ECB Chooses Open European Standards for Digital Euro, Excluding Visa and Mastercard

The news that the ECB has chosen open standards for the digital euro, excluding Visa and Mastercard, could pose a long-term threat to Mastercard. However, in the short term, the stock price lacks a clear direction due to mixed signals from technical indicators. The RSI is neutral at 49.15, and while the MACD has shown a positive crossover above the signal line, the price remains below the 50-day SMA. The 4.62% decline in the last 24 hours indicates continued selling pressure. Therefore, a sideways trend or limited recovery is expected in the short term.

The European Central Bank's (ECB) preference for open standards in the digital euro could negatively impact traditional payment giants like Visa and Mastercard in the short term. However, this decision indicates that the adoption process for the digital euro is still in its early stages, and its market impact will remain limited. In global markets, this news may create slight selling pressure on payment sector stocks, but it will not be a decisive factor for broad market sentiment. Turkish markets will not be directly affected by this development, though the process of adapting to digital currency regulations may be monitored in the long term.

The news indicates that the European Central Bank (ECB) has chosen a standard for the digital euro that excludes Visa and Mastercard. Following this announcement, Visa's shares closed down 2.98%, reflecting the market's negative reaction. Although the RSI is at 48.4, indicating a neutral zone, the MACD is below the signal line and the price is below the 20-day SMA, pointing to short-term weakness. Selling pressure is likely to continue due to the impact of the news, but the decline may be limited as the 50-day SMA support is nearby.