Tag Archives: Euro

Market jitters ahead of the Federal Open Market Committee (FOMC) meeting on Wednesday are putting pressure on the Euro (EUR) against the US Dollar. The EUR/USD is trading at 1.0863, down 0.08% at the time of writing.Positive signs in Eurozone:Investor sentiment in the Eurozone received a boost after Germany’s ZEW …

European stock markets exhibited subdued trading on Tuesday, with losses in technology shares counterbalancing gains in consumer staple stocks, setting the stage for a mixed performance. The pan-European STOXX 600 index saw a marginal decline of 0.1% by 8:24 GMT, with a notable 0.6% downturn in technology shares. Economic Data …

The EUR/USD pair faced strong selling pressure near the 1.0960 resistance level, leading to negative trades and a return to stability below the psychological barrier of 1.0900. From a technical perspective today, examining the 4-hour time frame chart reveals a bearish technical formation supporting the potential for further decline, along …

European stocks opened with modest gains on Monday, with the basic resources sector leading the way, albeit tempered by investor caution ahead of euro zone inflation data. Key Points Market Movement: The European STOXX 600 index rose 0.1 percent by 0816 GMT, with the basic resources sector experiencing the most …

European shares maintained a subdued stance on Friday, balancing strength in the telecommunications sector against a broader sell-off in global equities triggered by hotter-than-expected U.S. inflation figures, which dampened expectations of a June rate cut. Telecom Sector Strength Counters Equities Sell-off The pan-European STOXX 600 index remained flat, as of …

The euro continues its gradual ascent against the US dollar, maintaining consistent technical patterns for the third consecutive session. Analyzing the 240-minute timeframe chart, the simple moving averages persist in guiding the price from below, reinforcing the bullish technical structure evident on the chart. With daily trading sustained above the …

European stocks opened on a positive note on Thursday, buoyed by upbeat corporate reports, although investor sentiment remained cautious ahead of crucial economic data releases from the United States. The European STOXX 600 index, a barometer of regional market performance, edged 0.2 percent higher by 08:11 GMT, lingering near its …

Amidst a landscape of currency markets characterized by cautious optimism, investors around the globe find themselves on the precipice of pivotal decisions, with the trajectory of the world’s largest economy poised to influence exchange rates and trading sentiments. Data-Driven Anticipation The currency arena resonates with anticipation as market participants eagerly …

The euro continues its gradual ascent against the US dollar, maintaining consistent technical patterns for the third consecutive session. Analyzing the 240-minute timeframe chart, the simple moving averages persist in guiding the price from below, reinforcing the bullish technical structure evident on the chart. With daily trading sustained above the …

European shares surged to new record highs on Wednesday, buoyed by gains in retail and utility stocks following upbeat corporate announcements. As investors eagerly awaited industrial production data from the region, the pan-European STOXX 600 index rose by 0.1% by 9:13 GMT, building on the momentum from Tuesday’s record-high close. …