coronavirus pandemic

Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration

Dominant currencies and the limits of exchange rate flexibility

Faced with an unprecedented shock of collapsing global demand and commodity prices, capital outflows, major supply chain disruptions and a generalized drop in global trade, many emerging markets and ... Read More

UPDATE: Sterling rose against a weaker euro but fell versus the dollar

Sterling rose against a weaker euro but fell versus the dollar on Thursday after the $1.30 level reached late in the previous session did not hold, with Brexit and ... Read More
stock exchanges

European stocks were roughly flat on Wednesday; Earnings in focus

European stocks were roughly flat on Wednesday as countries around the world report rises in new coronavirus cases, while a fresh U.S. relief package hits an impasse in Washington. ... Read More
lithuanian Flag

What is ‘LBCOIN,’ the new Lithuanian state-backed cryptocurrency?

The ongoing COVID-19 pandemic has accelerated the development of digital currencies by central banks in a bid to encourage people to turn to cashless payments. One such project is ... Read More
europe flags

EU considers tax, emissions trading for carbon border plan

The European Union has laid out options for designing its plan to impose charges on imports of some goods to try to protect EU industry from being undercut by ... Read More

A steady decline in the dollar has accelerated in recent weeks

A steady decline in the dollar has accelerated in recent weeks, as a resurgent coronavirus outbreak in the United States and improving economic prospects abroad sour investors on the ... Read More
Police And Security Forces Patrol The City After Zaventem Airport And Brussels Metro Station Targeted By Deadly Bomb Blasts

Europe Bails Out Its Failed States with “Common” (i.e., German) Bonds

  The “European Project” was designed with something like the current crisis in mind. The adoption of a common currency was just the first, politically easiest, step in a ... Read More
european stocks

European stocks rose on Monday

European stocks rose on Monday, as optimism surrounding second-quarter earnings offset a disturbing rise in coronavirus cases, including in the key U.S. state of Florida. After edging up 0.4% ... Read More
A picture illustration shows U.S. 100 dollar bank notes and Japanese 10,000 yen notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao

Dollar in narrow range as U.S. virus cases grow

The dollar was hemmed into a narrow range on Friday, supported by safe-haven flows as a resurgence of the coronavirus in the United States discouraged some investors from taking ... Read More
pound symbol on the floor

Pound gains as dollar struggles

Sterling gained on Thursday as traders bought back into the currency following its recent run lower, although worries about a second wave of COVID-19 infections and negotiations over a ... Read More
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