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Tag Archives: Euro

Euro falls below parity against U.S. dollar

Frankfurt, Germany | Xinhua | The Euro on Wednesday briefly slipped below parity against the U.S. dollar in intraday trading after data released by the U.S. Department of Labor showed that the Consumer Price Index (CPI) surged 9.1 percent from a year ago in June. The exchange rate on Wednesday plunged …

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Euro nearing five-year low stoking recession fears

The euro is within reach of five-year lows and seems increasingly will approach dollar-euro parity Rome, Italy | Xinhua | The euro has continued to weaken against the U.S. dollar, approaching its lowest level in five years, due mainly to the crisis in Ukraine and the sluggish economic growth in Europe. …

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20 years on, euro has yet to tap its int’l potential

Frankfurt, Germany | Xinhua | The euro, a currency shared by 19 European countries, has won overwhelming support among the 340 million Europeans since it went into circulation 20 years ago. The idea of a single currency for Europe, which originated in 1970 when policy makers in Europe hoped to achieve …

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Ronaldo makes history with double

🇭🇺 0 🆚 🇵🇹 3 Budapest, Hungary | XINHUA | Cristiano Ronaldo scored twice as Portugal produced a late show to kick off the defense of their European Championship title with a 3-0 win against Hungary in Budapest. The game looked to be heading for a draw as the Portuguese struggled to break down …

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U.S. dollar weakens following EU stimulus deal

New York, US | XINHUA | The U.S. dollar dropped noticeably in late trading on Tuesday as the euro extended gains after European Union (EU) leaders reached a deal on a massive stimulus plan for their coronavirus-battered economies. The dollar index, which measures the greenback against six major peers, fell …

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GROUP F: France, Portugal and Germany

Euro 2020 Group F: France 🇫🇷 Portugal 🇵🇹 Germany 🇩🇪 Bucharest, Romania | AFP | France face a major hurdle if they are to add the European Championship to their World Cup crown after coming out in the same Euro 2020 group as Germany and reigning European champions Portugal in …

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Ronaldo is 99-goal man

Ronaldo scores 99th Portugal goal as holders seal Euro 2020 spot Paris, France | AFP | Cristiano Ronaldo scored his 99th international goal as reigning champions Portugal secured their place at the Euro 2020 finals on Sunday with a 2-0 victory away to Luxembourg, while France ended their qualifying campaign …

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