Tag Archives: Euro

The Euro is now supported by the European Union’s (EU) recent agreement for a recovery fund to help the bloc’s economy combat the downturn caused by the coronavirus disease (COVID-19) crisis. Approving the recovery fund spurred demand for European assets and extended the Euro’s rally, and now, market analysts are …

The single currency rose on Monday to hit a four-month high against the US dollar on traders’ speculation about the European Union summit and the possibility of reaching an agreement regarding a huge recovery fund for the region. EUR/USD rose 0.2% to 1.1443 after reaching a four-month high of 1.1467, …

The euro rose during the European morning, hitting its highest level in four months after increasing demand with Federal Reserve Governor Lil Brainard hinted that the US needed an easier monetary policy. EUR/USD rose 0.1% to 1.1408, after reaching its highest level since March 10 at 1.1423 earlier in the …

The Euro (EUR) has surged against major currencies during Monday’s trading, supported by the decline of the US Dollar (USD). A highly anticipated meeting for the European Central Bank (ECB) is set to take place on Thursday, while on Friday the European Union Leaders will discuss the COVID-19 crisis stimulus …

The Euro stalled its advance on Dollar Thursday after facing technical resistance and as stock market futures dipped lower across in the US, although the single currency ready to return to June highs before the week is out.  Euro is currently trading at 1.1327, down 0.03% against the US dollar, …

The European Union will take decisive measures against the United States if it is unwilling to settle a long-standing dispute over aircraft with new business investigations, the European Trade Commissioner said on Monday. The history of this dispute dates back to 2004 over subsidies and support for European Airbus and …

Euro posted gains at the start of the European session on Monday; these gains come after reliable German data and coronavirus stimulus plan. The EUR/USD pair reached 1.1298 at 10:15 GMT, with an increase of 0.46%, while Euro rose against British pound to 0.904, by 0.35% German factory orders increased …