Amid heavy selling in risk assets related to China economy concerns and expectations of an interest rate rise in the U.S., investors have viewed the euro as a "safe-haven asset" - piling into the currency in recent weeks. A stronger currency puts ...
TOKYO (Reuters) - The dollar climbed against the euro and yen on Thursday as global investors tentatively stepped back into riskier equities, tempering the recent rush to unwind carry trades that had boosted the single currency and the Japanese unit.
English Premier League football clubs have saved a total �85m on the �483m spent on players from European clubs this year thanks to the pound's rise against the euro, according to corporate FX broker Foenix Partners. The pound is 17 per cent stronger ...
Issing raised eyebrows earlier this summer when he said that the euro's irreversibility was an "illusion," contradicting current ECB members who have insisted that there is no going back from the single currency.
The unemployment rate across the 19 euro zone member states averaged 10.9 percent in July, the lowest level since February 2012, data from Eurostat, the European Union's statistical body, showed on Tuesday.
Following yet another set of data that hints China's industrial engine has firmly slowed down, investors are fleeing from European equities while also herding into the eurozone common currency and the Japanese yen, Naomi Rovnick writes.
The rate of unemployment in the euro area also registered a slight contraction to 10.9% in July, down from 11.1% in June and 11.6% in July 2014, according to data published by Eurostat, the statistical office of the European Union, on Tuesday.