European Central Bank hikes rates to record level
President of the European Central Bank (ECB) Christine Lagarde gestures as she addresses a press conference following the meeting of the governing council of the...
ECB said it’ll stay the course on rate hikes. But it’s not clear for how long
Christine Lagarde, president of the European Central Bank (ECB). Bloomberg | Bloomberg | Getty Images European Central Bank President Christine Lagarde has repeatedly used the...
Business activity slows on surging energy costs
Business sentiment in the euro area dropped once again ahead of an ECB meeting where President Christine Lagarde is expected to raise rates again. Anna...
Euro continues to slide toward dollar parity — and could fall even further
A financial trader monitors data as a television shows euro currency banknotes at the Frankfurt Stock Exchange in Germany. Martin Leissl | Bloomberg | Getty...
Euro slides to 20-year low against the dollar as recession fears build
A euro currency symbol sits on display in the visitor centre at the European Central Bank (ECB) building in Frankfurt, Germany. Alex Kraus | Bloomberg...
Dollar dips to end trading week but set for weekly gain
This photo illustration shows Japanese 10,000 yen banknotes in Tokyo on November 19, 2021. Behrouz Mehri | AFP | Getty Images The dollar slipped on...
European Central Bank dove says rate hike may come during the third quarter
European Central Bank Governing Council member Ignazio Visco has added his voice to heated discussions on when the ECB will begin to raise its benchmark...
Russia stokes fears of first foreign currency default in more than a century
Russian Finance Minister Anton Siluanov said Wednesday it is up to the U.S. to decide whether crucial interest payments on two dollar-denominated eurobonds go through,...
European banks told to step up cyberattack defenses amid Ukraine crisis
Annette Riedl | Picture Alliance | Getty Images Banks across the euro zone are being told to increase their cyber defenses with the region’s regulator...
Dollar slips as positioning and technical selling weigh
Witthaya Prasongsin | Moment | Getty Images The dollar fell against a basket of currencies on Thursday to a two-month low, a day after data...