Tag Archives: Euro

The dollar gained across the board on Monday, regaining some of its momentum which it lost earlier in October. The American currency has been boosted by bets and expectations of another jumbo rate hike by this week’s Fed monetary policy meeting.The dollar’s gains could be limited if the Fed signals …

The annualized Eurozone Harmonised Index of Consumer Prices (HICP) jumped by 10.7% in October vs. September’s 9.9%, the latest data published by Eurostat showed on Monday. The market forecast was for a 9.8% print. The core figures climbed to 5.0% YoY in October when compared to 4.9% expectations and 4.8% …

European shares fell on Monday, led by lower energy and mining shares, while investors awaited the key inflation reading in the eurozone, which is likely to show prices rose to new record levels in October. The pan-European Stoxx 600 index fell 0.1 percent after closing higher on Friday, while the …

Japan’s Nikkei index closed at a six-week high on Monday, October 31, tracking Wall Street’s strong close in the previous session, with technology stocks topping the list. The Nikkei rose 1.78% to 27,587.46 points, its highest level since Sept. 20, and its biggest one-day gain since Oct. 14. The broader …

The yen fell on Friday as the Bank of Japan stuck to its accommodative policy, while the dollar attempted to recover from losses at the weekend on expectations that the Federal Reserve would signal a slowdown in interest rate hikes. The dollar was last up 0.8 percent against the yen …

Japan’s Nikkei fell on Friday, as weak Wall Street and some weak results from local companies weighed on sentiment, although the benchmark index maintained its first weekly gain in three weeks. The Nikkei fell 0.88 percent to 27,105.30 points, but remained significantly higher than the important 27,000 points barrier. The …

European shares fell on Friday, dragged down by weak commodity prices and mixed corporate earnings, as investors weighed the path to tighten monetary policy amid a slowdown in economic growth. The pan-European STOXX 600 index fell 0.9 percent by 0719 GMT; miners led losses with commodity prices tumbling amid concerns …

The single European currency reversed the bullish trend despite the European Central Bank raising interest rates by 75 basis points to return to stability below 1.0000. On the technical side, we find the 50-day simple moving average still carrying the price from below, supporting the possibility of a rise. On …

Euro sinks after ECB rate hike, US dataThe euro dropped more than 1% on Thursday, falling back below parity with the dollar, after the European Central Bank raised interest rates and following Thursday’s US data showing that the world’s biggest economy rebounded more than expected in the third quarter.The ECB …

The dollar rose on Thursday after falling earlier to its lowest level in a month in volatile trading ahead of the European Central Bank’s expected interest rate hike. Meanwhile, the yen gained some strength ahead of the Bank of Japan’s monetary policy decision on Friday, rising to 145.11 against the …