The FX market was pretty quiet this week due to the Thanksgiving holiday. Also, many investors have already ended the trading year; if not, they are preparing to do so soon. Yet, some events ahead of ...
Tag: Euro
Euro Skeptics Want Proof Its Rally Goes Beyond the Dollar
(Bloomberg) — Investors caught off-guard by the euro’s sharp recovery from a two-decade low remain skeptical the rally has legs. Most Read from Bloomberg Helped by a massive selloff in the dolla...
Will the euro keep rising, or is it time to sell ahead of the end of the trading year?
The euro has had a rough year in 2022, at least judging by the headlines. After the Russian invasion of Ukraine, the common currency suffered from investors reducing exposure to European assets. But i...
U.S. Treasury says currency-market intervention should be reserved for ‘very exceptional circumstances’ in response to Japan’s September move
The U.S. Treasury Department on Thursday said it expects currency-market interventions, like Japan’s in September, should be reserved for exceptional circumstances, as it kept Tokyo on a list of partn...
Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro – Regulation Bitcoin News
Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDCs) could bring, particularly in the area of financial inclusion. “Governments could use a digital eu...
Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde Says – Finance Bitcoin News
The European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are expecte...
Prices of the Solana, Polygon, Ripple and Monero
Ever since EUR lost value against USD, analyses of crypto prices in euros have also become interesting: today we will analyze Solana, Polygon, Ripple and Monero. A year ago 1 euro was still worth mo...
EUR/USD price prediction as the euro regains parity with the dollar
The EUR/USD exchange rate recovered the lost ground and bounced back above parity. It found support at the round number today before making another leg higher on an important day for market participan...
Netherlands Queen Declares Support for Digital Euro
The Queen declared her support for the digital euro while speaking virtually at a conference organized by the European Commission. Another prominent personality, the Queen of the Netherlands, has decl...
Circle’s chain of decisions around Euro Coin could have EUROC go either way
Circle, the company behind USDC, the second largest stablecoin on the market, announced its ambitions to expand the use of its Euro-backed stablecoin, EUROC. Circle offered a Euro-backed token in addi...
Circle Announces Euro Coin (EUROC) Expansion to Solana Blockchain
USDC issuer Circle announced plans to expand native support of its Euro-backed stablecoin – Euro Coin (EUROC) – to the Solana blockchain in the first half of 2023. Sheraz Shere, Head of Payments at S...
European Commission to soon propose legislation on a digital Euro
The European Commission is soon going to bring out legislation on the digital Euro, said European Central Bank (ECB) President Christine Lagarde. Lagarde was addressing the “Towards a legislative fram...
Solana Will Host the Euro Coin Stablecoin of Circle
The Solana Breakpoint conference is going on in Lisbon city of Portugal. It started from 4th November 2022 and is going to last till 7th November 2022. The event has recently witnessed an announcement...
Queen Máxima of the Netherlands comes out in support of digital euro
Máxima Zorreguieta Cerruti, Queen of the Netherlands, said she was encouraged by the work the European Central Bank had accomplished in its efforts to launch a digital euro. Speaking virtually at a E...
A CBDC could protect euro dominance, say EU leaders
European Union leaders see a digital euro undertaking as an opportunity to preserve the value of the shared currency. “The entry of big tech into payments could increase the risk of market domin...
Digital Euro May Have Transaction Limits for Retail Users
With the European Central Bank (ECB) now developing the prototype for its Central Bank Digital Currency (CBDC) otherwise known as the Digital Euro, more details are now surfacing based on its potentia...
Digital euro may have transaction limits and store-of-value caps
The European Union’s central bank digital currency (CBDC) may have transaction and store-of-value limits for individuals, Fabio Panetta, an executive board member of the European Central Bank (ECB), s...
EU Commission set to propose legislation for digital euro
The European Commission will “soon” come out with a legislative proposal on a digital euro, European Central Bank President Christine Lagarde said in a video statement at the “Toward...
Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023
USD coin issuer and digital financial technology firm Circle is now set to expand its Euro Coin and cross-chain transfer protocol to the Solana ecosystem in the first half of 2023. The Euro Coin is a ...
Circle to Release Euro Coin on Solana in First Half of 2023
10 seconds ago | 2 mins read Altcoin News FTX cryptocurrency exchange will let users deposit and withdraw Euro Coin on Solana. The USDC may now be transferred natively across blockchains. In the first...
Circle is bringing Euro Coin to Solana in first half of 2023
Payments firm Circle is bringing Euro Coin to the Solana blockchain and expanding its cross-chain protocol to Solana in the first half of 2023. Circle only launched Euro Coin as a European take ...
Ripple XRP Ledger integrates NFTs, Euro Stasis stablecoin
Ripple XRP Ledger (XRPL) will now support non-fungible tokens (NFTs) after the community passed the XLS-20 proposal on Oct. 31. With the new development, developers can create unique digital assets on...
STASIS Integrates Biggest Euro Stablecoin On XRPL
The largest euro-backed stablecoin in the crypto ecosystem is now available on Ripple’s XRP Ledger (XRPL). According to the STASIS team, the integration on the XRPL, which began in February, was compl...
COT witnesses change as Bullish euro bets hit a 15-month high
The traders increased their bullish exposure to the relatively weak euro. It was observed that the currency has been falling for two years, putting a warning for bearish investors. The decrease in sho...
Brussels to Spur Rollout of Instant Payments in Euro, Proposes Legislation – Regulation Bitcoin News
The European Commission has approved a proposal to accelerate the introduction of euro instant payments. The technology is there and Europeans should be able to send and receive money immediately, the...
Euro falls sharply as ECB vows to keep printing money until 2024
ECB President Christine Lagarde interest rates inflation Europe energy crisis recession – AP Photo/Michael Probst, File The euro tumbled below parity against the dollar on Thursday night after t...
Euro session sees further $315 million shorts liquidated as Bitcoin bulls cut loose
Data from Coinglass showed a further $314.97 million crypto shorts were liquidated since the Euro trading session opened. This move brings the total liquidations over the last 24 hours to $1.12 billio...
Uneven Inflation Spike Redraws Euro Zone’s East-West Divide
(Bloomberg) — Surging inflation in smaller euro-zone nations are redrawing the economic divide between the continent’s east and west. Most Read from Bloomberg In the Baltic region, where inflati...
Euro Area Annual Inflation Jumps to 9.9% in September, Cost of Bread Skyrockets, Protests Erupt – Economics Bitcoin News
According to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September, up from 9.1% in August. The inflation rate in September tapped a 40-ye...
FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues – Economics Bitcoin News
While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback....
Scandinavian Nations Launch Joint Bid To Host UEFA Women’s Euro 2025
Jourbalists are reflected inthe Euro trophy during a press conference of team Norway in Stockholm, … [+] on July 27, 2013 on the eve of the UEFA Women’s EURO 2013 final football match Germ...