Saturday, 3 October 2026European Markets

Currency & Economic Policy

1 article

Euro Hits 14% Annual Gain as Dollar Slides to 2022 Lows, Testing ECB Policy Stance

The euro surged 14% in 2025 while the dollar fell to its lowest level since 2022, creating headwinds for European exporters ahead of critical policy decisions. The British pound gained 7% over the same period, with the Swiss franc also strengthening. Fed leadership changes in June and progress on Iran-US nuclear negotiations are adding volatility to currency markets.

ViaNews Editorial Team (Europe)•Feb 22, 2026

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What we're seeing

Pharma Pipeline Catalysts and M&A Heat Up as AI-Designed Drugs Enter the Clinic

Late-September 2026 brought a dense run of clinical readouts: Novo Nordisk's CagriSema data at EASD, Lilly's ADtouch results for EBGLYSS, and Merck's tulisokibart Phase 2b result. Lilly's $2.9B Merida Biosciences acquisition and the 2026-11-14 FDA PDUFA date for ivonescimab sit alongside these as the main deal and regulatory events. AI-designed drugs such as rentosertib, and speculative AI-linked trial ventures such as QAIAx, are moving from hype toward clinical validation. Broader AI-sector regulatory and legal friction (Tesla Cybercab probe, xAI Minnesota ruling, OpenAI lawsuits) shows rising scrutiny that could spill into AI-driven healthcare.

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Signals we're tracking

Satellite-Terrestrial Network Integration Acceleration

Increased investment and launches in hybrid satellite-cellular networks across telecom industry; competitive responses from other carriers; regulatory activity around satellite spectrum; expansion of emergency/rural connectivity use cases

Patterns we're watching ›

Where sources disagree

Apple Inc.

The observation date (2025-12-27) precedes Q1 2026, making it logically impossible to have actual Q1 2026 cash data at that point. Q1 2026 would not end until March 31, 2026. Additionally, the magnitude of the difference ($45.3B vs $132.42) is implausibly large even as a normal quarterly change for Apple. While different fiscal periods can show different values, the timing relationship here suggests a data integrity issue rather than legitimate period-over-period variation.

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