Euro Poised for Best Run Since 2017 as Dollar’s Slump Picks Up

(Bloomberg) -- The euro is set for its longest stretch of monthly gains in eight years, boosted by rising confidence in Europe’s economic prospects and a hunt for alternatives to the slumping dollar. Most Read from BloombergPhiladelphia Transit System Votes to Cut Service by 45%, Hike FaresUS Renters Face Storm of Rising CostsSqueezed by Crowds, the Roads of Central Park Are Being ReimaginedSprawl Is Still Not the AnswerMapping the Architectural History of New York’s ChinatownThe common currency

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27 Jun, 2025
/ 20:32

The EUR/USD Paradox: A Strong Euro in a Weak Economy

The euro is on a tear. It’s climbed to its highest level since late 2021, brushing up against the $1.16 mark.

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27 Jun, 2025
/ 12:54

Are you worried about rising petrol prices? Yahoo Finance readers have their say

The rising cost of petrol is under the spotlight as the Middle East conflict drags on.

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27 Jun, 2025
/ 11:06

Fragile Middle East Truce Heightens Geo-political, Macroeconomic Risks, Including for Europe

The Israel-Iran truce fails to permanently reduce geo-political uncertainties weighing on an already subdued economic outlook for Europe, but the crisis’s impact on Europe’s economy is limited for now.

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26 Jun, 2025
/ 19:51

Euro heads to 4-year highs: Could it reach 1.20 or higher?

The single currency has rallied 13% this year, buoyed by eurozone fiscal policy shifts, political uncertainty in the US, and changing market dynamics.View on euronews

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26 Jun, 2025
/ 11:47

Euro Gets Back to Pre-War Levels

The value of the euro against the dollar is now officially back to pre-war levels. The euro-dollar exchange rate was at 1.159 this morning. The market was around this level on June 12, when Israel attacked Iran.

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24 Jun, 2025
/ 12:37

Swiss Franc Stands Alone Against the Dollar

The escalating war with Iran has boosted the value of the dollar, the world's reserve currency, against most major currencies Monday morning–except one, the Swiss franc. The dollar was down 0.1% against the Swiss franc.

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23 Jun, 2025
/ 14:10

Why the Dollar Is Rising After the U.S. Strikes on Iran

The dollar rallied against major currencies early Monday, after the U.S. launched surprise strikes against Iranian nuclear sites over the weekend. In recent trading: The WSJ Dollar Index rose over 0.

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23 Jun, 2025
/ 12:51

Are you worried about rising petrol prices due to the Middle East crisis? Have your say

The cost of petrol is under the spotlight as tensions between Iran and the US intensify.

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23 Jun, 2025
/ 11:44

Global Economic Outlook: US, Europe Grow More Slowly Than Expected Amid Trade, Geopolitical Tensions

The US and European economies will expand more slowly in 2025 than previously forecast, contributing to more moderate global economic growth, with risks for the global economy skewed to the downside, Scope Ratings says.

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20 Jun, 2025
/ 15:34

July Deadline Looms After G-7 Fails to Yield Trade Deals

Some of the U.S.'s closest partners face a July 9 deadline to reach deals to avert higher tariffs, after the G-7 summit ended with no new trade agreements. Here’s where some key trading partners stand: 🏰 European Union: After discussing trade with European Commission President Ursula von der Leyen, Trump said he didn’t think the bloc was offering a fair deal.

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18 Jun, 2025
/ 11:12

Bulgaria Poised to Join the Euro: An Interview with Scope Ratings’ Dennis Shen

Bulgaria is due to become the 21st country to join the European single currency in January 2026. This Q&A explains the timing and circumstances surrounding the country’s likely admission to the euro area.

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16 Jun, 2025
/ 17:21

Countries Hope to Make Tariff Pacts With Trump at G-7

Nations are eyeing the G-7 summit in Canada as an opportunity to strike trade deals with President Trump—or at least build momentum and ease tensions over tariffs. Japan, the European Union, Canada and Mexico all hope face time with Trump will help them persuade the president to lower some of his most onerous tariffs in exchange for concessions.

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16 Jun, 2025
/ 11:19

ECB: Gold Now Second Only to USD in Global Reserves

Gold has not only appreciated in nominal terms—it has been reconceptualized as a core asset for monetary sovereignty and geopolitical insulation.

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15 Jun, 2025
/ 09:13

Gold Is the Real Rival to the Dollar’s Reserve Status

A report issued Wednesday by the European Central Bank highlighted the shifts underway in the portfolios of global central banks. Central banks have pared back dollar holdings in recent years, with the currency's share of all reserve assets falling to 46% last year. Financial sanctions imposed on Russia, which saw some $300 billion of central-bank assets frozen in 2022, showed how dollar assets can be used as a weapon.

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11 Jun, 2025
/ 11:43

Pound takes breather after hitting highest point against dollar since 2022

Sterling's rally has sent it to its highest point against the greenback since 2022, but that's largely due to dollar weakness, analysts say

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06 Jun, 2025
/ 09:05

ECB Cuts Rates Again, Widening Gap With Federal Reserve

The European Central Bank cut its key interest rate to the lowest level since early 2023, a response to slowing inflation and threats to growth from President Trump’s trade war. The move deepens a divergence with the U.

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05 Jun, 2025
/ 12:18

Dollar Loses Ground After Lower-Than-Expected May Hiring

U.S. private-sector hiring misses forecast by a lot, weighing on the dollar. ADP reports job creation in May at 37,000, the lowest level since March 2023. It is down from 60,000 in April and WSJ consensus of 110,000.

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04 Jun, 2025
/ 13:21

Eurozone inflation cools to 1.9% in May paving way for interest rate cut

Core consumer price inflation, which strips out volatile factors, was slightly below estimates, at 2.3% year-on-year — having cooled from 2.7% in April.

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03 Jun, 2025
/ 09:20

The Dollar Is Close to Multiyear Lows

The dollar weakened against a range of currencies Monday. The WSJ Dollar Index recently traded 0.5% lower at 95.33, matching an end-of-day low hit a week ago. The next milestone to watch: last September's closing nadir of 95.

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02 Jun, 2025
/ 14:02

Challenges for the Pound After Inflation and GDP Edge Down

Despite a generally strong job report, the pound has held close to recent lows.

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24 Jan, 2025
/ 10:52

Sterling slumps to new low; gilt yields soar

Higher bond yields would usually support the country’s currency, but there are fears that the rising costs needed to support UK government debt could lead to further tax increases or spending cuts, hindering the chances of an economic recovery. Markets "continue to function in an orderly way" and movements in government borrowing costs were being driven by "a wide range of international and domestic factors," he added.

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09 Jan, 2025
/ 13:25

Further Losses for the Euro After the ECB Cuts Rates as Expected

Inflation below target suggests that the cycle of loosening will probably continue up to summer 2025.

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21 Oct, 2024
/ 13:00