The Rally of the Euro Continues – Now Also Opposite the Yuan. to the...

Kronen Zeitung

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Since April, the euro has increased by around nine percent against the US currency, compared with 14 percent since the beginning of the year. Top representatives of the ECB now warn against the negative consequences of a further rise in the euro exchange rate on the economy. A strong currency increases exports and at the same time lowers imports, which tends to dampen growth and push inflation. The European common currency was traded at 1.18 dol…

Die Presse

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The common currency climbs to the Chinese Yuan to the highest level in over a decade. To the benefit of the Chinese.

Proceso Digital

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The euro stood at its strongest level against the Chinese yuan since 2014 thanks to the appreciation it has been experiencing throughout this year against the dollar and the weakness of the Chinese currency in the face of Beijing’s desire to boost its exports amid trade uncertainty. The entry The euro is at its highest level against the Chinese yuan since 2014 was first published in Digital Process.

lesechos.fr

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The value of the euro over the last six months has increased by more than 13% against the dollar. With Trump's trade war, it is likely that it will continue to rise in the coming months.