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Finance

Euro falls to two-year low against dollar

January 3, 2025 Mariel Alumit

The euro has fallen to its weakest level against the US dollar in more than two years, reaching EUR/USD 1.03. The slump comes amid Germany’s continued economic stagnation and an EU-wide energy crunch. The euro […]

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Finance

Chinese yuan beats Euro, is 2nd most used currency in global payments system SWIFT

November 14, 2023 Mariel Alumit

As of September 2023, the yuan accounted for 5.8% of international payments, up from 4.82% in August, which is the highest share the Chinese currency has held in the last five years, according to SWIFT […]

Finance

Euro Falls Below Dollar The Daily Financial Trends

August 24, 2022 Mariel Alumit

On Monday, for the second time in just over a month, the euro fell below parity with the US dollar as fears of a recession in Europe build. The euro fell to as low as […]

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