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Euro Climbs to Parity With Swiss Franc for First Time Since July.

Authors :
Andrianova, Anya
Source :
Bloomberg.com; 1/11/2023, pN.PAG-N.PAG, 1p
Publication Year :
2023

Abstract

The warmer weather gave investors confidence to bet on the euro as ECB officials indicated more rate hikes are needed for inflation to return to the target. (Bloomberg) -- The euro rose to parity versus the Swiss franc for the first time since July as improved risk appetite and hawkish signals from the European Central Bank helped boost demand for the common currency. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
161251529