Draghi brushes off Trump accusation of currency manipulation

By |junij 19th, 2019|Dollar, Donald Trump, ECB, euro, Mario Draghi, News, quantitative easing|

European Central Bank chief Mario Draghi said Tuesday (18 June) that the institution “doesn’t target the exchange rate”, shrugging off an allegation of currency manipulation from US President Donald Trump. “We have our remit. We have our mandate. Our mandate...

Komentarji so izklopljeni za Draghi brushes off Trump accusation of currency manipulation

Russia ditches dollar, opts for euro and yuan

By |januar 11th, 2019|China, Dollar, euro, News, Russia, US sanctions, yuan|

A report by the Bank of Russia published late on Wednesday (9 January) reveals that the country dumped $101 in US holdings from its reserves, shifting into euros and yuan last spring amid a new round of US sanctions.

Komentarji so izklopljeni za Russia ditches dollar, opts for euro and yuan

EU claims stronger role for its currency despite flawed monetary union

By |december 6th, 2018|Capital Markets Union, Dollar, Economic and Monetary union, euro, News, Wopke Hoekstra|

The European Commission presented on Wednesday (5 December) a strategy to strengthen the international role of the euro days after member states continued to drag their feet to complete the economic and monetary union.

Komentarji so izklopljeni za EU claims stronger role for its currency despite flawed monetary union

Russian oil firm seeks payments in euros amid US sanction threat

By |september 20th, 2018|Dollar, euro, Jean-Claude Juncker, News, Russia, State of the union 2018, US sanctions|

Russian oil producer Surgutneftegaz is pushing buyers to agree to pay for oil in euros instead of dollars if the need arises, apparently as insurance against possible tougher US sanctions, traders who deal with the firm told Reuters.

Komentarji so izklopljeni za Russian oil firm seeks payments in euros amid US sanction threat

Juncker to propose breaking dollar’s dominance in global markets

By |september 12th, 2018|Dollar, European Parliament, Jean-Claude Juncker, migration policy, News, SOTEU, State of the Union|

European Commission President Jean-Claude Juncker is expected to propose today a bigger role for euro in international markets and more efficient decision-making in EU foreign policy in his state of the union speech, European diplomats said.

Komentarji so izklopljeni za Juncker to propose breaking dollar’s dominance in global markets