EURC in the spotlight: latest news

After a bearish start to the week, EUR/USD shifted course in the latter part of Monday, closing slightly higher.

Serbia intends to invest 48 billion euros ($55 billion) in capital projects from 2028 to 2035 to boost economic growth, according to President Aleksandar Vučić.

The claim of "Scholasticide" is based on casualty data provided by Hamas. The statistics from Euro-Med predominantly originate from sources controlled by Hamas and do not indicate that Israel is responsible for the alleged educational crisis in Gaza.

A rare celestial event lit up the skies over western Europe on the evening of Sunday, March 8, as a bright fireball streaked through the atmosphere, causing damage to a home in Germany.

A Belgian evacuation flight transporting citizens trapped in the Middle East landed at Brussels Airport in Zaventem on Sunday, March 8.

The Pound Euro exchange rate reached its highest level in a month last week, driven by rising tensions in the Middle East that caused significant fluctuations in global energy markets.

The Pound to Euro exchange rate (GBP/EUR) surged past 1.1550, reaching one-month highs. This movement is attributed to changing expectations regarding Bank of England interest rates and adjustments in market positions.

Spain is preparing for severe weather as a new low-pressure front brings three days of heavy rain, thunderstorms, and snow to various regions.

Traders have become the most bearish on the euro since Russia's invasion of Ukraine four years ago, driven by concerns over the prolonged conflict in the Middle East and its impact on energy markets.

The Pound Sterling is expected to strengthen against the Euro this week, according to a year-ahead forecast based on a survey of over 30 investment banks. Investors can request a copy of the detailed projections.

Euro-Bund futures are currently approaching a crucial support level around 126 within a two-year descending triangle. If this support breaks, it could indicate a potential decline towards 114.

KARACHI – The currency market in Pakistan experienced mixed movements over the weekend. The US dollar, euro, pound sterling, UAE dirham, and Saudi riyal all remained significant in the market.

Sunday's football tips feature an exciting Milan derby, offering a lucrative 20/1 Bet Builder for bettors on March 8, 2026.

Basketball games in Newry and Larne are among the projects receiving a share of one million euros in peace funding. The Special EU Programmes Body announced that this funding will help grassroots organizations foster relationships, build confidence, and create connections in areas where they are most needed.

The son of Iran's leader is facing allegations regarding the ownership of real estate valued at 400 million euros. These properties, located in the UK, Germany, Austria, and Spain, are reportedly purchased through Ansari using funds from Iran.

Elisa Longo Borghini secured a solo victory at the Trofeo Oro in Europe, leading the UAE Team ADQ to a clean sweep of the podium. Karlijn Swinkels finished in second place, while Dominika Włodarczyk took third. A fourth teammate successfully defended against Puck Pieterse to maintain their position.

The forecast for the GBP/EUR exchange rate over the coming week suggests that a rise in oil prices to $100 could push the pound to reach 1.16 euros. This projection is based on insights from over 20 investment banks and foreign exchange analysts, highlighting potential upsides and downsides in the market.

The week-ahead forecast for the Euro to Dollar exchange rate highlights potential risks as a surge in oil prices may contribute to a decline in EUR/USD. Analysts from over 20 investment banks have provided insights on median projections, ranges, and the associated upside and downside risks.

Mercadona has lowered prices on over 200 products, including eggs, rice, and coffee, in an effort to make weekly grocery shopping more affordable for customers.

Real Madrid achieved a 2-1 victory over Celta Vigo in the Spanish La Liga, marking a return to form after a surprising home defeat to Getafe.

Bulgaria is set to adopt the euro in 2026, which is expected to simplify travel, boost cultural tourism, and enhance the country's year-round appeal, according to official tourism sources.

A significant fire broke out late last night at the Guadalmina Golf Course in Marbella, Spain, resulting in the total destruction of approximately 100 electric golf carts.

Germany is progressing on a 5 billion euro deal with Israel's Elbit Systems, which, if finalized, would involve the acquisition of hundreds of rocket launchers. This deal has the potential to boost Elbit's order backlog by approximately 20 percent, enhancing the company's operational capabilities.

The EUR/USD pair is currently struggling around the 1.16 level, with three potential scenarios that could lead it to either drop to 1.13 or rebound to 1.18. The pair closed the week at approximately 1.1603.

Slovenia's largest insurer, Triglav Group, announced on Friday its goal to achieve pre-tax earnings of between 170 million euros (approximately $197 million) and 190 million euros by 2026.