Euro, yen slide
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Like the German mark, French franc and Finnish markka, Sweden’s krona may one day become a relic of the past — if the country’s proponents of the euro get their way.
Used when banks can't get funding on the market, the repo line allows lenders to borrow euros from the ECB against collateral, to be repaid with interest.
The EUR/USD pair is struggling for direction around the 1.1800 handle, with its next move dependent on the US dollar's strength and central bank commentary. Read more here.
The euro is hovering near its lowest level in a month as the US positions forces for a potential strike on Iran, denting risk appetite and boosting the dollar.
Twelve European banks form Qivalis to launch a MiCA-compliant euro stablecoin by 2026, aiming to rival dollar-backed tokens.
Qivalis consortium of 12 EU banks plans MiCA-compliant euro stablecoin launch in 2026, targeting corporate payments and challenging dollar token dominance.
The EuroStoxx 50 consists of the shares of the 50 largest companies in the Eurozone and represents their growth. For this reason, the EuroStoxx 50 and its growth are also regarded
Euro zone inflation rose more than expected last month but remained below the European Central Bank's 2% target, fresh data showed on Tuesday, before a likely hit from surging oil and gas prices.