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

XRP Has Become A Golden Entry Point – Ripplecoin Mining Converts XRP Into Daily Income

Toronto, Canada, 18th August 2025, ZEX PR WIRE, In the ever-changing cryptocurrency market, opportunities often…

6 hours ago

GoodWares Launches the First Collaborative ERP to Unlock Europe’s €900B Seller Economy

Sint Joost, Netherlands, 18th August 2025, ZEX PR WIRE, GoodWares is launching the first blockchain-powered ERP…

7 hours ago

BK8 Launches BK8.io: A Bold Entry into the Crypto Casino Space

 Malaysia, 18th August 2025, ZEX PR WIRE, BK8, one of the largest and most trusted…

7 hours ago

Tap to Earn: Deal Mining’s One-Click Cloud Mining App Makes BTC and XRP Profits

A New Era of Seamless Crypto Earnings London, England, 17th August 2025, ZEX PR WIRE,…

14 hours ago

CryptoMiningFirm Launches XRP Mining Contracts – Allowing XRP Holders to Earn $19,967 Daily

A Game-Changing Leap in Passive Crypto Income Hawaii, US, 16th August 2025, ZEX PR WIRE,…

2 days ago

Daily Returns Made Simple — ALL4 Mining, the Cloud Platform for BTC & ETH Holders

London, UK, 16th August 2025, ZEX PR WIRE, As market volatility increases, the behavior of…

2 days ago