The euro traded near a three-year low versus the dollar ahead of a highly watche...
TOKYO - The euro traded near a three-year low versus the dollar ahead of a highly watched German survey on Tuesday, which is expected to show a sharp slump in investor confidence and fuel growing pessimism about the outlook for Europe’s largest economy.
Sterling nursed losses against the dollar and the euro due to lingering worries about economic ties between Britain and the European Union as both sides laid out conflicting views on how to proceed with trade negotiations. “The euro is close to testing an important support level at $1.08 due to the diverging economic outlook between the euro zone and the United States,” said Junichi Ishikawa, senior foreign exchange strategist at IG Securities in Tokyo.
Prime Minister Boris Johnson’s Europe adviser David Frost said on Monday Britain will not be threatened into following EU rules to win a free trade agreement with the bloc.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Euro bears lurk as worries about economic outlook growThe euro traded near a three-year low versus the dollar ahead of a highly watche...
Read more »
Euro near three-year low on sluggish growth, yen steady despite weak GDPThe euro was on the back foot on Monday, as concerns mounted about weakening eco...
Read more »
Euro zone to cautiously pave the way for more fiscal stimulusEuro zone finance ministers are set to discuss on Monday a document that calls f...
Read more »
Euro bears lurk as worries about economic outlook growThe euro traded near a three-year low versus the dollar ahead of a highly watche...
Read more »
Japan's recession risks grow as economy skids in fourth quarter, virus clouds outlookJapan's economy shrank at the fastest pace in almost six years in the Decem...
Read more »
Euro zone to cautiously pave the way for more fiscal stimulusEuro zone finance ministers are set to discuss on Monday a document that calls f...
Read more »