Tag Archives: Euro

The EUR/USD pair faces resistance above 1.0270 as the US Dollar strengthens. Anticipation of President-elect Trump’s policies, including potential inflationary measures, is boosting the Greenback.While the Euro showed strength earlier, the US Dollar’s rebound, fueled by robust US job growth and expectations of limited Fed rate cuts, is hindering further …

European markets regained some ground on Tuesday following two consecutive sessions of losses, with easing bond yields and strong performance in the automobile and mining sectors driving early-session gains. The pan-European STOXX 600 rose 0.6% by 0823 GMT after declining by 1.4% over the previous two sessions. Key Sector Performance …

European stock markets opened lower on Monday, led by declines in technology and healthcare stocks, as stronger-than-expected U.S. labor market data dampened hopes for significant Federal Reserve rate cuts this year. The pan-European STOXX 600 index dropped 0.5% by 0812 GMT, extending losses from Friday when it fell nearly 1% …

European stock markets traded slightly lower on Friday as investors exercised caution ahead of the release of the U.S. monthly employment report, a critical indicator for shaping future Federal Reserve rate policy. By 03:10 ET (08:10 GMT), the German DAX index declined 0.1%, France’s CAC 40 dipped 0.1%, and the …

European stock markets traded slightly lower on Thursday, as investors evaluated economic data and retail sector earnings. At 03:05 ET (08:05 GMT), Germany’s DAX slipped 0.2%, France’s CAC 40 fell 0.2%, and the UK’s FTSE 100 remained flat. Trading volumes are expected to be muted, with U.S. markets closed to …

European stocks saw modest gains on Wednesday, driven by advances in heavyweight healthcare and financial sectors, while investors remained attuned to global monetary policy signals in the New Year. The pan-European STOXX 600 rose by 0.2% as of 08:21 GMT, maintaining its position near a three-week high. Financial services led …

European stock markets dipped on Tuesday, reversing some of Monday’s strong gains ahead of crucial eurozone inflation data. At 03:10 ET (08:10 GMT), Germany’s DAX fell 0.1%, France’s CAC 40 slipped 0.3%, and the U.K.’s FTSE 100 dropped 0.7%. Monday had seen impressive gains across European bourses, with the CAC …

Commenting on key financial assets, in an interview with Dubai TV, Mohamed Hashad, Chief Strategist at Noor Capital and a member of the American Association of Technical Analysts, highlighted that markets are closely. Q: Let’s start with gold prices, which recorded significant gains over the past year. Do current conditions …

The euro rises 1%, earlier during the North American session. After reaching 1.0224 last week, the euro bounces back against the US dollar on Monday. As markets are driven by political unrest in Italy, Austria, and Canada, President-elect Trump seems to be considering imposing universal US tariffs. The EUR/USD pair …

European stocks opened higher on Monday, supported by robust performances in the technology and banking sectors, as investors gear up for a week filled with crucial economic data, including inflation reports from Europe and jobs data from the United States. Market Highlights STOXX 600: Europe’s benchmark index rose 0.3% by …