euro Archives - Page 2 of 2 - Financial Mirror

Turkish Cypriots eye euro as lira crumbles

Turkish Cypriots are eyeing a transition to the euro as the tumbling Turkish Lira is destroying their economy as they see their earnings vanish while inflation spirals. As prices for essential goods

11th December 2021

Cyprus

Eurozone inflation leads to 30% drop in Euro value

The buying power of one euro (1€) has depreciated by a whopping 30% between 2000 and 2020 from 1€ to 0.7€, according to data researched by Trading Platforms UK. This means that

23rd February 2021

Europe/Markets

Markets celebrate peaceful presidential transition with new record highs

By Hussein Sayed, Chief Market Strategist at FXTM Stocks hit an all-time high early Thursday on optimism that the new US administration will take bold steps in reviving growth and speed up

21st January 2021

Markets/World

Trump delivers a late Christmas gift, signs stimulus bill

By Hussein Sayed, Chief Market Strategist at FXTM Asian equities, along with US futures kicked off the final trading week of 2020 on a bullish note. Although he described the $900 billion

28th December 2020

Markets/World

Can ECB push the Euro lower?

By Hussein Sayed, Chief Market Strategist at FXTM The Euro has been one of the best performing major currencies this year, having appreciated 8% against the Dollar so far, while rebounding 14%

10th December 2020

Europe/Markets/World

US stocks: more bumps ahead? VIX above average, DXY battles Euro, Pound struggles

By Han Tan, Market Analyst at FXTM A gust of optimism is sweeping through equities with Asians stocks mostly higher, while US futures are climbing, despite Wall Street faltering on Thursday. Investors

11th September 2020

Markets/World

Greece’s membership of the single currency hindered economic growth

By Jim Leontiades The Greek economy has undergone spurts of economic growth as well as economic decline since it joined the euro in January 2002. This tells us little about its overall

2nd December 2019

Columnists/Comment