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EUR/USD drifts higher above 1.0950 ahead of German Industrial Production – FXStreet

Early in Tuesday's European session, EUR/USD held steady around 1.0985. ECB policymakers continue to prepare for an accommodative policy stance. Traders have withdrawn their bets that the Fed will cut rates aggressively at its November meeting. EUR/USD extended its recovery to around 1.0985 in early European trading on Tuesday. Major currency pairs are rising while […]

Entire German Green Party Leadership Resigns over Election Failures

The entire federal executive committee of Germany's Green Party resigned on Wednesday following a series of crushing defeats in local elections. The left-wing party is losing supporters in large numbers amid growing opposition to core parts of its platform, including its environmental policies, support for the war in Ukraine and open borders. Green party leaders […]

German Central Bank: Mergers Must Yield ‘Robust’ Competition – PYMNTS.com

The head of Germany's central bank hopes that bank mergers will create stronger, more competitive financial institutions. “We need strong, robust banks to enable businesses to tackle and finance the challenges of the future.” German Bundesbank chief Joachim Nagel He said during his speech Commerzbank Events in Frankfurt Wednesday (September 18th). “In the event of […]

German soccer assoc. will let trans athletes choose gender

Germany's top soccer association has decided to allow transgender players to self-declare their gender identity in order to comply with new German law. The German Football Association (Deutscher Fussball-Bund) recently held a workshop in Frankfurt to discuss what reforms it could implement to the football league. The DFB said it continues to work to “liberalize […]

German installation artist Rebecca Horn dies aged 80 | Art and design

Rebecca Horn, the German installation artist known for her surreal and sensual “art machines” that incorporated musical instruments, bird feathers and mechanical engineering, has died aged 80, her foundation confirmed. According to Moontower FoundationHorn died on Friday evening in his hometown of Bad König in the Odenwald region of western Germany. Born in 1944, one […]

German Bank Shuts Down Account Of AfD’s Sascha Schlösser After Election Win

The bank accounts of politicians from the right-wing Alternative for Germany (AfD) party have been closed, lawmakers announced on Thursday. Deutsche Kreditbank (DKB) has closed the account of Sascha Schlöser, according to a Twitter post, which included a copy of a letter from DKB informing them of the decision. “The DKB took the opportunity to […]