euro

Description The Maastricht inflation criterion has influenced the choice of disinflation strategies of prospective euro area member countries. Some historically high-inflation countries chose the fiat disinflation strategy of “low inflation now, reforms later,” bringing inflation down quickly...

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Meanwhile, in the Euro-zone, a report showed that the region’s Markit manufacturing PMI rose to a level of 51.3 in October, less than market expectation for a rise to 51.4 from a reading of 51.1 registered in the previous month. However, Markit service and composite PMI declined unexpectedly to...

Copper has moved higher on Tuesday supported by rise of Euro and some bottom fishing after a sharp correction. The three month prices of LME Copper were trading at $ 7370 per tonne in early Asian trades compared to $ 7296 per tonne on Monday. Dollar moved lower against the Euro last night and...

Weekly Price Performance Euro ended 0.2 percent higher week on week. The currency touched a weekly high of 1.3308 and closed at 1.3185 on Friday. Factors that influenced movement in the Euro Standard & Poor’s raised credit rating of the Greece from selective default supported an upside in the...

The BSE Sensex rallied 325 points to 17,670.91 on support from global markets. Currencies too strengthened against the American dollar; the Indian rupee appreciated 26 paise to 55.40 to the US dollar and Euro moved up 0.3% to 1.267 to the US dollar. European markets extended rally for the...

TOKYO: The yen languished at five-week lows versus the dollar on Monday after a surge in U.S. bond yields last week, while the euro was sluggish versus the dollar in subdued trade where the ebb and flow of euro zone optimism was seen continuing to drive markets. The dollar rose as high as...

Make no mistake: Although the headlines have cooled off a bit, the real problems have NOT been solved at all. In fact … Currency Expert Jack Crooks Says the Euro Is Doomed! According to Jack, it all boils down to one major factor: Germany. Whether the euro survives or perishes depends on...

A sharp rise in Spain's borrowing costs on Thursday sent the single currency lower as fears rose that a full sovereign bailout was inevitable, but European shares hit 11-weeks highs as second-quarter company results lifted sentiment. Despite all the efforts by Madrid to cut its budget deficit...

The rupee ended off the day's lows on Monday, tracking a modest recovery in the euro, but outlook for the local unit continues to stay bleak amid weakening macro-economic fundamentals and tapering foreign fund inflows. The partially convertible rupee closed at 49.15/16 per dollar, off the...

European Union, which comprises of many countries, is the largest trade block formed but only 13 countries are using the common currency Euro. When do you think that the remaining countries will implement this?

ADVANTAGE OF THE EURO European decided to establish a single currency in the Eu for a number of reasons. First, they believe that business and individuals will realize significant savings from having to handle one currency rather then many. For example people going from Germany to France...

EURO In December 1991, leaders of the EC member states met in maastrich, the Netherlands, to discuss the next steps for the EC. The result of the mastrich meeting surprised both Europe and the rest of the world. For months the countries of the EC had been fighting over the issue of the...

Euro currency Markets While opening up of the domestic markets began only around the end of seventies, a truly international financial market had already been born in the mid-fifties and gradually grown in size and scope during sixties and seventies. This refers to the well-known...