Categories: Business

Foreign exchange markets – ECB policy the Euro a boost to economy

The Euro has gained in the last trading week significantly. The rate of the common currency climbed to just under 1.14 against the Dollar, to $ 1.10 previously. The Euro benefits from the current weakness of the dollar due to political unrest in the United States, on the other hand, from the extension of the economic stimulus programs of the European Central Bank. The ECB has increased its Corona-notkauf program for bonds strongly to 1.35 trillion euros. Normally a loosening of monetary policy burdens tends to be a currency. According to the assessment of Ulrich man Light, currency expert at Commerzbank, can reverse the effect on the exchange rate in a unique crisis: “Because of the hope of improvement – by this policy – is dominated by the direct consequences.”

Vinay Mukhtar

Vinay Mukhta (Vinny) is passionated and known for raising capital, growth hacking and strategic planning (financial, company structuring,). He has 10 year experience in financial and blockchain domain.

Recent Posts

Skybridge Cars Launches Safe Rides for the Halloween Partygoers Across London

The UK’s First Haunted Taxi Ride Meets Family Pumpkin Tours in October 2025 London, UK,…

2 hours ago

Sky Bridge Cars Launches Fixed-Fare Event Transfer Solutions at The O₂ in London

London, UK, 10th October 2025, ZEX PR WIRE, Sky Bridge Cars today announced expanded private-hire transportation…

4 hours ago

Sharjah Award for Public Finance Opens the Third Arab Financial Forum in Tangier

Sharjah, UAE, 10th October 2025, The third edition of the Arab Financial Forum for the…

13 hours ago

Future Blockchain Summit x Fintech Surge Returns to Power the Next Era of Digital Assets

Dubai, UAE, 10th October 2025, ZEX PR WIRE, As the global digital finance evolution accelerates, Future…

13 hours ago

Go Green Global Technologies to Launch AI Application “Snap Your Drop, Get Token” Soon!!

Hong kong, October 10th, 2025, ZEX PR WIRE, Hong Kong-based tech company, Go Green Global…

13 hours ago

Blockchain Life 2025 in Dubai: World Crypto Leaders Gather for the 15th Anniversary Forum Featuring Akon’s Exclusive Performance

The 15th Anniversary Blockchain Life Forum — one of the world’s largest events dedicated to cryptocurrencies, Web3,…

22 hours ago