The Business Times
business-time-50
SUBSCRIBERS

Euro falls as dollar gains after recent sell-off

google-preferred-sourceAdd BT as a preferred source
Published Wed, Feb 28, 2018 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

London

THE euro fell to a six-week low on Wednesday after an upbeat assessment of the US economy by Fed chairman Jerome Powell boosted the dollar, while slowing eurozone inflation underlined the European Central Bank's caution in removing stimulus in the region.

After a strong start to the year in which investors speculated the ECB would withdraw stimulus as the region's economy recovered well, the euro has stumbled.

Currencies

Share with us your feedback on BT's products and services

Feedback

TRENDING NOW

DBS filed the bankruptcy application after serving statutory demands to the directors of Autobahn Rent A Car in December 2025.

Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS

The price tag for the Nassim Road GCB works out to nearly S$4,550 per square foot.

Nassim Road bungalow changing hands for S$64.9m 

The acquisition of Citigroup's retail banking businesses in Indonesia, Malaysia, Thailand and Vietnam has helped double UOB’s customer base across the four markets.

UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates

Loyang Valley sits on a 840,648 sq ft plot of land, which now houses 362 apartments.

Loyang Valley sold for S$880 million to SingHaiyi-led consortium

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More