Euro surges on hopes of German defence deal; dollar slips again
The euro scaled a new four-month peak against the dollar on Tuesday on hopes a German defence spending deal could be struck ...
Despite Bitcoin’s (BTC) Plunge, European Central Bank Moves Forward with ‘Digital Euro’ Currency
Despite the current selloff in cryptocurrencies such as Bitcoin (BTC), the European Central Bank (ECB) says it is proceeding ...
Sterling regains footing against weak dollar, tumbles versus euro
Sterling rose against the dollar on Tuesday as fears of a U.S. recession drove traders away from the greenback, though the ...
Euro’s surge prompts analysts to rethink parity with the dollar: what’s next?
The euro’s sharp decline following Donald Trump’s US presidential election victory last year had analysts predicting parity ...
Euro Set for Best Week Since 2009 as BofA Boosts Forecast
The euro is set for its best weekly performance in 16 years after Germany’s historic pledge to ramp up spending for defense ...
EU chief says member countries must use a new defense loan to buy European, not American
European Union countries must purchase military equipment made in Europe under a new loan program meant to help the continent ...
Euro’s Rally Vindicates Banks Betting Against Parity With Dollar
The euro’s surge is vindicating the handful of strategists who argued against calls for the single currency to fall to parity ...
Euro zone economy grew faster than initially thought in Q4
The euro zone economy grew faster in the final quarter of 2024 than first estimated but nearly all of the revision is due to ...
Euro currency speculators further reduce net shorts
Large currency speculators in the Euro futures market further reduced net short positions, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission ...
Devdiscourse1d
Europe's Dilemma: Balancing Legalities and Financial Needs Amidst Euro Challenges
Europe faces a critical decision on whether to utilize $300 billion in frozen Russian assets to support Ukraine as the region ...
CoinDesk1d
ECB Targets October to Finish Digital Euro Preparation Phase
European Central Bank President Christine Lagarde has said the ECB is looking to issue a digital euro by October 2025, once legislation comes into effect - if the central bank has its way. However, ...