Tag Archives: Euro

European stocks traded near the flatline on Tuesday, as investors weighed U.S. tariff plans, upcoming earnings from Nvidia (NASDAQ: NVDA), and political developments in Germany. Market Performance (as of 04:08 ET / 09:08 GMT): Stoxx 600: +0.1% to 554.06 FTSE 100 (UK): +0.1% DAX (Germany): -0.1% CAC 40 (France): -0.2% …

European markets edged up on Friday, as investors assessed fresh business activity data and ongoing geopolitical risks, including trade tensions and defense spending concerns. As of 04:21 ET (09:21 GMT): STOXX 600 rose 0.3% to 552.56, though it was set for a weekly loss, snapping an eight-week winning streak—the longest …

The EUR/USD pair maintained its upward trajectory during the previous trading session, aligning with expectations outlined in the last technical report. The pair is now testing the psychological resistance level of 1.0500, signaling potential for further gains. Technical Outlook A closer look at the 4-hour chart indicates strong bullish momentum, …

European stock markets traded in a mixed fashion on Thursday, as investors closely monitored corporate earnings reports from major firms. As of 03:21 ET (08:21 GMT): Germany’s DAX edged up 0.2%. France’s CAC 40 gained 0.3%. UK’s FTSE 100 slipped 0.3%. Key Corporate Earnings Highlights Schneider Electric Exceeds Expectations French …

European stock markets saw mixed trading on Wednesday, as investors reacted to corporate earnings results and higher-than-expected UK inflation data. Market Performance (as of 09:33 GMT): Germany’s DAX edged up 0.1%. UK’s FTSE 100 slipped 0.1%. France’s CAC 40 dipped 0.2%. Pan-European Stoxx 600 hovered around the flatline, after reaching …

European markets saw modest gains on Tuesday, as investors closely monitored ongoing geopolitical developments. As of 03:08 ET (08:08 GMT), Germany’s DAX rose by 0.1%, the FTSE 100 in the U.K. increased by 0.2%, and France’s CAC 40 edged up by 0.1%. U.S.-Russia Talks Sideline European Involvement Geopolitical tensions remained …

EUR/USD Technical Analysis The EUR/USD pair successfully reached the official target of 1.0500, marking a high of 1.0506 in the previous session. Technical Outlook: Key Resistance & Support Levels: The pair faced resistance at 1.0500, leading to a bearish bias toward the 1.0450 support level. The 50-day simple moving average …

Bond Market Update: German 30-year bond yields: +8 basis points to 2.76% France and UK bond yields: Also increasing, following a similar trend to Germany. This decline in longer-dated European government bonds comes amid speculation about increased security spending in Europe, potentially following a high-level meeting in Paris between EU …

European aerospace and defence stocks surged on Monday as political leaders across the region called for an emergency summit on the Ukraine war, following growing U.S. pressure to boost military spending. Stock Market Performance (as of 08:20 GMT): Rheinmetall (Germany): +8.3% Saab AB (Sweden): +7.1% BAE Systems (UK): +6.5% Leonardo …

US Dollar turned lower last week after the strong bad effect of Trump’s trade rhetoric faded to some extent. The currency also missed the opportunity to make use of the testimony of Fed’s chief Jerome Powell against the Senate. Recent inflation and spending data played a role in dollar weakness …