euro-area
Top StoriesLeave post-Brexit Shift in Euro Clearing to Markets, Industry Tells EU
Top StoriesECB’s Visco Says Rate Hikes Must Be Gradual
Top StoriesInvestor Hedges Drive ECB Rate Hike Bets Beyond Forecasts
Top StoriesEuro Falls Back Towards 2017 Lows on Russian Energy Crisis
For Some European States, Rising Debt Costs Rekindle 2011 Crisis Memories
Date: May 10, 2022
By Dhara Ranasinghe LONDON (Reuters) – The rise in European bond yields is alarming some economists, who warn that Italy and Greece in particular do not have much wiggle room before their debt servicing burden starts rising, rekindling memories of the 2011-2012 euro debt crisis. Just five months into the year and even before the...
Euro Zone Investor Morale Slumps, Recession “becoming Visible”
Date: May 9, 2022
BERLIN (Reuters) – Investor morale in the euro zone fell in May to its lowest level since June 2020, a survey showed on Monday, dropping for the third month in a row as the impact of the war in Ukraine on Europe’s largest economy becomes increasingly clear. Sentix’s index for the euro zone fell to...
Euro’s Post Fed Glow Fades on Bleak German Industrial Orders
Date: May 5, 2022
By Saikat Chatterjee LONDON (Reuters) – The euro pulled back from a one-week high against the U.S. dollar on Thursday after German industrial orders fell more than expected in March, signalling Europe was facing growing headwinds from the war in Ukraine. The dollar had weakened after the Fed raised interest rates by 50 basis points....
Analysis-Euro Peers Over the Cliff at Dollar Parity as Recession Looms
Date: April 28, 2022
By Saikat Chatterjee LONDON (Reuters) – The euro’s drop to a five-year low is rekindling the possibility the currency will reach parity versus the dollar for the first time in two decades, as fears of a euro zone recession encourage investors to pile on the bearish bets. Russia’s move to cut off gas supplies to...
Analysis-Euro Peers Over the Cliff at Dollar Parity as Recession Looms
Date: April 27, 2022
By Saikat Chatterjee LONDON (Reuters) – The euro’s drop to a five-year low is rekindling the possibility the currency will reach parity versus the dollar for the first time in two decades, as fears of a euro zone recession encourage investors to pile on the bearish bets. Russia’s move to cut off gas supplies to...
Euro Hits 5-year Low After Russia Halts Gas; Stocks Stage Small Rebound
Date: April 27, 2022
By Tommy Wilkes LONDON (Reuters) – The euro dropped to its weakest since 2017 on Wednesday after Russia halted gas supplies to Bulgaria and Poland amid rising investor concerns for the regional economy, while stocks staged a small rebound after a mixed bag of corporate earnings. Russia’s decision to cut the gas flow to Bulgaria...