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Currency News

ECB's Draghi warns of inflation headwinds from euro volatility

05 Feb 2018 10:30Reuters
It left its ultra easy policy unchanged last month, warning that inflation remains muted and may take several more years before it rises back to the bank's target of almost 2 percent. more

No Respite for Euro as Longest Losing Streak in a Year Drags On

08 Dec 2017 06:45Bloomberg
The euro fell on Friday for the sixth consecutive day, on course to extend its longest run of losses in more than a year against a resurgent U.S. more

Euro bank offers financing to Isbank to back renewable energy projects

08 Dec 2017 05:37Hurriyet Daily News
The European Bank for Reconstruction and Development (EBRD) has said it is providing Isbank, Turkey's largest private bank, with $55 million in financing to support small-scale renewable energy and resource efficiency projects in the country. more

Pound V euro: GBP exchange rate strikes six-month high following Brexit ...

08 Dec 2017 05:08Express.co.uk
The DUP had on Monday disputed the wording of an agreement over the Irish Border. However, it is important to stress that this was initially considered to be the “easy” part of Brexit talks and the UK government now faces the long and difficult task of ... more

Czech Election Result Could Delay Euro Adoption Until 2025

23 Oct 2017 09:48Emerging Europe
“We do not expect any material impact of the election on the Czech crown's exchange rate, and we forecast it will continue to appreciate, closing the year at 25.50 crowns to the euro,” Lukáš Kovanda, chief economist of Cyrrus told Emerging Europe. “We ... more

German Economy Strengthens in Boost to Euro Region Outlook

22 Sep 2017 02:52Bloomberg
Phil Smith, an economist at Markit, said the German report shows the economy is in “rude health, highlighting strong broad-based growth in both business activity and employment. more

Pound slips against euro ahead of key May speech on Brexit break-up

22 Sep 2017 02:30Telegraph.co.uk
"Output and new orders are rising briskly, although the pace of new export orders slowed at the margin due to the appreciation of the euro. Given the jump in the German and French manufacturing PMIs, though, we have to assume that this mainly was a ... more

Pound slips against euro ahead of Theresa May's Brexit speech - business live

22 Sep 2017 01:58The Guardian
The pound is down 0.5% against the euro at €1.1319 ahead of the Prime Minister's speech in Florence. Economists said reaction to the speech by EU officials would have a major bearing on the pound's performance. more
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