Page 5 - Euro

Euro drops after ECB's mixed comments; dollar hits fresh 25-month high

ECB President Christine Lagarde struck a dovish tone by saying the central bank might need to cut its growth outlook

Dollar stands tall as US Federal Reserve eyes 50-basis-point hike

Federal Reserve Chairman Jerome Powell said on Thursday a 50-basis-point hike was on the table at its next meeting in May

Euro hovers near two-year low vs dollar as ECB disappoints markets

The European single currency fell to $1.0758, the lowest level since April 2020. It was last down 0.53% at $1.0827

Euro hits two-year low vs dollar as ECB seen in no rush to hike rates

Lagarde said there was no clear timeframe for when rates would start to rise, adding it could be weeks or even several months after the end of stimulus

Euro turns negative as ECB confirms plans to end bonds buys

Interest rates will, however, only go up "some time" after the end of bond buys and they will be gradual, the ECB added

Euro boosted by Macron lead in French election, dollar near two-year highs

U.S. Treasury yields have soared on expectations of more aggressive tightening by the Federal Reserve, boosting the greenback

Euro gains respite from Macron's French election lead

Meanwhile, the dollar has been pushed higher by rising U.S. yields and expectations the Federal Reserve will act quickly to stem inflation

Macron lead in French election lends a hand to the euro ahead of ECB

The euro briefly flickered as high as $1.0955 in thin early hours of the Asia session, before settling about 0.15% higher than Friday's close at $1.0890. It was also firmer on sterling and the yen.

Dollar riding high after index hits 100 for first time in nearly two years

The dollar index rose as high as 100 in early European trading hours, its best level since May 2020. It later lost some momentum and was last broadly flat at 99.844.

Russia to make debt payment in rubles, which may cause default

Russia said Wednesday that it made a debt payment in rubles this week, a move that may not be accepted by Russia's foreign debtholders and could put the country on a path to an historic default

Euro slips to month-low as West prepares new Russia sanctions

The dollar index, which measures the greenback against six peers, rose 0.12% to 99.600, after touching its highest since May 2020 of 99.759

Commodity currencies gain, led by Australian dollar; euro falls

Commodity currencies rallied in choppy trading on Tuesday led by the Australian dollar, boosted by the prospect of policy tightening by the Reserve Bank of Australia (RBA), while the euro fell.

Euro feels weight of French election concerns, more Russia sanctions

The euro's biggest losses on Tuesday were against the Swedish crown and Swiss franc, with falls of 0.4% and 0.2% respectively

Euro wallows on Ukraine sanctions worries, Aussie calm before RBA

By Kevin Buckland

Euro weighed down by talk of fresh sanctions against Russia

The euro has been weighed down by worries about the economic damage from war in Ukraine and last bought $1.1047, not too far from last month's almost two-year trough of $1.0806.

Putin proposes procedure to continue gas payments in euros: Germany

Russian President Vladimir Putin has told German Chancellor Olaf Scholz that European partners can continue paying for Russian gas in euros, a government statement said

Euro holds at one-month high, yen set for worst month since 2016

The European single currency was at $1.1175 holding its highest in a month, having gained 1.7% so far this week.

Euro rises vs dollar as eurozone inflation fans rate hike expectations

The dollar index, which measures the greenback against a basket of six peer currencies, was down 0.57% at 97.861 at 2:20 p.m. Eastern Daylight Time, having earlier touched its lowest level since March

Dollar eases, euro rises on hopes of progress in Ukraine peace talk

The dollar fell against a basket of peer currencies on Tuesday as reports of progress in peace talks between Russia and Ukraine lifted the euro

Russia launches Eurobond rouble buyback offer on looming $2 bn bond payment

Russia has offered to buy back dollar bonds maturing next week in roubles in a move seen by analysts as helping local holders of the $2 billion sovereign issue receive payment