#Euro news

BT Saves TalkTalk from Collapse with Rescue Deal

UK's largest broadband provider acquires rival operator TalkTalk to ensure continued services for millions of customers.

Consortium launched for euro stablecoin adoption

European digital-finance companies, joined by Nasdaq-listed etoro, today announced the formation of the Eurøpe Consortium, an industry-led coalition intended to accelerate the practical adoption of euro-denominated onchain…

Finextra

Euro extends decline against British Pound on France debt concerns

EUR/GBP extends its decline on Monday, sliding to its lowest level since mid-July as political turmoil and mounting concerns over Europe’s public finances weigh on the Euro (EUR). At the time of writing, the cross trades around…

FXStreet

Euro: Fragmentation fears weigh on EUR – OCBC

OCBC’s Christopher Wong notes that widening Eurozone bond spreads and fragmentation concerns are tightening financial conditions and putting renewed pressure on the Euro.

FXStreet

investingLive European session wrap: Dollar firms as yields stay elevated, French risks weigh on euro

Markets: 10-year Treasury yields flat at 5.277% AUD leads, EUR and NZD lag Gold up 0.3% to $4,153 Brent crude up 0.3% to $102.60 European stocks mostly higher; S&P 500 futures down 0.1% Bitcoin up 0.3% to $86,099 It's a brand new…

investingLive

European Central Bank: Contagion risk reshapes rate expectations – MUFG

MUFG’s Lee Hardman notes that unwanted tightening in Euro-zone financial conditions is prompting markets to pare back expectations for further ECB rate hikes.

FXStreet

Euro, French stocks slide on France debt concerns

afp.com

Euro: Pressured yet systemic risk contained – DBS

DBS strategist Philip Wee explains that EUR/USD’s four-week decline reflects shifting risk balances, with renewed Federal Reserve (Fed) tightening overshadowing the European Central Bank (ECB) and France’s fiscal issues…

FXStreet

U.S. dollar climbs to 18-month high as bitcoin holds firm around $86,000

A stronger dollar and rising bond yields are testing bitcoin’s resilience as fiscal concerns in France and political uncertainty in Spain weigh on the euro.

CoinDesk

Why is the US Dollar rising despite October Fed hike odds fading?

The US Dollar Index (DXY) is testing fresh yearly highs near the 102.50 zone, powered by independent Euro (EUR) weakness and relative resilience in the Federal Reserve's (Fed) rate path.

FXStreet

Euro: Fiscal risks cap upside against British Pound – Rabobank

Rabobank's Senior FX Strategist Jane Foley discusses EUR/GBP in light of divergent fiscal and political risks in Europe and the United Kingdom (UK).

FXStreet

Why Is the Euro at a 17-Month Low? Spain and France Are Only Half the Story

The euro slid to a 17-month low against the dollar on Monday. Reports that Spain’s government may call an early election deepened worries already building over France’s budget. Higher interest rates add a second strain, slowing…

BeInCrypto

Eurozone Sentix confidence falls in October as recovery optimism starts to fade

Eurozone October Sentix investor confidence 2.7 vs 5.0 expected Prior 5.1 The mood among euro area investors has taken a step back in October, with the details being slightly more telling than the headline drop itself. The Sentix…

investingLive

Euro attempts to regain the 1.1200 level following mixed Services activity data

The Euro (EUR) maintains its bearish tone against the US Dollar (USD) on Monday, following a string of mixed Services Activity figures and weak Investor Confidence data, with concerns about France's fiscal health weighing heavily.

FXStreet

Sterling today: Pound slips as euro sell-off lifts dollar

Investing.com Forex

France drags on European markets over fiscal worries; euro hits 17-month low

Seeking Alpha

Euro loses against Canadian Dollar as ECB’s Lane warns economic growth concerns

EUR/CAD has pared its recent gains from the previous trading day, hovering around 1.5970 during European hours on Monday. The currency cross depreciates as the Euro (EUR) remains under pressure following the release of Final HCOB…

FXStreet

Euro zone business growth hits over 3-1/2-year high despite inflation worries, PMI shows

Investing.com Economy

Forex Today: Euro selloff picks up steam, US Dollar ignores easing rate hike bets

Here is what you need to know on Monday, October 5:

FXStreet

Euro: Fiscal contagion fears weigh on single currency – MUFG

MUFG’s Lee Hardman highlights that Euro (EUR) weakness at the start of the week reflects mounting concerns over destabilizing financial conditions in the Euro-zone, triggered by a sharp sell-off in French government bonds.

FXStreet

SwissBorg joins Eurøpe Consortium to back euro stablecoin EURØP

SwissBorg's involvement in the Eurpe Consortium could accelerate euro stablecoin adoption, enhancing digital euro infrastructure and integration.

Crypto Briefing

Euro tumbles sharply, gap between France-German yields widen

The Euro (EUR) underperforms its major currency peers at the start of the week, weighed down by increased fiscal risks in France amid surging costs on public finances and political instability.

FXStreet

Euro hits 17-month low as political uncertainty in Spain and France rattles markets

Political and fiscal concerns are mounting in two of the euro area's biggest economies.

CNBC

BT strikes deal to rescue broadband firm TalkTalk; euro slides amid France debt burden fears – business live

TalkTalk’s wholesale and consumer arms will be sold to BT on a debt-free basis Clive Selley will lead the stabilisation and integration planning of the acquisition, BT said. He was appointed as head of BT’s international business…

The Guardian

Euro: Political risks weigh on common currency – Commerzbank

Commerzbank’s Thu Lan Nguyen argues that growing concerns over France’s public debt sustainability are now weighing on the Euro (EUR), after previously leaving the currency largely untouched despite bond market turmoil.

FXStreet