Euro hovers as market focuses on ECB meeting
London
THE euro hovered near US$1.24 on Thursday as the dollar recovered after the White House said some countries could be exempted from planned US import tariffs, while traders awaited the outcome of a European Central Bank meeting later in the day.
All eyes will be on the ECB for clues about the speed and timing of monetary tightening and any signs it is starting to grow uncomfortable with the currency's strength. The euro trade-weighted ind…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Sony deal for Paramount would draw added regulatory scrutiny
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try
Honda to invest US$808 million in Brazil by 2030
US: Nasdaq, S&P tumble as Netflix, chip stocks drag