Euro

LONDON, March 24 ― The euro fell sharply against a strengthening dollar today amid nervousness over banks, with better-than expected economic data failing ...

The euro sank 1 per cent to US$1.0722. With inflation still exceeding the Bank of Japan's 2 per cent target, the data will keep alive market expectations of a near-term tweak to its bond yield control policy, according to analysts. The safe haven yen was also in demand, up 0.85 per cent to 129.67 per dollar, touching a seven-week high. Risk aversion also sent sterling 0.6 per cent lower to US$1.2209, despite data showing the British economy was set to grow in the first quarter and confidence was growing. “The data were better than expected, but the mood in the market is risk aversion which is supporting another move back to the safe haven dollar,” she added. Flash Purchasing Managers' Index (PMI) data failed to lift the single currency as sentiment in markets were fragile with European banks falling 5.3 per cent.

LONDON — The euro fell sharply against a strengthening dollar on Friday amid nervousness over banks, with better-than expected economic data failing to ...

The euro sank 1% to $1.0722. Article content

Just a week after touting its improving financial performance, Deutsche Bank on Friday is under siege. It's the second big European bank with a large ...

We are well equipped to help clients navigate challenging conditions and set Deutsche Bank on a course for sustainable growth and returns to shareholders,” he added. That could put more pressure on the economy, raising the risk for a recession that many economists already saw as likely. That turmoil is clouding the outlook for what the Federal Reserve will do with interest rates after hiking them to market-rattling heights over the last year. Deutsche Bank shares were off 14% in early afternoon trading on the German stock exchange. Investors also are worried that more banks might suffer a debilitating exodus of customers following the second- and third-largest U.S. banks and jitters about long-running troubles at Credit Suisse led shares of Switzerland’s second-largest bank to tank and customers to pull out their money last week.

Foreign exchange markets are therefore beholden to banking sector developments ahead of the weekend as Deutsche Bank shares slump more than 10% and its credit- ...

"We are relatively relaxed in view of Deutsche’s robust capital and liquidity positions." "There is no reason to be concerned about it." At the time of writing the Pound to Euro exchange rate is at 1.1364, having been as low as high as 1.1394 earlier, the Pound to Dollar exchange rate is at 1.2223, having been as low as 1.2190 earlier. EUR/GBP copied the EUR/USD-move south, with the pair returning below 0.88." "The European source of today’s uncertainty and general risk aversion call an end to EUR/USD’s recent rally. EUR/USD currently changes hands around 1.0750 from an open around 1.0825.

Euro zone yields fell as investors anticipate fewer rate hikes from the European Central Bank, while lingering banking stability concerns boost demand for ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Germany's 10-year government bond yield, the bloc's benchmark, fell 10 basis points to 2.08%. [India’s Return to Normalcy has a Price & Households are Paying It](/epaper/delhicapital/2023/mar/24/front-page/indias-return-to-normalcy-has-aprice-households-are-paying-it/articleshow/98952658.cms) [Vedanta Likely in Talks to Sell 10% in India Unit](/epaper/delhicapital/2023/mar/24/front-page/vedanta-likely-in-talks-to-sell-10-in-india-unit/articleshow/98952663.cms) [Sebi Set to End Permanent Board Positions](/epaper/delhicapital/2023/mar/24/front-page/sebi-set-to-end-permanentboard-positions/articleshow/98952655.cms) European shares fell after U.S. With debt repayments up to $2 billion maturing by June, billionaire Anil Agarwal-led Vedanta Resources Ltd (VRL) has reached out to investors for a strategic stake sale of up to 10% in India-listed Vedanta Ltd (VEDL), said people with knowledge of the matter. stocks turned red overnight before clawing their way back to positive territory in the final hour after U.S. [inflation](/definition/inflation), the world's top central banks are openly contemplating an early end to their rate hikes, not least because of financial turmoil in recent weeks. "It is too early to draw conclusions on the impact of the recent banking turmoil on the inflation outlook, as this will depend on the still-uncertain implications for final demand and the ECB's reaction," said Citi economist Giada Giani. [Euro](/definition/euro)zone yields fell with investors betting on fewer rate hikes from the European [Central Bank](/central-bank-of-india/stocks/companyid-11944.cms), while lingering banking stability concerns boosted [demand](/definition/demand)for safe-haven assets.

Banking stocks plunged in Europe with heavyweights Deutsche Bank and UBS Group pummelled by worries that the worst problems to hit the sector since the 2008 ...

EUR/USD has reversed its direction and declined below 1.0850 after having reached its highest level since early February at 1.0930 on Thursday. The pa.

Shares opened down more than 6% on Friday and at the time of writing are trading off -6.8% at $8.99. The pair remains on track to end the week modestly higher. The author makes no representations as to the accuracy, completeness, or suitability of this information. The US Dollar has lost some strength with Wall Street's main indexes rebounding from opening lows, allowing the pair to limit its losses. The author has not received compensation for writing this article, other than from FXStreet. In case the pair falls below that level and starts using it as resistance, the downward correction could extend toward 1.0760 (Fibonacci 38.2% retracement) and 1.0720 (50-period SMA). The author will not be held responsible for information that is found at the end of links posted on this page. As the divergence between the Federal Reserve's and the ECB's outlook become more apparent, EUR/USD's downside is likely to remain as technical corrections, at least in the near term. As of writing, the CME Group FedWatch Tool's probability for one more 25 bps Fed rate hike in May stands at 33.5%. Market participants are likely to pay close attention to comments on wage inflation, especially in the service sector. Nevertheless, the market positioning regarding the next During the American trading hours, however, the pair lost its traction as Wall Street's main indexes retreated from session highs, helping the USD limit its losses.

The Euro has held its ground against the US Dollar, allowing prices to recover from February's losses. Can EUR/USD break free from the current zone of ...

[EUR/USD](https://www.dailyfx.com/eur-usd)clings to the 50-day moving average (MA) as [prices](https://www.dailyfx.com/topics/inflation)struggle to break free from a broader range of support and resistance. This was followed by a sharp pullback that saw EUR/USD retest support at the March low of 1.0523 before heading higher. As the ECB (European Central Bank) remains committed to raising rates until inflation shows significant signs of easing, higher rates have contributed to the recent move. [Price Action](https://www.dailyfx.com/education/price-action), [Chart Patterns](https://www.dailyfx.com/education/price-action)and [Moving Averages](https://www.dailyfx.com/education/moving-averages), Check out the [DailyFX Education Section](https://www.dailyfx.com/education). However, after falling to prior support at 1.0524 on 8 March, the collapse of SVB (Silicon Valley Bank) and Signature Bank raised concerns about the health of the US banking system. While the Federal Reserve hiked rates aggressively throughout last year, market participants have been anticipating a slower pace of tightening or a near-term pivot. After rising above trendline resistance (taken from the 2021 high) in January, a weaker Dollar and a hawkish ECB (European Central Bank) allowed Euro to gain against the greenback. [@Tams707](https://twitter.com/Tams707) [DailyFX](https://www.dailyfx.com) provides forex news and technical analysis on the trends that influence the global currency markets. [Economic Calendar](https://www.dailyfx.com/economic-calendar) [Tammy Da Costa](https://www.dailyfx.com/authors/Tammy_Da_Costa) using TradingView [Euro](https://www.dailyfx.com/eur)eases after failing to break above 1.090 [US Dollar](https://www.dailyfx.com/us-dollar-index)remains vulnerable diminishing [growth](https://www.dailyfx.com/topics/gdp-news)forecasts and a higher probability of a recession. [USD](https://www.dailyfx.com/usd) has been on a steep uptrend since September 2022, driven by a hawkish ECB (European Central Bank) and a weaker Dollar.

The Euro has shown itself to be somewhat wanting, because even though we have seen a lot of bullish pressure early in the week, the post-FOMC reaction has ...

Euro zone yields fell as investors anticipate fewer rate hikes from the European Central Bank, while lingering banking stability concerns boost demand for ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Germany's 10-year government bond yield, the bloc's benchmark, fell 10 basis points to 2.08%. [India’s Return to Normalcy has a Price & Households are Paying It](/epaper/delhicapital/2023/mar/24/front-page/indias-return-to-normalcy-has-aprice-households-are-paying-it/articleshow/98952658.cms) [Vedanta Likely in Talks to Sell 10% in India Unit](/epaper/delhicapital/2023/mar/24/front-page/vedanta-likely-in-talks-to-sell-10-in-india-unit/articleshow/98952663.cms) [Sebi Set to End Permanent Board Positions](/epaper/delhicapital/2023/mar/24/front-page/sebi-set-to-end-permanentboard-positions/articleshow/98952655.cms) European shares fell after U.S. With debt repayments up to $2 billion maturing by June, billionaire Anil Agarwal-led Vedanta Resources Ltd (VRL) has reached out to investors for a strategic stake sale of up to 10% in India-listed Vedanta Ltd (VEDL), said people with knowledge of the matter. stocks turned red overnight before clawing their way back to positive territory in the final hour after U.S. [inflation](/definition/inflation), the world's top central banks are openly contemplating an early end to their rate hikes, not least because of financial turmoil in recent weeks. "It is too early to draw conclusions on the impact of the recent banking turmoil on the inflation outlook, as this will depend on the still-uncertain implications for final demand and the ECB's reaction," said Citi economist Giada Giani. [Euro](/definition/euro)zone yields fell with investors betting on fewer rate hikes from the European [Central Bank](/central-bank-of-india/stocks/companyid-11944.cms), while lingering banking stability concerns boosted [demand](/definition/demand)for safe-haven assets.

France's new captain lives up to expectations in 4-0 victory. Read more at straitstimes.com.

The Dutch had an early chance in the second half with a Depay free kick but that was as close as they got with Upamecano and Konate marshalling the French central defence. The visiting defence then made a dog’s dinner of Griezmann’s free kick and Upamecano bundled the ball home to double the advantage in the eighth minute. The result was a slap in the face for Ronald Koeman in charge of his first match since he took over from Louis van Gaal, after the Oranje reached the World Cup quarter-finals in Qatar, for his second stint after a first spell from 2018-2020.