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The Latest Breaking News from Euro

Dollar at 13-month high as rate hike bets, stock rout boost demand

The U.S. dollar surged to a 13-month high, driven by a tech stock sell-off and anticipation of Federal Reserve rate hikes. Investors are flocking to the dollar as a safe haven amid global market jitters. Markets are now pricing in a higher probability of interest rate increases in July and…

The Economic Times

European Parliament backs long-awaited digital euro to reduce US dominance in payments

The digital currency is expected to launch by 2029, in a push to bolster European autonomy in payments away from the dominance of the US dollar.

Euronews

Euro Heat Roundup: How Unbearable Is It in Europe This Week?

Europe is experiencing a severe heatwave with record temperatures and high humidity, leading to fatalities and environmental concerns across multiple countries.

International Business Times UK

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EU bets on digital euro to cut US tech addiction

The EU believes a digital euro is the answer to cutting its addiction to US payment systems like Visa and Mastercard as well as Apple Pay and Google Pay as the bloc seeks to favour European firms over others. According to the ECB, nearly two-thirds of card payments in the…

The Economic Times

Aussie Influencer Goes Viral After She Was ‘Rejected’ From A Pool In France Over ‘Hygiene Reasons’

An Aussie influencer has gone viral after she and her family were "rejected" from a local pool in France after a swimwear mishap.

Pedestrian.tv

Dollar firms on hawkish Fed bets, oil rebound; yen near 40-year low

The US dollar strengthened Tuesday, driven by expectations of a more aggressive Federal Reserve and a rebound in oil prices. Elevated US Treasury yields are also bolstering the greenback. Meanwhile, the Japanese yen is nearing a four-decade low, prompting concerns and discussions about potential intervention. Other major currencies like the…

The Economic Times

Dollar Gains on Euro Weakness and Higher T-note Yields

The dollar index (DXY00 ) on Monday rose by +0.17% and is just below last Friday’s 13-month high. The dollar erased early losses on Monday and moved higher after the euro declined when ECB President Lagarde pushed back against any additional tightening of monetary policy by the ECB due to...

Barchart

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Capital markets union imperative to build euro as global reserve, Lagarde says

In an increasingly unstable geopolitical landscape, the EU has no choice but to take control of its own money, head of ECB tells panel in Brussels.

Euronews

Dollar Recovers as Euro Retreats on Dovish Lagarde Comments

The dollar index (DXY00 ) today is up by +0.12% and just below last Friday's 13-month high. The dollar erased early losses today and moved higher after the euro declined when ECB President Lagarde pushed back against any additional tightening of monetary policy by the ECB due to the US-Iran...

Barchart

Poland's Top Economist: Germany’s economy needs “bold revolutionary approach”

Germany is Europe's largest economy. Poland is Europe's most successful one. For economist Marcin Piątkowski, that sounds like a "match made in heaven." In an interview with Euronews, he explains what Germany can learn from Poland's remarkable economic success story.

Euronews

A viral doomsday scenario aims to shake Europe out of its AI complacency

Does a thought-experiment about US ascendancy in the technology say as much about AI jitters as it does about the reality?

The Guardian - UK

Bain Capital CLO tranche defaults in post-2008 first for Europe

A European collateralised loan obligation managed by Bain Capital has defaulted on its most junior tranche, marking the first such failure since a regulatory overhaul over a decade ago. The note returned significantly less than its par value, though other investors were paid in full. This event highlights growing pressure…

The Economic Times

When do Scotland play Brazil? What do they need to reach World Cup knockouts?

Scotland had the chance to reach the knockout stages against Morocco - but must now go to Miami to face Brazil

The Independent UK

UEFA Outlines Plan for Hydration Breaks in Champions League, Euro 2028

Enforced stoppages at the World Cup for players to drink have upside and downside.

Sports Illustrated

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FourFourTwo

‘We were enjoying every minute of Euro 2024 up until the final, we began to feel the pressure – it was do or die’ Mikel Merino opens up on Spain’s run to the European Championship

The Arsenal midfielder came off the bench during Spain’s win over England

The Independent UK

Britain could rejoin the EU on special terms, former chief Brexit negotiator says

UK would not be forced to join the euro or Schengen, Michel Barnier said, but he would not be drawn on Margaret Thatcher’s budget rebate

AAP

World shares are mixed and US futures fall after a tech-led rally on Wall St

Shares have opened higher in Europe but were mostly lower in Asia, with markets in Greater China closed for holidays

The National (Scotland)

Britain could keep special terms if it re-joins the EU, former top negotiator says

A FORMER top Brexit negotiator has said he believes the UK could re-join the European Union and keep the special carve-outs it enjoyed while part of…

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Euronews

Europe's ultra-rich: Which countries are adding the most $30m+ millionaires?

Europe's ultra-rich population has surged by a quarter over the past five years. On average, more than 20 people join the continent's $30m+ wealth club every day, while 89 people worldwide cross the $30 million wealth threshold daily.

The Economic Times

Global Markets: Central banks stay vigilant despite oil price relief after US-Iran truce

Global central banks remain cautious despite easing oil prices following the US-Iran truce. While lower energy costs ease inflation fears, G10 policymakers continue to signal possible rate hikes if price pressures persist. Diverging monetary paths across the US, Europe and Asia highlight an ongoing global fight against inflation.

Euronews

An EU of six, not 27, best way to 'reinforce Europe', Bruno Le Maire tells Euronews

The former French finance minister argued that new impetus should be given to the European Union, namely by uniting six core countries to deliver on key issues in the face of foreign threats.

The Guardian - UK

UK could keep special pre-Brexit terms if it rejoined EU, Michel Barnier says

Exclusive: Former chief Brexit negotiator says staying out of euro and Schengen area would be ‘perfectly possible’

Euronews

Greece's PosoKanei app lets shoppers compare supermarket prices in real time

Through its website and app, PosoKanei allows consumers in Greece to see where products are cheapest in real time, compare prices across European countries and track price changes over time.

AAP

World shares are mixed following signing of US-Iran deal on ending the war

Shares are mostly lower in Europe after benchmarks in Japan and South Korea surged to new records after the U.S. and Iran signed their initial agreement ending the war

Euronews

Where are the eurozone's cheapest and highest mortgage rates?

Borrowers in the Baltics pay just over twice what Maltese households do for a home loan, ECB data to April 2026 shows.

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