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Wall Street banks expect the euro to climb past $1.20 soon

Wall Street is betting that the euro rally still has legs. The currency has already surged over 12% this year, and big-name banks now say that’s just the beginning. According to the Financial Times, ...
Financial Advisor

Wall Street Believes The Euro Rally Is Just Getting Started

The collective hive mind of Wall Street is backing a view that the euro rally is just getting started. With energy prices tumbling and calls for a region-wide recession falling to the wayside, a clear ...
Fox Business

Euro Developments, Soaring Dollar Slam Wall Street

Concerns regarding Europe's financial system slammed the euro, forcing the dollar to the highest level since March, and putting strong pressure on equities in the U.S. and abroad. Today's Markets As ...
Wall Street Journal

Euro Hurt by Strong Dollar, Weak Eurozone Economy But Could Recover

1429 GMT – The dollar’s rebound and the deteriorating economic activity in the eurozone hit the euro over the summer, but it still has the potential to rebound before year-end, Natixis Research ...
Wall Street Journal

Gold Surpasses Euro as Second-Largest Global Reserve Asset, ECB Says

Gold surpassed the euro as the second largest global reserve asset at market prices last year, the European Central Bank said. At the end of 2024, gold bullion made up around 20% of global official ...