Analysis: Currencies

ECB's Lagarde receives 140,000 euros from BIS despite payment ban for ECB staff, FT reports

European Central Bank President Christine Lagarde receives about 140,000 euros a year as a Bank for International Settlements board member despite an ECB ban on third-party payments to staff, the...

German finance minister calls talk of ECB president succession 'speculation'

German Finance Minister Lars Klingbeil said on Friday that discussion of the term length of ECB President Christine Lagarde was speculation, but that when it came time to find a successor, Germany...

Euro zone businesses perform better than expected in February as manufacturing bounces back, PMI shows

Euro zone business activity accelerated faster than forecast this month as manufacturing swung back to growth for the first time since October, though the dominant services sector marginally...

Dollar set for best week in four months on hawkish Fed, geopolitics

The dollar was poised on Friday to cap its strongest weekly performance since October, buoyed by a run of better-than-expected economic data, a more hawkish Federal Reserve outlook and as tensions...

Visa strikes deal for Prisma, Newpay to boost Argentina presence

Card giant Visa said on Thursday it would buy payment platforms Prisma and Newpay from private-equity firm Advent International, bolstering its presence in Argentina. The deal will help...

ECB's Lagarde signals no imminent exit as politics and central banks collide

European Central Bank President Christine Lagarde has told colleagues she remains focussed on her job and she would tell them first if she was about to step down, a message they took to mean she was...

ECB's Lagarde hints her exit is not imminent in message to colleagues

European Central Bank President Christine Lagarde has told colleagues she remains focussed on her job and she would tell them first if she was about to step down, a message they took to mean she was...

ECB's Schnabel sees no need to leave her board seat early, Bloomberg News reports

European Central Bank board member Isabel Schnabel said she plans to stay on for the full duration of her eight-year term, which ends in 2027, Bloomberg News reported on Wednesday. I...

ECB succession talk puts Knot and De Cos in frame for top job

The former governors of the Spanish and Dutch central banks are seen as the front-runners to replace Christine Lagarde at the helm of the European Central Bank, likely in a broader political deal that...

ECB's Cipollone has no indication President Lagarde plans early resignation

European Central Bank Executive Board Member Piero Cipollone said on Wednesday he had no news about ECB President Christine Lagarde resigning before the end of her term. On Wednesday...

ECB's Villeroy: I read a rumour about Lagarde, it does not seem like an information

Bank of France Governor Francois Villeroy de Galhau said that a Financial Times report that European Central Bank President Christine Lagarde plans to leave her job early was a rumour. I...

ECB President Lagarde plans to quit before Macron's term ends, FT reports

European Central Bank President Christine Lagarde plans to leave her job early, ahead of next year's French presidential election, to give outgoing French leader Emmanuel Macron a say in picking her...

US dollar may be due for a reprieve after a four-month decline

The U.S. dollar is due for a bit of reprieve after its four-month decline as the political and economic backdrop turns in its favor and some market analysts turn bullish on the currency. ...

Sterling struggles for direction before key British data

The British pound was struggling for direction against the dollar and the euro on Monday before key economic data due later this week that could make or break the case for more rate cuts from the Bank...

Currencies: a fragile calm

The macroeconomic releases of recent days have not upended the central scenario, but they have clarified the regime in which markets are now operating. We are neither in a euphoric acceleration nor...

ECB opens up euro lifeline in bid to boost global role

The European Central Bank is opening its euro lifeline to nearly all foreign countries to boost the single currency's global role amid geopolitical turmoil and fraying alliances. The ECB...

How to boost the international role of the euro

Euro zone finance ministers will discuss on Monday how to boost the international role of their euro currency to make Europe more competitive and resilient against economic pressure from the United...

US tariffs, Chinese competition weigh on EU trade, data show

The EU's trade surplus kept shrinking, data showed on Friday, as tariffs weighed on exports to the U.S. and rising Chinese imports crowded out domestic production, highlighting existential threats to...

Russia's economy minister delays recovery outlook, Interfax reports 

Russia's economy will continue to slow in the first half of the year, with a recovery possible only by late 2026 and more likely in 2027, Economy Minister Maxim Reshetnikov was quoted as saying on...