Bank of France — News Archive

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Euro Crashes on Risk-Off Sentiment, Recoups Losses on Better Mood

The euro today fell against the US dollar during the Asian session, driven by the risk-off market sentiment that saw most Asian equity markets selloff. The EUR/USD currency pair recovered some of its losses during the European session despite the mixed releases from across the euro area.

Euro Rallies Higher Against US Dollar on Hawkish ECB Minutes

The euro today rallied higher against the US dollar after hawkish comments from the European Central Bank minutes released today. Weak initial jobless claims data from the US docket also contributed to the EUR/USD’s rally as it did not meet market expectations.

Is the Euro Still too Strong?

Euro has weakened quite a bit recently, but, even so, some European policymakers believe that the 18-nation currency is still too strong.

Euro Drops on Fears of Recession

The euro dropped today against the US dollar and the Japanese yen, extending its decline for the third straight trading day. The shared 17-nation currency managed to outperform the pound, almost erasing its weekly loss against the currency of the United Kingdom.

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