EU boosts euro against dollar
5h
The Eurogroup urged boosting the euro’s role in capital markets, and the ECB widened central-bank access to euro liquidity to strengthen EU monetary sovereignty against dollar dominance.
Reposted by Juliet Johnson
Really excellent piece from @rajakorman.bsky.social, highlighting that the core barrier to the RMB rivaling the euro & the dollar as a major global reserve currency is that China's domestic financial markets are not remotely developed or globally integrated to the point that this is feasible.
February 16, 2026 at 5:40 AM
Really excellent piece from @rajakorman.bsky.social, highlighting that the core barrier to the RMB rivaling the euro & the dollar as a major global reserve currency is that China's domestic financial markets are not remotely developed or globally integrated to the point that this is feasible.
"Geopolitical Risks and Exchange Rates" is published at Finance Research Letters: doi.org/10.1016/j.frl.2025....
February 15, 2026 at 5:00 PM
"Geopolitical Risks and Exchange Rates" is published at Finance Research Letters: doi.org/10.1016/j.frl.2025....