Tag: FX reserves

April 21, 2015 BY Andrew Saks-McLeod

Central banks prepare to offload $100 billion worth of euros

Outright selling of the Euro by central banks could still run into a 12-figure sum, a significant flow out of the single currency and a major force for further weakness as central banks steer clear of negative-yielding assets

January 05, 2015 BY Andrew Saks-McLeod

Does the new year signal the twilight moments of the Euro?

As European countries continue to struggle with national debt, currency reserves in the euro held by central banks fell to its lowest in over a decade in the third quarter of 2014 at less than 23 percent, according to International Monetary Fund (IMF) data released on December 31, 2014

Tag: FX reserves

Central banks prepare to offload $100 billion worth of euros

Does the new year signal the twilight moments of the Euro?

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