The Latest Breaking News from Euro

European markets rose sharply after Germany announced a historic change to its fiscal rules to spend heavily on defence and infrastructure.

The two political parties expected to form the next German government have agreed to significantly loosen the country’s constitutional restriction on borrowing, enabling 1 trillion euros ($1.08 trillion) or more in new borrowing and spending on defense and infrastructure

The dollar index (DXY00 ) Tuesday fell by -1.06%. The dollar on Tuesday extended Monday’s losses to a 2-3/4 month low. The dollar fell on concern that US tariffs will spark a trade war that undercuts US economic growth. Also, Tuesday’s rally in EUR/USD to a 2-3/4 month high undercut...

Where the US president sees a convivial leader an ocean away, Europeans see a tyrant on its borders breaking all agreements

EU proposes 'REARM Europe' package with 800 billion euros to enhance defense capabilities and reduce reliance on U.S. support.

The Irish Cabinet is to sign off on 100 million euro in increased aid for Ukraine.

The chief of the European Union’s executive proposes an 800 billion euro ($841 billion) plan to beef up EU defenses to lessen the impact of potential U.S. disengagement and provide Ukraine with military muscle to negotiate with Russia following the freeze of U.S. aid to the embattled nation

Euro TO USD buying exchange rate is USD 0.95 as per open market rate and EUR TO USD selling exchange rate for 1 Euro is USD 0.95. Updated on, 3 March 2025.

The dollar index (DXY00 ) on Monday fell by -0.87%. Monday’s strength in EUR/USD undercut the dollar as stronger-than-expected Eurozone economic news boosted European government bond yields. The dollar extended its losses on weaker-than-expected US ISM and construction spending reports. The dollar recovered from its worst levels after a slide...