Euro set for best run since 2017 as $ slumps – Times of India

The euro is set for its longest stretch of monthly gains in eight years, boosted by rising confidence in Europe’s economic prospects and a hunt for alternatives to the slumping dollar. The currency is up more than 3% in June, its sixth month of advances. Those gains have come as the dollar falters, with the Bloomberg Dollar Spot Index near its lowest level in more than three years after again dipping this week.




Source link

Check Also

SBI readies introduction of revamped digi platform – Times of India

SBI readies introduction of revamped digi platform – Times of India

Mumbai: State Bank of India (SBI) is set to undergo a digital transformation in FY26, …

Leave a Reply

Your email address will not be published. Required fields are marked *