EURC in the spotlight: latest news

The forecast for the Pound-to-Euro exchange rate indicates that the British Pound remains strong, while the European Central Bank is exercising caution. Additionally, the performance of the US Dollar is influencing the Euro's value.

The EUR/USD pair is currently trading around 1.1650, following disappointing US JOLTS data and Eurozone PMI figures. While expectations of a Federal Reserve interest rate cut have strengthened the euro, concerns about debt and rising bond yields are limiting its upward movement, capping resistance near 1.1730.

Montenegro's state-controlled power utility, Elektroprivreda Crne Gore (EPCG), reported a significant increase in its net loss, which reached 24.5 million euros ($28.7 million) in the first half of the year.

Eurozone inflation increased to 2.1% last month, surpassing the European Central Bank's target, according to Eurostat data.

BTA has introduced a new section titled "Bulgaria and the Euro" in anticipation of Bulgaria's upcoming accession to the eurozone. This section will be available in both Bulgarian and English, offering comprehensive information about the transition.

As the week begins with a focus on data, the first significant test will be the release of the euro zone's inflation report during European hours. Meanwhile, investor attention remains on various market dynamics, including the challenges facing Nestle.

Die Deutsche Bank kehrt nach sieben Jahren in den Euro Stoxx 50, dem bedeutendsten Aktienindex der Eurozone, zurück. Zusammen mit Siemens Energy und dem belgischen Unternehmen Umicore wird sie in den Index aufgenommen.

Consumer prices in the Euro area increased marginally in August, with headline inflation reaching 2.1%, slightly exceeding the European Central Bank's target.

The Euro-Dollar exchange rate has declined due to a global sell-off in bonds. This trend has significant implications for currency markets and investors.

Unibail-Rodamco-Westfield SE announced the launch of a new euro-denominated hybrid issuance, along with a capped tender offer for its PERP-NC 2026 hybrid notes.

Inflation data may be significant, but the key factors influencing the EUR/USD exchange rate are U.S. politics, interest rates, and the labor market. This combination currently takes precedence over euro inflation risks.

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.