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Currency News

The euro could rally to $1.30 within 12 months, says currency strategist

11 May 2018 14:18MarketWatch
The euro may make a charge at $1.30 over the next 12 months, aided by a depreciating U.S. dollar, strong buying support from other central banks and an anticipated change in European Central Bank's policy posture, finally kicking off its policy ... more

Asus to pay 65m euro settlement for price manipulation

11 May 2018 12:08Nikkei Asian Review
TAIPEI -- Taiwan's Asustek Computer, known as Asus, on Friday said it reached an agreement with the European Union to pay about 65 million euros ($77.6 million) to settle allegations of price manipulation in its PC business in Europe. "Although it is a ... more

Draghi Presses for Euro-Area Fund as Crisis Buffer

11 May 2018 10:45Bloomberg
European Central Bank President Mario Draghi stepped up his call for a euro-area fund to make sure countries don't drift apart in future crises. more

Nascent Czech Government Pledges Cheaper Beer, No Euro Adoption

11 May 2018 09:15Bloomberg
In the document, published by the CTK news service late on Thursday, the two former coalition partners pledged not to pursue euro membership because they want to keep the country's independent monetary policy and avoid the costs and economic risks ... more

EU Should Use Iranian Situation To Emboss Euro As A Benchmark Currency

11 May 2018 09:02Forbes
It is not every day that you get an opportunity of a lifetime but when you have it, one should not miss that. The European Union clearly has this at their doorstep and they should thank the president of the United States, Donald Trump, for deciding to ... more

Tajani warns compatriots against exiting the euro

11 May 2018 08:52EURACTIV
Speaking at the event, European Parliament President Antonio Tajani strongly warned Italy against exiting the euro. Tajani, a politician from Silvio Berlusconi's Forza Italia, was seen until recently as the prime minister of a new Italian government ... more

EU facing CRISIS as Italy's potential next finance minister wants to 'DEMOLISH ...

11 May 2018 05:07Express.co.uk
Lega's head of economic policy could become Italy's top finance boss following the announcement eurosceptic Five Star Movement leader Luigi Di Maio and Lega leader Matteo Salvini agreed to form a post-election coalition spelling trouble for the ... more

Pound V euro: GBP exchange rate recovers after BoE-triggered crash

11 May 2018 04:11Express.co.uk
Mr Broadbent's remarks may have restored some degree of faith among pound traders, again fuelling today's gradual recovery against the euro. The latest Eurozone data hasn't been too supportive, with Irish consumer confidence falling and the year-on ... more
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