EURC in the spotlight: latest news

Euro-area inflation has risen above the European Central Bank's target, reinforcing expectations that officials will maintain current interest rates.

Celtic must finalize the signing of former £20 million striker Kelechi Iheanacho by 11 PM tonight if they want him to bolster their squad for the Europa League.

KATHMANDU, Sept 2: The Nepal Rastra Bank (NRB) has released the foreign exchange rates for 22 international currencies for Tuesday. The US dollar remained stable, while the euro experienced gains.

Euro zone inflation rose to 2.1% in August, remaining near the European Central Bank's target of 2%. This increase is likely to bolster market expectations regarding interest rate adjustments.

Euro zone inflation unexpectedly increased to 2.1% in August, surpassing economists' predictions. Analysts surveyed by Reuters had anticipated the inflation rate to hold steady at 2%, the same level as in July.

Euro zone inflation slightly increased in August, remaining near the European Central Bank's 2% target. This trend is expected to reinforce market expectations that interest rates will be maintained at their current levels for the time being.

The British pound has fallen sharply against the euro due to rising borrowing costs in the UK. This decline has raised concerns among investors about the economic outlook.

The outlook for the Pound Sterling against the Dollar and Euro has worsened significantly, resulting in the currency hitting multi-week lows due to rising concerns over UK debt.

The Pound-to-Euro exchange rate has declined as new economic data from the Eurozone is expected to be released.

The GBP/EUR outlook continues to face challenges, as the British Pound has fallen to three-week lows around 1.1530, experiencing only a slight recovery to 1.1540.

The EUR/USD exchange rate is currently at 1.1637, facing pressure from rising US yields and developments in French politics. Support is established at 1.1550, while potential gains are limited in the range of 1.1735 to 1.1830.

Princess Leonor has arrived at the San Javier Air Academy to further her military training as she enters her fourth year.

A flotilla carrying humanitarian aid and international activists, including Swedish climate campaigner Greta Thunberg, departed from Barcelona on Sunday but was forced to turn back.

EUR/USD remains robust above the critical support levels of 1.1650 to 1.1670. Technical analysis suggests a possible upward movement towards 1.1750 as the euro demonstrates resilience.

Spain has experienced a significant surge in tourism, with a record 55.5 million arrivals and a total spending of €76 billion by July. While the UK, Germany, and France continue to dominate the market, Portugal has seen a remarkable increase of 13.6%, with its islands remaining popular attractions.

EUR/USD is currently trading at 1.1711, maintaining crucial support at 1.1648. Traders are anticipating a possible breakout towards 1.1750 in the upcoming sessions.

European Central Bank President Christine Lagarde expressed that a government collapse in the euro area would be a troubling development, particularly in light of the situation concerning the prime minister of her home country.

Austria's new central bank chief emphasized the need for the euro area to adopt a "growth mindset" in order to address the challenges it is currently facing.

Bayern Munich has renewed its efforts to acquire Chelsea's Nicolas Jackson, while Chelsea risks missing out on potential replacement Conrad Harder.

EGT Digital and EGT are set to make a significant impact at SiGMA Euro-Med 2025, kicking off September with their participation in the event. The companies will host guests at their booth, showcasing their latest innovations and offerings.

In July 2025, the seasonally adjusted unemployment rate in the euro area stood at 6.2%, a decrease from 6.3% in June 2025 and a drop from 6.4% in July 2024.

British consumer goods company Reckitt Benckiser is launching new bonds denominated in euros and sterling, according to data from LSEG.

Concerns over fiscal stability and increasing yield spreads between Germany and France are drawing attention to Europe's government bond markets, with yields reaching multi-year highs.

Xilam Animation, known for producing the acclaimed film "I Lost My Body," has expanded its European television network with the preschool series "Piggy Builders," which premiered on July 28 on the BBC.

Plans for the development of more than 130 new homes and a creche on the outskirts of Cavan town have received approval from An Coimisiún Pleanála officials.