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Venezuela to hold new DICOM currency auction in euros CARACAS, Jan 25 (Reuters) - Venezuela will hold its new DICOM currency exchange auctions in euros, the central bank said on Thursday, as the socialist government seeks to move away from transactions in U.S. dollars. President Nicolas Maduro's government, which is called a "dictatorship" by ...
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Gold Near Long-Term Highs As ECB Won't Engage In Currency War While the ECB remains committed to its accommodative monetary policy, the euro posted strong gains against the U.S. dollar after Draghi said that Europe will not participate in a currency war and try to weaken its currency. "We will not target our exchange rate for accommodative purposes," he said ...
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SNB's Jordan does not believe currency war is imminent - TV But Jordan told CNBC in an interview on the sidelines of the World Economic Forum in Davos, Switzerland, that the effect of comments on currencies has been amplified due to the global low interest rate environment. "Every time monetary policy changes somewhere, the spillovers are bigger than in the ...
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Gold Market Winning The Currency War – Analysts "The dollar is likely to remain depressed moving forward, as anxious investors ponder over the possibility of a potential currency war scenario. The dollar index remains heavily bearish on the daily charts with 88.00 in sight," he said. "[Gold] remains firmly bullish on the daily charts with further upside on ...
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