euro-area
TradingEuro Zone Bond Yields Rise to One-Month High
TradingEuro Wobbles as Political Turmoil Dents Sentiment; Bitcoin Scales $100,000
InvestingEuro Falls to Two-Year Low After PMI Data Plunges
TradingFor Europe’s Markets, Trump’s Return Spells Euro Pain but Bond Gains
Analysis-Euro, Now a Safer Bet, Emerges a Winner From Market Turmoil
Date: August 22, 2024
By Sruthi Shankar and Alun John (Reuters) -The euro is trading at its highest this year against the dollar, emerging as a clear winner from the recent ructions in global currency markets that have unsettled a strong dollar and halted a relentless slide in Japan’s yen. Having broken decisively above the symbolic $1.10 level, the...
Euro Zone Yields Edge up Before Inflation Data, Caution Over France
Date: June 26, 2024
Euro zone yields edge up before inflation data, caution over France By Stefano Rebaudo (Reuters) -Euro zone government bond yields rose on Wednesday as investors awaited inflation data from the United States and some members of the bloc due on Friday, and the first round of a French legislative election over the weekend. The French...
The Euro Zone’s Fragmented Banking Industry
Date: June 18, 2024
The euro zone’s fragmented banking industry By Tommy Reggiori Wilkes and Prinz Magtulis LONDON (Reuters) – Supporters for more consolidation in the euro zone’s banking sector have been watching Spanish lender BBVA’s hostile bid for Sabadell, alongside comments from some supervisors and lawmakers supporting the idea of more tie-ups. Regulators are keen for more consolidation...
Election Concerns in France Give Euro Worst Week in Two Months
Date: June 14, 2024
Election concerns in France give euro worst week in two months By Karen Brettell (Reuters) -The euro was on track for its biggest weekly fall against the dollar in two months on Friday on concerns that a new government will worsen France’s fiscal situation as a snap parliamentary election approaches. The yen hit a six-week...
Euro Falls in Warning Sign for Markets After Macron Calls Snap France Vote
Date: June 10, 2024
Euro falls in warning sign for markets after Macron calls snap France vote By Dhara Ranasinghe LONDON/SINGAPORE (Reuters) -The euro skidded while stock and bond futures slipped on Monday, as French President Emmanuel Macron called a shock election after being trounced in the European Union vote by the far-right. The euro fell 0.3% in early-morning...
Analysis-Recovering Euro Keeps Dollar ‘gorilla’ From Scuppering ECB Rate Outlook
Date: May 14, 2024
Analysis-Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook By Amanda Cooper and Stefano Rebaudo LONDON/MILAN (Reuters) – The euro has resisted falling to parity with the dollar for now, thanks to a rosier economic backdrop, to the relief of European Central Bank policymakers who could be struggling to detach themselves from the Federal...