The European Central Bank (ECB) has highlighted the need for a digital euro to address competition from dollar-backed stablecoins promoted by US President Donald Trump. ECB board member Piero Cipollone underscored this point during a conference in Frankfurt,

The European Central Bank meets on Thursday for the first time since Donald Trump returned to office, leaving U.S. tariff threats looming over the euro zone's sluggish economy and potentially complicating the economic outlook.

The ECB has reiterated its commitment to introducing a digital euro, spurred in part by recent executive order by President Donald Trump.

According to the CME FedWatch tool, the Fed is certain to keep interest rates unchanged in the range of 4.25%-4.50%. Investors will pay close attention to Fed Chair Jerome Powell’s press conference to determine whether policymakers are comfortable with Trump’s call for immediate rate cuts.

The ECB has reinforced its push for a digital euro in response to Trump’s executive order promoting US dollar-backed stablecoins.

Euro zone banks need a digital euro to respond to U.S. President Donald Trump's push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday.

The European Union's central bank is reportedly pushing for a digital euro to counter US President Donald Trump's embrace of dollar-pegged private sector stablecoins.

The weaker Australian dollar is welcome news for businesses that export to countries like the US, but the lower currency can be a drain on travellers' budgets and hit import businesses.

Donald Trump has directed the declassification of all remaining government records related to the assassinations of JFK, RFK, and MLK.

European Central Bank (ECB) executive board member Piero Cipollone reportedly reiterated calls for EU banks to introduce a digital euro after US President Donald Trump signed an executive order ...

FRANKFURT (Reuters) - Euro zone banks need a digital euro to respond to U.S. President Donald Trump's push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar ...

At the same time, the EU has suggested the UK could join an international trading partnership that would help soften Brexit – the Pan-Euro-Mediterranean Convention (PEM). European Commission President Ursula von der Leyen also used a speech at the Davos World Economic Forum gathering of global politics and business bigwigs to call on a previously sceptical EU to “deepen our relationship with China”,