You are here


Euro falls as risk appetite stabilises

Wednesday, January 6, 2016 - 05:50

Very low inflation and modest growth will likely define the eurozone economy at least until the end of next year, a Reuters poll found, with only a slim chance the European Central Bank will increase its monthly bond purchases.


THE euro fell towards a one-month low against the US dollar on Tuesday, as risk appetite stabilised following a volatile Monday when weak Chinese data and a breakdown in relations between Saudi Arabia and Iran prompted a stockmarket sell-off.

The US dollar had hit an 11-week

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom