Cartoon by the French cartoonist Plantu, from March 1979, showing the new ECU as a guide and lifeboat for the nine participating countries (Source: Plantu. Le douanier se fait la malle, 20 ans de ...

For the past five years the eurozone has alternated between stagnation and crisis. The single currency—a step toward the cherished goal of “ever-closer union”—has, instead, caused ever-higher tensions ...

Dollar-denominated unit trusts that invest offshore offer investors an easy avenue to holding such assets without the hassle ...

Central bankers in the European Union are making the case that US dollar-backed stablecoins could be a threat to their ability to make monetary policy. The stablecoin market has boomed over the past ...

Central Europe's main currencies may be close to a ceiling after hitting fresh multi-month highs in the past month, a Reuters ...

Most Americans think that the U.S. dollar is the dominant world currency, and in many ways, it is. In fact, the dollar has been the currency of choice since not too long after World War I. However, in ...

What do Dr. Victor Frankenstein, the scientist in Mary Shelley’s classic horror story, and the architects of the euro currency have in common? Answer: They both created destructive monsters. The euro ...

THE Irish left the sterling zone. The Balts escaped from the rouble. The Czechs and Slovaks left each other. History is littered with currency unions that broke up. Why not the euro? Had its fathers ...

FRANKFURT, GERMANY -- — Ten years ago, Europe launched its grand experiment with a shared currency -- and watched it plunge in value before recovering. But as the anniversary of the Jan. 1, 1999, ...