www.finastix.com Open in urlscan Pro
2606:4700:20::681a:ef4  Public Scan

Form analysis
1 forms found in the DOM

GET https://www.finastix.com/

<form method="get" id="zox-search-form" action="https://www.finastix.com/">
  <input type="text" name="s" id="zox-search-input" value="Search" onfocus="if (this.value == &quot;Search&quot;) { this.value = &quot;&quot;; }" onblur="if (this.value == &quot;Search&quot;) { this.value = &quot;&quot;; }">
  <input type="submit" id="zox-search-submit" value="Search">
</form>

Text Content

.
 * Financial News
 * Guidance
 * Stocks
 * Videos

Connect with us

Hi, what are you looking for?





FINASTIX.COM

 * Financial News
   
    * PayPal Launches First U.S. Dollar-Backed Stablecoin: PYUSD
   
    * What Jobs Will AI Take Over?
   
    * Twitter to Pay Creators: Money for Tweets
   
    * Goldman Sachs Predicts India to Surpass US as World’s Second-Largest
      Economy by 2075
   
    * Student Loans in America Reaching One Trillion Dollars

 * Guidance
   
    * How to Become a Successful Project Manager
   
    * Mastering Student Loan Debt – Cashola
   
    * How to Kickstart Your Side Hustle
   
    * Highest Paying Jobs for Students in the USA
   
    * 4 Corporate Language Tips You Must Learn

 * Stocks
   
    * Reliance Industries to List Jio Financial Services
   
    * Crypto Stocks Tumble – Cashola
   
    * Meta Stock Soars with 11% Revenue Surge
   
    * Japan’s Stock Market Rally: A New Era of Growth
   
    * Brits Face Major Mortgage Crisis as Lending Rates Skyrocket

 * Videos
   
    * Bloomberg Crypto Full Show (04/26/2022)
   
    * Bloomberg Crypto Full Show (04/26/2022)
   
    * Mark Cuban Says People Are Looking at Bitcoin the Wrong Way
   
    * TerraUSD Stablecoin Plunges, Backers Seek Rescue Plan
   
    * Bitcoin’s Poor Start to the Rate-Hike Cycle is Worrisome




STOCKS


CURRENCY TRADERS AND ECONOMISTS ARE CONCERNED ABOUT A POTENTIAL EURO RECESSION

By

Brian Hudson

Published

January 14, 2023
   
   
 * 

 * Flipboard
   
   Reddit
   
   Pinterest
   
   Whatsapp
   
   Whatsapp
   
   Email

Winter Wonderland
0.00 / 0.00




0
Keep Watching



Step into a fairytale scene as you behold a picturesque snowy house surrounded
by a winter wonderland. The cozy abode stands amidst glistening snow-covered
trees and a serene landscape, inviting you to embrace the magic of the season.
Find warmth, tranquility, and a touch of enchantment in this idyllic snowy
haven.
View more related videos

Winter Wonderland
1:00
Now Playing
Energize and Prepare
1:00
Now Playing
Fitness Fun in the Park
1:00
Now Playing
Sweat, Strength, Success
1:00
Now Playing
Majestic Desert Splendor
1:00
Now Playing
Urban Oasis
1:00
Now Playing
Cuteness Unleashed
1:00
Now Playing
Colorful Balloons Take Flight
1:00
Now Playing


Advertisement
image/svg+xmlOpenclipartClose Button2013-09-18T11:23:45A round black close
button with a white, thick, X in the center.
https://openclipart.org/detail/183568/close-button-by-henrikhoff-183568henrikhoffblackclose
buttoncrossiconwhitex

Ads by


Playback speed

1x Normal

Back


0.25x


0.5x


1x Normal


1.5x


2x


00:00/01:00




Skip
Ads by




As the Russian invasion of Ukraine continues, economic difficulties have rippled
outward across all of the European Union, hitting eastern Europe the hardest. As
these problems have affected the entire European Union, they have, in turn,
resulted in a weakening of the euro. Not only is this problematic from a basic
economic standpoint, but a euro recession could also lead to a weakening of
Europe’s other major currencies.

At the start of trading today, traders were reluctant to deal with several of
Europe’s major currencies, including the Hungarian forint, Polish zloty and
Czech koruna. In fact, the only currencies that traders are currently more
reluctant to deal with right now are the Russian ruble and Turkish lira.

“We are cautious and negative on eastern European currencies,” Paul Greer, a
money manager at Fidelity International, told Bloomberg. He added that the
region “is the most vulnerable bloc within emerging markets in the currency
space.”



“Europe is far more vulnerable at this stage, so it’s reasonable to assume that
the central and eastern currencies will underperform, especially if euro-dollar
falls,” said Piotr Matys, a senior currency analyst at InTouch Capital Markets.

EU countries have been enacting various monetary policies, as well as increasing
their rates of global export, in order to keep the value of the euro and other
currencies afloat, but this process has proven to be a major drain on resources.
If the euro officially slides into recession territory, it’s only a matter of
time before the forint, zloty, and koruna follow it down.

Image Source: nadia_if / Shutterstock








In this article:



   
   
 * 

 * Flipboard
   
   Reddit
   
   Pinterest
   
   Whatsapp
   
   Whatsapp
   
   Email

 * Privacy Policy
 * Terms
 * Contact Us
 * Trending
 * BTP
 * SSS
 * SFT

Copyright © 2020 Finastix. All Rights Reserved.