Tag: euro
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Germany news: Fire at Berlin refugee home sparks evacuations
Dozens of firefighters were deployed after the blaze broke out on the fourth floor of a refugee shelter in Spandau. Meanwhile, a Taliban team is reportedly in Germany to help speed up Afghan deportations. DW has more.
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Bessent attacks Warren over yen intervention query, offers ‘Foreign Exchange for Dummies’ lesson
Treasury has not disclosed how much yen it bought, the execution rate or the current value of the position, despite Warren’s requests for details.
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US shakes up currency markets with unusual yen-buying via selling euros
LONDON, Aug 3 : Traders grappling with an already rare co-ordinated U.S.-Japanese action to prop up the weak yen are also digesting a further unusual dynamic: the U.S. selling euros. Japan confirmed on Monday it had carried out yen-buying intervention on Friday with the U.S. Treasury department. But rather th
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Yen climbs for third straight session, euro/dollar awaits US data
Aug 3 : The yen rose for a third straight session against the euro and the dollar on Monday, keeping traders on alert for further intervention after Tokyo and Washington stepped into the foreign exchange market last week to support Japan’s currency.Meanwhile, oil prices sank after U.S. President Donald Trump
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US shakes up currency markets with talk of unusual yen-buying via selling euros
LONDON, Aug 3 : Traders grappling with an already rare co-ordinated U.S.-Japanese action to prop up the weak yen are also digesting a further unusual dynamic: the U.S. selling euros. Japan confirmed on Monday it had carried out yen-buying intervention on Friday with the U.S. Treasury department. But rather th
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Dollar hits fresh 40-year high versus yen, edges down against euro
July 23 : The dollar edged lower against the euro ahead of the European Central Bank’s policy meeting on Thursday and reached a fresh 40-year high versus the yen, as investors remained focused on the escalating conflict in the Middle East.Oil prices rose for a fifth day on Thursday amid attacks on tankers in
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ECB picks 36 payment firms for digital euro pilot
FRANKFURT, July 14 : The European Central Bank has picked 36 payment service providers, including some of the euro zone’s biggest financial firms, to join the pilot programme for its digital euro project, it said on Tuesday. The ECB has been working on the digital euro for years, partly to wean the bloc off U
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Explainer-Europe’s digital euro: What it is and how it would work
MILAN, July 13 : Talks between the European Parliament, European governments and the European Commission on rules for a digital euro begin on Monday, three years after the legislation was first proposed. The negotiations aim to produce a final law by the end of the year, paving the way for the European Cen
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EU lawmakers pave way for ‘digital euro’ negotiations
The digital euro has been touted as the EU’s best chance at breaking its dependence on US payment systems like Visa and Mastercard, as well as Apple Pay and Google Pay.
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Digital euro: The plan to Trump-proof the EU’s economies
The EU’s central bank is preparing a digital euro to cut dependence on Visa, Mastercard and Apple Pay. Success hinges on giving consumers an easy-to-use payment system without prompting a flight from bank savings.
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