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Tag Archives: eur/usd

EUR/USD Remains Around 1.2100

The buying bias around the EUR against the US dollar remains around 1.2100 for the time being. EUR/USD is floating in the area of ​​multi-day highs around 1.2100 on improving sentiment and risk trends. Actually, with additional support from President Biden’s plan to inject more stimulus into the economy, while …

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EUR/USD Gives Up Month-High

The Euro (EUR) is declining against the US Dollar (USD) on Thursday, after finishing Wednesday at its highest level in about a month at 1.1861. The EUR/USD is down by 0.36% at 1.1818, after levelling down earlier as low as 1.1812. The pair’s decline comes amid a recovery by the …

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Dubai TV Interview, September 7, 2020

The main remarks by Mohamed Hashad, Director of Research and Development at Noor Capital, to Dubai TV on Monday, September 7, 2020. Wall Street Recent remarks by the Federal Reserve at the Jackson Hall annual conference and the review of its policy, allowing inflation to go above the long-term target …

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EUR/USD Falls Following PMI Data

The IHS Markit flash composite purchasing managers’ index (PMI) for the Eurozone declined in August, to 51.6 from 54.9 in July, reflecting the challenging road for recovery facing economic activity in the European bloc.   However, the index remained in the expansion territory above the neutral 50 reading. The data …

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