EUR/USD
1.17747
0.156%
Gold
3334.89
0.269%
Oil
65.635
-1.022%
USD/JPY
144.562
-0.237%
GBP/USD
1.36511
-0.031%
GBP/JPY
197.337
-0.256%
Real-time News
On July 5, European Central Bank board member Makhlouf said that if the euro wants to quickly replace the dollar as the pillar of the global financial system, countries still have a long way to go, because there are still many gaps in financial and economic integration among European countries. Makhlouf said that the dominance of the dollar will weaken in the long run, but Europe currently lacks a single fiscal asset that is as stable as U.S. Treasuries and can compete with it. "Frankly speaking, Europes economic system is not yet fully formed," Makhlouf said, adding that changes in currency exchange rates in recent months are more due to investors concerns about the rule of law in the United States. Makhlouf said: "It would be a bit of an exaggeration to say that this will suddenly push the euro to replace the dollar, because the euro does not currently have such capabilities."ECB board member Makhlouf: Euro is not ready to challenge dollars status as global reserve currency.Russian Embassy: The Russian trade mission to Sweden has come under attack again, with a drone dropping paint on its premises.Turkish President Erdogan: We believe that the ceasefire between Iran and Israel has opened a door to Gaza, and Hamas has also demonstrated its sincerity many times.On July 5, the press office of the Russian Federal Investigative Committee said that a year ago, a Russian Il-76 transport plane carrying Ukrainian prisoners of war crashed. It was found that the person who ordered the destruction was Nikolay Jarman, commander of the Ukrainian missile brigade. The department said that it has announced an international wanted notice for him.
