SUBSCRIBERS
Talk of parity with US dollar as euro skids
Published Thu, Dec 15, 2016 · 09:50 PM
London
THE euro skidded over one per cent to its lowest levels in 14 years on Thursday, as the US dollar soared across the board, opening up the possibility that the single currency could reach parity with the greenback in the coming months.
The single currency's break below its 2015 lows came after the US Federal Reserve hinted that interest rates cou…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Tesla cuts US prices by US$2,000 as sales slow, inventories swell
Volkswagen workers vote decisively to unionise in Tennessee
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