EURC in the spotlight: latest news

The Pound Sterling has weakened against both the Euro and the Dollar following the release of the latest jobs statistics.

Citi has enhanced its Citi Token Services platform by adding support for euro transactions and has launched a new operational center in Dublin.

Spain has been confirmed as the winner of UEFA EURO 2024, and attention is now turning to the next tournament, EURO 2028, which will take place in four years.

The U.S. dollar fell in value against both the euro and yen on Tuesday due to growing concerns about the weakening U.S. labor market, following a report indicating a decline in private sector job growth.

EUR/USD is currently trading around 1.1560, maintaining stability after approaching the 1.1580 resistance level, as the U.S. Dollar Index stabilizes at 99.63.

A Cavan construction firm's proposal for a multi-million euro housing development in Ballyconnell has faced setbacks due to local residents' objections. They argue that the plans are excessive and not suitable for the area.

The European Commission's latest Standard Eurobarometer survey revealed that a record 83% of respondents in the euro area support the euro.

Analysts predict that the British pound will continue to face pressure in the coming days.

The euro remained stable against the dollar on Monday as investors took a cautious approach ahead of the upcoming speech by European Central Bank President Christine Lagarde and the release of ZEW economic data.

The Pound Sterling showed weak performance in global markets as the GBP/EUR exchange rate experienced a slight recovery on Monday, reaching 1.1385. However, it failed to break the resistance level of 1.1400.

Bulgaria's TBI Bank announced on Monday the successful placement of a new three-year bond issue totaling 60 million euros ($69.4 million), which will be callable after two years.

Many WorldTour cycling stars, including Evenepoel, van Aert, van der Poel, and Ayuso, are making appearances in the United States. Their visits include utilizing wind tunnels, participating in public relations rides, and engaging in celebrity meetups.

The digital euro initiative has received significant backing within the European Union; however, there remains opposition from certain banks and lawmakers regarding the central bank digital currency.

Barclays Plc successfully attracted significant demand for its first issuance of euro-denominated Additional Tier 1 debt since 2014.

The pound to euro exchange rate (GBP/EUR) is expected to continue its recent recovery in the upcoming week, with potential gains reaching the 21-day moving average.

Fuengirola will host a unique flamenco harp concert on Thursday, November 13, featuring the talented Jerez-born artist Ana.

Russian authorities have confirmed the suspected murder of Roman and Anna Novak, a couple from St. Petersburg, who went missing in the United Arab Emirates earlier this year. An international manhunt is currently underway to locate the individuals involved in this case.

A magnitude 6.7 earthquake occurred off the Sanriku coast in the Pacific Ocean on Sunday evening, leading the Japan Meteorological Agency to issue a tsunami alert for coastal areas.

Italy has expressed its support for the European Central Bank's initiative to implement a digital euro. However, the country advocates for a gradual rollout of the digital currency to ensure a smooth transition.

Italian banks are in favor of the European Central Bank's (ECB) digital euro initiative. However, they are urging the ECB to distribute the associated costs more evenly.

The Italian Banking Association has expressed its support for a digital euro central bank digital currency (CBDC) and is advocating for the costs of implementation to be distributed over a longer period.

Spanish authorities have apprehended a suspect alleged to be the leader of an international investment scam, referred to as the Madeira Invest Club, which is linked to 260 million euros (approximately $300 million).

The Euro to Swedish Krona (EUR/SEK) exchange rate remained stable at approximately 11.03 on Friday, showing minimal change throughout the week as the Swedish krona demonstrated strong resilience.

The EUR/USD exchange rate is currently at 1.1566, recovering from a low of 1.1467. This rebound comes amid a U.S. data blackout, uncertainty surrounding the Federal Reserve, and a slowdown in the Eurozone economy.

The Euro to Dollar (EUR/USD) exchange rate has seen a modest rebound following a significant correction in October, currently stabilizing near the lower range of its multi-month trading pattern.