Tag Archives: Euro

The headline US Producer Price Index (PPI) rose at an annual pace of 9.7% in January, according to the latest report from the US Bureau of Labor Statistics on Tuesday. MoM, PPI came in at 1.0% in January, well above expectations for a 0.5% MoM gain. Core PPI metrics were …

The euro recovered on Tuesday, recouping almost all of its losses on Monday, buoyed by reports that some Russian forces in areas near Ukraine have begun to return to their bases. The single European currency rose 0.4 percent to $1.1346, with European shares recovering with the support of those reports. …

Financial markets are so edgy about tensions in eastern Europe, for good reason. Geopolitical scares typically produce very short-lived market disruptions, with commodities and risk assets quick to recover. The standoff between Russia and Ukraine could be different. Russia is threatening a massive invasion that could quickly subdue Kyiv, the …

European Central Bank President Christine Lagarde repeated that policymakers will not rush to remove stimulus in the Eurozone as she sought to highlight the limits of their powers at a time of volatile prices. ECB President Christine Lagarde delivered, Monday, an introductory statement at European Parliament within the framework of …

Major banks and financial institutions have issued an early warning of negative repercussions for the global stock market in the coming days if war breaks out between Russia and Ukraine. A short while ago, Russian Foreign Minister Sergei Lavrov told President Vladimir Putin that there are chances of reaching an …

The dollar rose to a two-week high on Monday as investors sought safe-haven assets amid fears that Russia was preparing to invade Ukraine. The United States said Russia could make the move at any time and could suddenly create a pretext for an attack, and on Sunday reiterated its pledge …

The movements of the Euro against the US dollar witnessed a mixed session, approaching by a few points from the first official station targeted in the previous analysis at the price of 1.1510, posting the highest level of 1.1495, to trade again on the negative side due to approaching the …

The dollar rose to an eight-day high on Friday after US inflation rose to a 40-year high and statements from a Federal Reserve official launched a wave of bets on a major hike in US interest rates. At the same time, the euro, which rose last week, is heading for …

The movements of the Euro against the US dollar witnessed a mixed session, approaching by a few points from the first official station targeted in the previous analysis at the price of 1.1510, posting the highest level of 1.1495, to trade again on the negative side due to approaching the …

Major currency pairs were quite volatile on Thursday following the release of US inflation figures. The US Consumer Price Index soared to 7.5% YoY in January, higher than the 7.3% expected.The core reading printed at 6%, also above the market’s forecast. The headline spurred a short-lived US dollar’s rally, although …