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The Latest Breaking News from eurozone

Dollar Slides as Chinese Stimulus Boosts the Yuan

The dollar index (DXY00 ) Thursday fell by -0.41%. The dollar was under pressure after the Chinese yuan rose to a 16-month high against the dollar after the government boosted stimulus measures. Also, Thursday’s rally in stocks curbed liquidity demand for the dollar. Losses in the dollar were limited due...

Barchart · Sep 26, 2024

Stocks Settle Mixed as Fed Beige Book Raises Growth Concerns

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.20%. Stocks on Wednesday settled mixed, with the S&P 500 posting a 2-1/2 week low...

Barchart · Sep 4, 2024

Dollar Firms on Speculation of Month-End Buying

The dollar index (DXY00 ) today is up by +0.53%. Weakness in the yen is boosting the dollar after dovish comments today from BOJ Deputy Governor Himino undercut the yen. Also, stock weakness today has boosted some liquidity demand for the dollar. In addition, the dollar is climbing on speculation...

Barchart · Aug 28, 2024

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Dollar Retreats on Rising US Economic Risks

The dollar index (DXY00 ) Monday fell by -0.52% and posted a 6-3/4 month low. The dollar Monday extended last Friday’s selloff on concern the Fed is behind the curve with policy support for a slowing US economy. Swap markets have now priced in a 100% chance the Fed will...

Barchart · Aug 5, 2024

Dollar Falls on a Global Rout of Risk Assets

The dollar index (DXY00 ) today is down by -0.66% and posted a 6-3/4 month low. The dollar today extended last Friday’s selloff on concern the Fed is behind the curve with policy support for a slowing US economy. Swap markets have now priced in a 100% chance the Fed...

Barchart · Aug 5, 2024

Euro Knocked By European Vote Uncertainty

The euro recoiled Monday after a far-right surge in weekend EU polls sparked a general election in France, although analysts believe the single currency will remain resilient.

International Business Times · Jun 10, 2024

AVIXA Report: April Numbers Reinforce March Positivity

The industry rebound continues, but is the post-pandemic labor market expansion running out of steam?

AVNetwork · Jun 7, 2024

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Dollar Falls on Lower Bond Yields and Stronger Stocks

The dollar index (DXY00 ) this morning is down by -0.35% and posted a 1-week low. The dollar is under pressure as the euro strengthened after today’s news that the Eurozone Apr S&P composite PMI expanded by the most in 11 months. Strength in stocks today has also curbed liquidity...

Barchart · Apr 23, 2024

Euro Resurges As Preferred Currency For Global Central Banks

Learn about the resurgence of the Euro in global central banking and its impact on the international monetary system.

Will the ‘sick man of Europe’ label stick to Germany this time around?

Its growth model seems kaput – but optimists point to how the economy confounded critics before

The Guardian - UK · Feb 2, 2024

Kosovo Ban On Serbian Dinar Risks New Crisis

Kosovo may be on the verge of a fresh crisis after the government threatened to ban the use of Serbian money this week, with a chorus of Western countries warning it could ignite a firestorm.

International Business Times · Jan 31, 2024

Euro Rises from Six-Week Lows Ahead of ECB Meeting and US GDP Data

The Euro gains some ground as it rebounds from six-week lows ahead of the European Central Bank meeting and the release of US GDP data. Stay informed.

Prices Bite Into Greek Christmas Even As Economy Improves

Greece's traditional Christmas sweets made of icing sugar, honey and powdered almonds tantalise shoppers ahead of the festive season as they do every year.

International Business Times · Dec 22, 2023

Italian MPs Vote Against Reform Of Eurozone Rescue Fund

Italy's lower house of parliament, including members of Prime Minister Giorgia Meloni's party, rejected an opposition motion to approve a reform of the eurozone's bailout fund on Thursday.

International Business Times · Dec 21, 2023

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The Conversation · Nov 23, 2023

Europe's radical right has made challenging Brussels a winning formula – so why hasn't the radical left made the same gains?

With roughly six months to go, the radical right looks set to make significant gains in the 2024 European elections. The biggest share of votes is still likely to go to parties of the centre-right, but many of these have lately veered rightward, too.

The Guardian - UK · Oct 3, 2023

The Guardian view on Slovakia’s election: an ominous signal from central Europe

Editorial: Victory for a Putin-friendly populist has given Viktor Orbán an ally and the rest of Europe a problem

Radio France Internationale · Jul 3, 2023

Does Europe really need a 'digital euro'?

The EU has taken a crucial step towards launching a digital version of the euro, a controversial project that has come under attack from the public, politicians and banks before it has even been unveiled. RFI takes a look into what Brussels hopes and believes will be 'the next big…

The Guardian - UK · Jun 30, 2023

Eurozone inflation falls to 5.5% in sharp contrast to UK

Economists put reason for divergence down to Brexit and Britain’s energy price guarantee

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The Guardian - UK · Jun 29, 2023

Alexis Tsipras steps down as Syriza leader after Greek election rout

Leftwing opposition leader who was PM during eurozone crisis says party needs ‘profound renewal’

The Guardian - UK · Jun 2, 2023

FTSE 100 posts biggest jump since March as US economy adds 339,000 new jobs – as it happened

US economy added more jobs than forecast last month, with March and April’s data revised higher too, but unemployment rate has jumped to 3.7%

Bangkok Post · May 29, 2023

Spain PM calls snap election after local poll drubbing

MADRID: In a surprise move, Spanish Prime Minister Pedro Sanchez called a snap election on July 23 on Monday, a day after his Socialists suffered a drubbing in local and regional polls.

The Conversation · Feb 23, 2023

Inflation in the Eurozone: is it persisting or falling?

In 2022, the annual inflation rate hit a record level (8.4%) since the Eurozone’s creation in 1999, mostly because of disruptions in the global supply chain and by the energy crisis provoked by the conflict in Ukraine.

France 24 · Jan 13, 2023

Entering Schengen is 'a huge economic benefit for us': Croatian PM Plenkovic

Talking Europe hosts the Croatian prime minister, who steered his country into the eurozone and the Schengen free travel area at the start of this year. Andrej Plenkovic talks about the symbolic and practical aspects of these two moves, and discusses his government's plans to continue helping Ukraine – despite…

The Guardian - UK · Jan 2, 2023

Croatia takes final steps into EU with open border and euro switch

Common currency was already used for valuations and bank deposits in former Yugoslav country, which joined the EU in 2013

France 24 · Jan 2, 2023

Third of world could be in recession in 2023, IMF chief warns

Kristalina Georgieva, the managing director of the International Monetary Fund, is warning that this year will be tougher than the last and that the war in Ukraine, rising inflation and higher interest rates will weigh heavily on the global economy. She expects the EU to be particularly hard hit, with…

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