Tag Archives: euro

EURO 2020: Scotland aims to banish blight of sectarian songs

The most anticipated summer in Scottish soccer in a generation started with a public outbreak of perhaps its deepest-rooted problem. Before Glasgow hosts two national team games at the European Championship, the city witnessed the kind of religious sectarianism that … Continue reading

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government finances | Cryptos put India’s richie rich in a catch-22 situation, legality of transaction may be questioned

It’s a Catch-22 situation for wealthy Indians who bought Bitcoins from overseas markets and held them in offshore wallets as the fate of cryptos hangs in limbo in India. They are now in a quandary over how to account for, … Continue reading

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debt markets | A $150 billion corporate bond binge smashes records

Bond bankers from London to New York and Tokyo have never had such an abrupt transition from leisurely summer lunches to scarfing down sandwiches at their desks. September typically marks a return to busier issuance, but this year has been … Continue reading

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debt markets | SoftBank to raise $7.35 bn in offshore bond sale

TOKYO: SoftBank Group Corp said on Thursday it plans to raise $7.35 billion this month by selling U.S. dollar- and euro-denominated bonds, the Japanese conglomerate‘s first such foreign bond sale in three years. SoftBank plans to sell dollar bonds worth … Continue reading

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Currency Outlook: Greenback Mixed For Q2 Start

There have been four notable price action developments in the foreign exchange market:  The euro has pulled back from the attempt seen earlier this month on the $1.40 level. Sterling has recouped more than half of what it lost this … Continue reading

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Currency Outlook: Sell The Rumor, Buy ECB Fact?

The European Central Bank meeting is on June 5. It is among the most important economic events of the first half of this year and possibly the entire year. After much preparation and jawboning, the ECB is widely expected to … Continue reading

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EUR/USD – Weak GDP Numbers Push Euro Lower

The euro has resumed its downward trend on Thursday. In the European session, the pair is trading in the mid-1.36 range, its lowest level since late February. The slumping euro has surrendered over 350 points since coming close the 1.40 … Continue reading

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Populists Take Polls But Euro Remains Unmoved

Unlike the bank holiday weekend at the beginning of this month, the past few days have seen a lot worthy of comment especially the shifts in the dynamics of the European Parliament following the past week’s elections. It was widely … Continue reading

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EUR/AUD: The New Carry Trade

The euro is quickly becoming the funding side of carry trades with its recent interest rate cut and future prospects. The Australian dollar has always been a likely target currency for the carry trade, with its stability and relatively high … Continue reading

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NFP To Test The Dollar

Currencies Euro implied volatility picked up, climbing above 15% overnight as markets price is an eventful day ahead. The single currency, currently just below 1.3609 against the dollar, will be tested in today’s services PMI releases and subsequent ADP Non-Farm Payroll … Continue reading

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