Currency Market

Currency Market

A shopper pays with a ten Euro bank note at a local market in Aix-en-Provence, France, January 16, 2025. Photo: REUTERS/Manon Cruz/File Photo

Why the euro's rise to $1.20 is a big deal

Well, traders like big round numbers and $1.20 marks the latest milestone for a currency that surged roughly 13% last year -- its best year versus the greenback since 2017

Illustration: TBS

The US keeps printing money. Why can't we?

A U.S. hundred dollar bill and Japanese 10,000 yen notes are seen in this photo illustration in Tokyo, February 28, 2013. REUTERS/Shohei Miyano

Yen rallies vs dollar after BOJ rate check

A banknote of Japanese yen is seen in this illustration picture taken June 15, 2022. REUTERS/Florence Lo/Illustration/File Photo

History of Japan's intervention in currency markets

U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration

Dollar hits 5-week high on hawkish Fed before Jackson Hole

Plastic letters arranged to read "Inflation" are placed on US Dollar banknote in this illustration taken, June 12, 2022. REUTERS/Dado Ruvic/Illustration

Dollar slides further after US inflation surprise

U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration

Dollar loses steam, euro heaves sigh of relief ahead of ECB

Euro coins plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration

Euro is at parity; its fate is now with energy markets

A Euro banknote is displayed on US Dollar banknotes in this illustration taken on 14 February 2022. Photo: Reuters

Euro on the brink of breaching parity, stocks slide again

U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/File Photo

Safe-haven dollar bounces, Aussie slides as Snapchat sours mood

FILE PHOTO: British five pound banknotes are seen in this picture illustration taken November 14, 2017. REUTERS/ Benoit Tessier

Sterling hits new lows against dollar and euro

Despite much fear, Russia’s exclusion from SWIFT is yet to have any severe ramifications for the Western money market. PHOTO: REUTERS

Euro holds at one-month high, yen set for worst month since 2016

A picture illustration of US dollar, Swiss Franc, British pound and Euro bank notes, taken in Warsaw January 26, 2011. REUTERS/Kacper Pempel/File Photo

Dollar finds footing as traders brace for hawkish Fed