euro
ECB monitoring euro but rally not dramatic: council member
The remarks come less than a day after the central bank left its deposit rate at 2% for a fifth meeting
ECB may need fresh rate cut if euro strengthens, says Austrian central bank governor
Recent gains against the US dollar were ‘modest’ and did not require a response, he adds
Euro rises to US$1.20 for the first time since mid-2021
Investors are limiting exposure to the US dollar
China’s euro-denominated sovereign bonds sale sees strongest demand in six years
The offering is around 12.5 times oversubscribed, attracting orders exceeding 50 billion euros
ECB questions proposal of a purely offline digital euro
THE European Central Bank is pushing back against a European Parliament proposal that would launch the planned digital euro solely offline.
Digital euro could drain up to 700 billion euros of deposits in bank run, ECB says
The ECB has presented the digital currency as an alternative to US-dominated means of payment
US dollar mixed as yen sell-off wanes, euro hit by French politics
[NEW YORK] THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by political uncertainty.
European banks to launch euro stablecoin in bid to counter US dominance
The new Amsterdam-based company is expected to launch its stablecoin in the second half of next year
Asia’s US$306 billion of global bond sales are about to go higher
The latest moves mark early signs of a global pickup in issuance, as companies aim to lock in some of the tightest credit spreads in decades
