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• Eurozone economic confidence declined to a two-year low in October, data from the European Commission revealed Friday, as confidence levels dropped in industry and services, but picked up slightly for construction and retail trade. The index fell to 92.5 points from 93.6 in the previous month, in line with analyst expectations. On a related note: The common currency region’s Final Consumer Confidence Index came in at -27.6 in October, matching expectations and ga...Devamını Oku
31 Eki 2022
• The euro is on the verge of US dollar parity for the first time since 2002, as Europe's common currency sank to a five-year low — and is likely to hit parity in 2022, according to HSBC Holdings and RBC Capital, Bloomberg reported. via Bloomberg On the other hand: A UniCredit strategist, Roberto Mialich, suggests that the euro could climb back above $1.10 during 2023, as the Fed cuts back on rate hikes.
16 May 2022