The Euro Zone Needs More Risk Sharing, But Fewer Risks

The Euro Zone Needs More Risk Sharing, But Fewer Risks

French President Emmanuel Macron and German Chancellor Angela Merkel say they want to make the common currency area more resilient and adaptable, but their two countries have traditionally disagreed over how that should be achieved. Can crack economists from the relevant countries solve the problem for them? They are giving it a shot — but […]

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Hungary forint easing versus euro fizzles out at 312 again

Hungary forint easing versus euro fizzles out at 312 again

Hungary’s forint started Wednesday trading at around 312 versus the euro, which means it remains glued to this level. Meanwhile, Japan’s yen eased on the back of a remark by a central banker, while Turkey’s lira kicked off the day by some appreciation. EUR/HUF was quoted at around 311.90 to the euro on Wednesday morning, […]

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Euro at Risk if PMI Data Stumbles, Confident BOE May Lift Pound

Euro at Risk if PMI Data Stumbles, Confident BOE May Lift Pound

Talking Points: Euro at risk if disappointing PMI data cools ECB tightening speculation Pound may rise as hawkish BOE rhetoric compounds Brexit-linked gains US Dollar looks to January’s FOMC meeting minutes to extend recovery The preliminary set of February’s Eurozone PMI surveys is also due to cross the wires. The region-wide composite gauge is expected […]

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S&P 500 Vs. Euro Stoxx 600 And Exchange Rates

S&P 500 Vs. Euro Stoxx 600 And Exchange Rates

Today is an important day for equities. After a sharp sell-off earlier this month, stocks staged a recovery last week. The recovery has stalled near retracement objectives, which could be a potential turning point in the market. The Dow Jones Stoxx 600 peaked on January 23 and dropped about 9% through February 9. Through yesterday, […]

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Mercialys: Successful Euro 300 Million Bond Issue

Regulatory News: Mercialys (Paris:MERY) has today successfully issued an 8-year Euro 300 million bond. This operation is for general corporate purposes and enables Mercialys to secure the future redemption of the Euro 479.7 million bond issue maturing in March 2019. It follows the Euro 150 million private placement carried out in November last year. The […]

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Latvia exposes euro zone's money-laundering holes

Latvia exposes euro zone’s money-laundering holes

Latvia exposes euro zone’s money-laundering holes – Breakingviews ⚠ Breakingviews.com requires the use of cookies. Please enable cookies in your browser settings. The U.S. has accused the country’s third-largest bank of busting North Korean sanctions. This triggered outflows and an ECB payment freeze. Euro members Malta and Cyprus have also faced criticism for poor oversight. […]

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New favourite way to short dollar has yen replacing euro

The rally that’s made the yen 2018’s top performer among developed-market exchange rates will extend as speculators pick the Japanese currency over the euro to ride the US dollar’s weakness, say analysts.Piggybacking on an economy that’s expanded for eight straight quarters, the yen has stolen the limelight from the euro this year. The single currency’s gains […]

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Lithuania’s Central Bank Investigates 100 Million Euro Bankera ICO

Lithuania’s Central Bank Investigates 100 Million Euro Bankera ICO

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Lithuania’s central bank has launched an investigation into a domestic initial coin offering (ICO), which it says has violated the country’s securities laws. According to a statement dated Feb. 15, the Lietuvos Bankas has opened a probe into blockchain financial services startup […]

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Euro zone consumer confidence falls in February from 17-year high

Euro zone consumer confidence falls in February from 17-year high

BRUSSELS (Reuters) – Euro zone consumer confidence fell by more than expected in February from a 17-year high in January, a flash estimate for the European Commission showed on Tuesday. The Commission said that consumer sentiment fell to 0.1 points from a revised 1.4 points in January. Economists polled by Reuters had on average expected […]

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Bulgaria

Bulgaria’s Formoplast shareholders authorise board to issue 10 mln euro bond

Author: Ken Teegardin. License: Creative Commons, Attribution 2.0 Generic. SOFIA (Bulgaria), February 20 (SeeNews) – Bulgarian plastic and rubber products manufacturer Formoplast [BUL:4F8] said on Tuesday its shareholders have authorised the board of directors to issue corporate bonds worth up to 10 million euro ($12.4 million). Formoplast’s board of directors now has the right to […]

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Some money managers are wagering the Japanese currency will strengthen further. — Reuters pic

New favourite way to short the dollar has yen replacing euro

Some money managers are wagering the Japanese currency will strengthen further. — Reuters picTOKYO, Feb 20 — The rally that’s made the yen 2018’s top performer among developed-market exchange rates will extend as speculators pick the Japanese currency over the euro to ride the US dollar’s weakness, say analysts. Piggybacking on an economy that’s expanded […]

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EUR/USD 1H Chart

Potential of Euro Reversal Higher Near Term

The returns of American investors will increase volumes in forex and create the possibility of reversals near term. Euro Weaker in Early Trading The short-term range of the Euro has not been for the faint of heart. This morning the Euro is near 1.2360 versus the U.S Dollar, after coming off of highs seen last […]

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