Tag Archives: Euro

European stock markets opened on a positive note Monday, showing resilience despite fresh U.S. trade tariffs. DAX (Germany): Up 0.3% CAC 40 (France): Up 0.1% FTSE 100 (UK): Up 0.1% Key Market Drivers: New U.S. Tariffs and Retaliation Risks President Trump announced 25% tariffs on all steel and aluminum imports, …

The EUR/USD pair fell to near 1.0360 on Friday following the release of stronger-than-expected US Nonfarm Payroll (NFP) data for January. The US Dollar Index (DXY) rose to around 107.90 as a result. While job growth was lower than anticipated at 143,000 (compared to the expected 170,000 and the revised …

European stock markets advanced on Thursday, with investors keeping a close watch on the Bank of England’s (BoE) upcoming rate decision and digesting a wave of corporate earnings reports. Germany’s DAX: +0.8% France’s CAC 40: +0.6% UK’s FTSE 100: +1.2% Bank of England Expected to Cut Rates The BoE is …

The EUR/USD pair experienced a temporary bullish rebound in the previous session, recovering from the psychological support at 1.0200 and reaching a high of 1.0442. Technical Outlook: The Stochastic indicator is attempting to gain bullish momentum, supporting the possibility of further upside. The pair is holding above the previously breached …

European stock markets edged lower on Wednesday as investors digested corporate earnings, global trade tensions, and upcoming economic activity data from the region. At 08:05 GMT (03:05 ET): Germany’s DAX fell 0.4% France’s CAC 40 declined 0.2% UK’s FTSE 100 slipped 0.1% Trade War Fears Weigh on Sentiment Market caution …

European equities edged lower on Tuesday, pressured by declines in automobile and telecom stocks, as escalating trade tensions between the United States and China unsettled investors. The pan-European STOXX 600 index declined 0.3% in early trading, extending losses from Monday when the benchmark posted its largest single-day drop in over …

European stocks retreated sharply on Monday, mirroring a global selloff as investors feared an escalating trade war after U.S. President Donald Trump imposed new tariffs on China, Canada, and Mexico. Market Reaction: STOXX 600 index fell 1.4% by 0810 GMT S&P 500 futures dropped 1.3%, signaling a weak Wall Street …

European stock markets rose slightly on Friday, supported by the European Central Bank’s (ECB) interest rate cut, while investors assessed corporate earnings and inflation data across the region. Germany’s DAX gained 0.1%. France’s CAC 40 rose 0.2%. UK’s FTSE 100 climbed 0.2%. Key Market Drivers 1. ECB Rate Cut Fuels …

European stock markets advanced on Thursday, as investors evaluated a wave of corporate earnings while anticipating the European Central Bank’s (ECB) policy decision and eurozone growth data. DAX (Germany): +0.2% CAC 40 (France): +0.3% FTSE 100 (UK): +0.1% Key Market Drivers 1. ECB Policy Decision in Focus European equities received …

The EUR/USD pair remained within a narrow sideways range in the previous session, trading above 1.0380 and below 1.0450 without significant movement. Technical Outlook: The pair remains below the key resistance levels of 1.0460 and 1.0485. The Stochastic indicator is positioned near overbought levels, suggesting potential downside pressure. Key Levels …