Factors Affecting the Decline of the Euro in Foreign Exchange Markets

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Discussion on the reasons behind the decline of the Euro, including weak economic data in Europe and strong data in the US, and the implications for the European Central Bank's decision on interest rate hikes.

Norway’s $1.4tn sovereign wealth fund has become the biggest shareholder in UBS, a landmark antitrust trial between Google and the US government starts today, and the FT’s Mary McDougall explains why the euro is having such a tough time.

Mentioned in this podcast:

Norway’s $1.4tn oil fund becomes top UBS shareholder

Google prepares for biggest US antitrust showdown since Microsoft

Euro suffers eight-week losing streak as economy falters

Will the ECB deliver one more rate rise?

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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