euro

Digital euro could drain up to 700 billion euros of deposits in bank run, ECB says
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[FRANKFURT] A digital euro could drain up to 700 billion euros (S$1.1 billion) in deposits...
US dollar mixed as yen sell-off wanes, euro hit by French politics
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...
Euro, yen slide for third straight day versus US dollar
Euro, yen slide for third straight day versus US dollar
[LONDON] The euro and the yen were headed for a third straight daily loss against the US dollar, pressured by political turmoil in France and expectations of increased fiscal...
Yen, euro extend slide against US dollar as politics calls the shots
Yen, euro extend slide against US dollar as politics calls the shots
[LONDON] Political developments drove currency markets again on Tuesday (Oct 7) with the yen falling to a two-month low after Sanae Takaichi’s leadership victory in Japan, while the euro...
US dollar slips against euro but maintains weekly gains
US dollar slips against euro but maintains weekly gains
[NEW YORK] The US dollar slipped against the euro on Friday (Jul 18) but held on to weekly gains, as investors weighed expected Federal Reserve policy amid signs that...
US dollar slips against euro but maintains weekly gains
US dollar slips against euro but maintains weekly gains
[NEW YORK] The US dollar slipped against the euro on Friday (Jul 18) but held on to weekly gains, as investors weighed expected Federal Reserve policy amid signs that...
Euro trades at one-month high after Trump delays EU tariffs
Currency traders ditching the US dollar for euro on option bets
The euro is taking on a bigger role in the global currency options market as traders skirt around the US dollar given the risks from unpredictable US policy and...
ECB’s Schnabel says now is right time to boost role of euro
ECB’s Schnabel says now is right time to boost role of euro
[DUBROVNIK] European Central Bank Executive Board member Isabel Schnabel sees a favourable moment now to strengthen the euro’s global role as investors turn to Europe. There is a “window of...
Sats proposes 4.2 million euro sale of 49% stake in Servair joint venture to Swiss airline caterer Gategroup
Sats proposes 4.2 million euro sale of 49% stake in Servair joint venture to Swiss airline caterer Gategroup
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says[SINGAPORE] Ground handler Sats is proposing to divest 509,600 ordinary shares or around 49 per...
Euro trades at one-month high after Trump delays EU tariffs
Euro trades at one-month high after Trump delays EU tariffs
[TOKYO/LONDON] The euro hit a one-month high against the greenback on Monday (May 26), after US President Donald Trump backed down from threatened 50 per cent duties on European...