Euro

The prospect of three full 25 basis-point Fed rate reductions by year-end, combined with expectations that the ECB won’t cut further, is set to narrow the gap between the two central banks’ key rates.

Indian rupee faces sharper decline against Euro, Pound, and Yen in 2025 amid global and domestic pressures

According to Bloomberg data, the rupee has weakened by 13.6 percent against the Euro, 9.3 percent against the Pound, and 8.4 percent against the Yen. In contrast, it has declined only 2.73 percent against the US dollar year-to-date.

Dollar down 10% in first half of 2025, biggest fall since early 1970s

The dollar index, which measures the US currency against six others, slipped to 96.688, its lowest since February 2022

Ukraine considers shift from dollar to euro amid geopolitical realignments

Immediately after Russia’s invasion in February 2022, the central bank imposed capital controls and pegged the hryvnia at an official rate of about 29 to the U.S. dollar. Ukraine was forced to devalue later due to a buildup of fiscal imbalances.

Euro at three-week low as Trump imposes auto tariffs

Investors worry that the trade duties will dent U.S. growth and potentially reignite inflation, although the prospect of narrower-than-feared tariffs has buoyed sentiment recently.

Euro and pound rise against dollar as ‘Trumpcession’ fears grow

The dollar has erased its post-election gains as market concerns over US tariffs and recession risks intensify.

European Economy: A weaker Euro won't solve the EU's problems this time

There’s no silver bullet in the currency markets

Dollar soars with bitcoin as Trump trade ramps up; euro, yuan battered

The euro languished near an almost seven-month trough reached overnight, while the yuan wallowed close to a more than three-month low with Europe and China both particular targets of potential Trump tariffs.

Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September

The August figure was down from 2.6% in July, according to figures Friday from European Union statistics agency Eurostat. Energy prices fell in August by 3%, helping lower the overall figure, while inflation fell to 2% in Germany, the eurozone’s largest economy.

Yen scales 7-month highs as US slowdown fears weigh on markets

The yen is up 10 percent against the dollar in just over 3 weeks, driven by Bank of Japan's large 15 basis points rate rise on July 31 to 0.25 percent.

Asia stocks stutter, euro gains after first round vote in France

In Asia, the MSCI's broadest index of Asia-Pacific shares outside Japan was 0.18% lower, to kick off the second half of the year having risen 7% so far in 2024. Japan's Nikkei rose 0.57%.

Euro rises after France's first-round vote, yen struggles

Marine Le Pen's far-right National Rally (RN) party won the first round of France's parliamentary elections on Sunday, exit polls showed, although analysts noted the party won a smaller share of the vote than some polls had initially projected.

Dollar firm as euro wallows near recent lows; market braces for China data

The market also braced for a slew of top-tier economic data from China as investors sought clarity on how much the world's second-largest economy is struggling to gain momentum.

Euro 2024 set to kick off in Germany on June 14. Glimpses of the grand affair

Germans are hoping for a repeat of 2006, when many fell in love with their national team again after a period in the doldrums similar to what they have experienced in the years leading up to this competition

Greece to raise monthly minimum wage by 6.4% to 830 euros

Greece's economy expanded by 2% last year, slightly lower than the government's projection but still well above the euro zone average of 0.4%

Currency Markets: A decline in the Euro to parity with the Dollar beckons

Inflation has been steadily declining globally. Both the US and euro-zone consumer price measures peaked at just over 9% in mid- to late-2022, with February seeing euro-zone inflation dropping to 2.6%, lower than the 3.1% figure for the US. On the growth outlook, US gross domestic product rose at an annualised 3.2% pace while the euro zone economy stagnated

Japanese yen hits 16-year low against euro

The unit hit 164.48 per euro -- its weakest since 2008 -- as the difference between European Central Bank rates and the BoJ remained wide enough to prevent traders shifting their focus to Japan.

Euro’s status languishes as dollar still king after 25 years

While the fall in euro usage and corresponding jump in dollar dominance may have been overdone last year, any correction is likely to be modest until the geopolitical air clears. Some of the loss of status and relevance for the euro will be permanent

Euro profits from better euro zone data; U.S. market shut

The weakness in the dollar has buoyed the yen, along with expectations the Bank of Japan may shift away from its ultra-loose monetary policy next year.

Dollar holds near 10-month high, keeps heat on yen, euro

The dollar index, which tracks the unit against six other majors, was slightly lower on the day at 106.59, though it was still on track for an 11th straight week of gains, and just off its 10-month high hit on Wednesday.

Dollar hits 4-week peak, sterling lower after BOE hike

The dollar index, which measures the currency against six major peers, rose as high as 102.84, its highest level in four weeks. It was last little changed at 102.60, after Wednesday’s 0.5% gain.

Dollar steadies after biggest weekly loss this year

This week is likely to see the dollar consolidate as investors wait on the Federal Reserve's meeting next week when the U.S. central bank is expected to hike rates by an additional 25 basis points.

Dollar weakens, euro edges higher after inflation data

Following the data, the euro rose 0.24% to $1.0987 while sterling was up 0.14% to $1.2640.

Europe's stock markets, euro sag ahead of expected ECB rate hike

Another rout in regional U.S. bank shares overnight was hardly helping spirits, but with gold a whisker away from a record high and oil higher after a tough few days, focus was naturally on Frankfurt.

Euro hovers near one-year high as US outlook clouds over

It was last up 0.05% against the dollar at $1.104, not far off yesterday's one-year peak of $1.1096.