg) — US equity futures gained Friday while speculation that president-elect Donald Trump will temper his most extreme trade policies drove the dollar to its biggest weekly loss in three months. Most Read from Bloomberg The Bloomberg Dollar Spot Index extended a weekly decline to more than 1%, snapping eight weeks of gains as Trump’s […]
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The euro risks falling to parity with the US dollar for the first time since late 2022 if a new transatlantic trade war weakens the already struggling eurozone economy, analysts have warned. The euro sank below $1.04 against the dollar, the weakest level since November 2022, last Friday after a survey of European purchasing managers […]
Live news: Currencies rally against US dollar after Bessent nomination Financial Times Source link
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(Adds FOREX tag in headline) By Stefano Rebaudo (Reuters) -The euro dropped to its lowest level in 6-1/2 months against the greenback on Monday as investors worried about possible U.S. tariffs that would hurt the euro area’s economy. Meanwhile the U.S. dollar index — a measure of its value relative to a basket of foreign […]
The dollar looks set for its biggest one-day rise against other big currencies since March 2020 and bitcoin has jumped to an all-time high amid a jump in “Trump trades” as markets increasingly bet on a US election victory for the former president. Donald Trump declared victory on Wednesday morning after taking the key swing […]
By Tom Westbrook SINGAPORE (Reuters) -An uneasy calm settled over currencies and bonds as investors waited for the United States to choose a new leader with polls showing the contest on a knife edge, while expectations China will approve more government spending lifted Chinese stocks. MSCI’s broadest index of Asia-Pacific shares outside Japan inched 0.3% […]