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PARIS (AFP) — Cristiano Ronaldo marked his 200th international appearance with the winner as Portugal beat Iceland 1-0 in Euro 2024 qualifying on Tuesday, while Erling Haaland netted twice for Norway. Elsewhere, Belgium brushed aside the Thibaut Courtois captaincy row by seeing off Estonia thanks to a Romelu Lukaku double in Tallinn and Moldova came from two goals down to stun Poland. Portugal appeared to be heading towards a drab goalless draw in Reykjavik until […]
HONG KONG, China (AFP) — The euro, pound and yen all held their gains against the dollar Thursday and equities rose as traders grow increasingly hopeful the Federal Reserve will slow its pace of interest rate hikes Hong Kong led the gains thanks to a surge in tech firms, extending a recovery from Monday’s rout that was fueled by worries of Xi Jinping’s tightened grip on power in China. After a painful year for markets […]
PARIS, France (AFP) — The euro sunk below $0.99 on Monday, a 20-year-low, following the announcement last week that Russia would cut off gas deliveries to Germany via the Nord Stream pipeline. The euro fell 0.70 percent to 0.9884 dollars Monday at 0535 GMT, its lowest since December 2002. The European currency has continued to weaken against the dollar since the start of the year, hammered by economic turbulence and uncertainties sparked by Russia’s invasion […]
HONG KONG, China (AFP) — Asian markets fell Monday after last week’s volatility, but the euro held gains following healthy economic data and on hopes German Chancellor Angela Merkel is close to forming a government. Investors ignored another strong lead from Wall Street, where the S&P 500 and Nasdaq chalked up fresh records on optimism for strong sales on Black Friday and Cyber Monday — the two major post-Thanksgiving shopping days. With little to drive […]
HONG KONG, China (AFP) — Asian markets extended gains Tuesday while the euro held up following Emmanuel Macron’s first round presidential election win in France, with investors now looking forward to United States President Donald Trump’s promised tax reforms. Global markets soared Monday after Macron topped the initial polls and looked well on course to beat hit run-off rival, far-right candidate Marine Le Pen, next month. There had been fears a win for the anti-European, […]
by Hiroshi HIYAMA Agence France Presse TOKYO, Japan (AFP) — The euro rose sharply Monday as markets breathed a sigh of relief over French presidential election projections that showed centrist candidate Emmanuel Macron taking a lead over far-right eurosceptic Marine Le Pen. In early Asian trading, the European single currency was at $1.0879, against $1.0726 on Friday at 2100 GMT. It had run up as high as $1.0937 earlier, up about two percent from Friday. […]
Graphic showing the performance of the euro vs the dollar as US election results are announced.
American tourists in Paris said on Monday (March 16) that they were more likely to travel to Europe since the euro’s slide towards parity with the dollar, and that once in Europe they were likely to make more purchases. “You don’t feel like you’re spending quite so much. And it’s almost one to one in a way right now between the U.S. dollar and the euro, so it’s also very easy to convert in your […]
(Reuters) – The euro was deep under water on Friday, having suffered its steepest fall in three years after the European Central Bank stunned markets by cutting interest rates and embarking on a trillion-euro asset-buying binge. The aggressive shift sent short-term bond yields into negative territory in Germany, France, the Netherlands and Austria, giving investors an overwhelming incentive to sell euros for higher-yielding assets elsewhere. That stood in stark contrast to the United States, where upbeat data […]
(Reuters) – Asian share markets were in hesitant mood on Wednesday as investors keep a wary eye on interest rates in China, though the euro left the dollar in its dust after more soft U.S. economic data. The action was light, with MSCI’s broadest index of Asia-Pacific shares outside Japan barely changed and Australia up a slim 0.3 percent. Shanghai stocks were flat while Seoul lost 0.6 percent. Japan’s Nikkei pared its early losses to […]
