European Banking Authority — News Archive


New Record of Franc Against Euro

The Swiss franc reached a new record versus the euro today on concerns that the European leaders won’t be able to reach an agreement regarding necessary measures to battle the sovereign-debt crisis.

Canadian Dollar Looks More Attractive After EU Stress Tests

The Canadian dollar advanced today against all 16 most-traded currencies after eight banks in the European Union failed the stress tests, increasing concerns about the EU financial system.