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
Ukraines top military commander, Oleksandr Silsky, warned on Saturday that Russia could launch a new offensive in the Kharkiv region, a region in northeastern Ukraine that has been ravaged by fighting since the conflict erupted in 2022.The statement showed that the British government made its first ministerial visit to Syria in 14 years and re-established diplomatic relations with Syria.On July 5, the head of the Kyiv Military and Political Administration Bureau of Ukraine, Tekachenko, said that the large-scale air strike launched by Russia on Kyiv in the early morning of the 4th has so far caused 2 deaths and 31 injuries, and the number of casualties continues to rise.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.
