Category: Euro

The euro, the pound and some trade-sensitive currencies rallied as the dollar slid to a six-month low today. Investors are confident that global growth prospects are improving and that US-China trade relations are getting significantly better.  After staying strong for much of 2019 thanks to the relative outperformance of the US economy and investors’ preference […]

The euro hit a four and a half month high today as optimism over US-China trade relations and the global growth outlook knocked demand for dollars.  Thin end-of-year volumes exacerbated the broad weakness in the greenback, which has seen it dip for three sessions in a row and on Friday suffer its biggest one-day fall […]

Euro zone bond yields sink further as trade war steps up Euro zone government bond yields slid back towards recent lows on Tuesday as investors remained cautious on risk after the US branded China a currency manipulator, escalating their trade war. Safe-haven bond yields fell, while global stocks extended already substantial losses on Tuesday, after […]

Euro dips on Italian debt worries and trade tensions The euro dipped today as investors nervous about trade tensions bought into the safe-haven dollar and fretted that political risks in Europe remain high. This is despite the fact that pro-Europe parties won a majority of European parliamentary seats. Remarks by two euro zone officials that […]