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Articles in topic versus

CEE MARKETS-Forint hits record lows, Warsaw stocks rebound after rate cut

The Hungarian forint hit a record low versus the euro and most Central European stock indexes extended losses on Wednesday as central banks and governments in the region announced steps to ease the economic damage from the coronavirus. Borders were closed, businesses were ordered to shut down and major factories announced production halts across the region, confirming that the spreading of the virus will deliver a serious blow to Centr

[ reuters.com ] companyNews,

Take Five: 'Our currency, your problem' - all over again

The dollar juggernaut rolls on. The U.S. currency <=USD> has rocketed to a near three-year high versus the euro, a 10-month high against the yen and an 11-year peak versus the Aussie. This month alone it's added 2.5% against six currency peers. Economic indicators are reinforcing the U.S growth engine's outperformance. The United States has the highest bond yields among developed nations and its companies keep beating earnings forecasts. It's relative resilience to coronavirus damage m

[ reuters.com ] businessNews,

'Our currency, your problem': all over again

The dollar juggernaut rolls on. The U.S. currency <=USD> has rocketed to a near three-year high versus the euro, a 10-month high against the yen and an 11-year peak versus the Aussie. This month alone it's added 2.5% against six currency peers. Economic indicators are reinforcing the U.S growth engine's outperformance. The United States has the highest bond yields among developed nations and its companies keep beating earnings forecasts. It's relative resilience to coronavirus damage m

[ reuters.com ] businessNews,
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