Several countries aim to ditch dependency on the dollar and strengthen bilateral relations.
The EU's efforts to strengthen the Euro reflect a broader shift in global economic power away from the US and towards other regions, including Europe and Asia.
Balkan nation bids farewell to its kuna currency and becomes 20th member of the eurozone.
The patience of ordinary Germans is wearing thin as the country grows increasingly vulnerable to a severe energy crisis, posing a direct challenge to the Scholz administration.
The single currency, which has also weakened in recent months as a result of interest rate hikes outside the eurozone, sank to exactly one dollar before rising slightly.
The rouble was 0.7 percent stronger against the dollar at 70.49 as it gained 1.2 percent to trade at 73.84 versus the euro.
Twenty years of a single currency, but even die-hard Europhiles can’t fake it. Here’s why the euro is a failure.
Italy beat Spain 4-2 on penalties after a 1-1 draw in a magnificent Euro 2020 semi-final at Wembley. They will face either England or Denmark in Sunday's final.
The 2018 Ballon d’Or winning midfielder's majestic goal helps Croatia beat Scotland 3-1 and give the team a spot in the round of 16 at Euro 2020.
Captain Ronaldo scores from the penalty spot in the 87th minute to move ahead of Michel Platini as the all-time top scorer at the finals on 10 goals, which he quickly turned into 11 by dribbling the ball into the net in added time.
The US has long employed the power of its currency to dictate the foreign policies of other countries.
Investors focused on the positives despite growing US-China tensions stalling recovery for equities in May, amid signs that many European economies are coming back to life.
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