5 Things Cross-Border Sellers Need to Know About Foreign Exchange Multichannel Merchant
* This article was originally published here
Tuesday, March 31, 2020
March and First Quarter 2020 in Figures
Similar to February, the dollar’s net movements against the euro, yen, and Swiss franc were an oasis of stability amid the continuing financial market drama elsewhere. For the whole first quarter, the dollar was particularly well-bid against sterling and commodity-sensitive currencies like the Australian, New Zealand, and Canadian dollars. For central bank watchers, March was […]
* This article was originally published here
* This article was originally published here
Pound Euro (GBP/EUR) Exchange Rate Rises as Eurozone’s Inflation Falls in March
GBP/EUR Exchange Rate Edges Higher, Eurozone ‘Coronabonds’ Divide Sparks EU Fears
The Pound to Euro (GBP/EUR) exchange rate rose by 0.7% today, with the pairing currently trading around £1.129.
The Euro (EUR) following this afternoon’s release of the Eurozone’s preliminary core inflation report for March,...
* This article was originally published here
* This article was originally published here
Another Downturn in Stock Prices
Asian equities had a decent session with gains of 3.6% in India, 2.7% in Singapore, 2.2% in South Korea and 1.9% in Hong Kong, but Japan’s Nikkei closed down 0.9%. Conditions worsened in Europe, with equity market drops so far of 1.4% in France, 0.9% in Germany and 0.4% in France, and U.S. futures also […]
* This article was originally published here
* This article was originally published here
Monday, March 30, 2020
Monetary Policy Eased in Singapore
The semi-annual monetary policy review by officials at the Monetary Authority of Singapore cut the slope of the Singapore dollar’s allowed trading range to zero percent. This matches the slope allowed from April 2016 through April 2018. The center of the trading band will be is present level, and the width of the band remains […]
* This article was originally published here
* This article was originally published here
Pound Euro (GBP/EUR) Exchange Rate Edges Higher as German Recession Inevitable
Pound Sterling Euro (GBP/EUR) Exchange Rate Rises as German Recession Inevitable
The Pound Sterling Euro (GBP/EUR) exchange rate edged higher today, leaving the pairing trading at around €1.1198.
The single currency remained under pressure today, as Germany’s council of advisors warned that output in the country...
* This article was originally published here
* This article was originally published here