Euro / Panamanian balboa

stockPerformance $-0.007 (-0.62%)
Updated: 18 Jan, 3:15 pm UTC
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The Euro is the official currency of the majority of European countries, and it is used in many financial markets around the world. As an investment, the Euro is used to diversify portfolios and hedge against currency risks. Investors can speculate on the currency’s value relative to other currencies, or buy and hold it as an asset. The Euro is also used to trade other financial assets, such as stocks and bonds, as well as commodities, like oil and gold. As a result, the Euro is an important tool for international investors, allowing them to access markets in Europe and beyond.