Pound and U.S. dollar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo TOKYO, Sept 29 (Reuters) – Sterling retreated again on Thursday from a sharp bounce against the dollar overnight, after the Bank of England
The euro has fallen below parity with the dollar, diving to its lowest level in 20 years and ending a one-to-one exchange rate with the U.S. currency. It’s a psychological barrier in the markets. But psychology is important, and the
A financial trader monitors data on computer screens as a desktop television shows euro currency banknotes at the Frankfurt Stock Exchange in Frankfurt, Germany. Martin Leissl | Bloomberg | Getty Images The euro hit parity with the U.S. dollar on Tuesday for the first
EU finance ministers on Tuesday gave Croatia the final green light to adopt the euro single currency on January 1, 2023. “I would like to congratulate my counterpart, Zdravko Maric, and the whole of Croatia for becoming the 20th country to join
European stocks sank Tuesday along with oil prices, while the euro slumped towards parity with the dollar on deepening recession fears as central banks contend with soaring inflation. European stock markets fell nearly three percent, weighing on Wall Street early