Central bankers in the European Union are making the case that US dollar-backed stablecoins could be a threat to their ...
SOFIA, Bulgaria (AP) — Bulgaria is close to realizing its decades-old goal of joining the euro currency union and deepening ties with the more prosperous countries of Western Europe. But the ...
A global reserve currency is one that is extensively held by foreign Central Banks. Since the 1944 Bretton Woods agreement this position has been occupied by the US dollar and it still holds true – ...
The euro fell as the dollar recovered slightly and risk appetite weakened ahead of key releases.
The euro's global importance will continue to strengthen this year while political forces fuel further gains against the U.S. dollar, according to central bankers and strategists. Speaking at an ...
The ECB advances a digital euro with efficiency, sovereignty, trust and inclusion goals as global CBDCs show slow adoption.
The Eurosystem is now in a technical development phase to ready the digital euro for issuance The European Central Bank (ECB) has announced the transition to the next phase of its digital euro ...
As markets head into a year of uncertainty against a backdrop of shifting economic data and monetary policy, analysts are turning positive on the outlook for the euro. Having fallen below parity with ...
The dollar gained on the euro and was roughly flat against the yen on Friday as stocks recovered from a sharp selloff and ...
Sterling was flat against the dollar. UBS said the British currency could rise next year as the BOE is likely to be more cautious about cutting rates than the Fed.