Tag Archives: Euro

European stocks fell on Tuesday, affected by a decline in financial sector stocks after Qatar reduced its stake in Barclays Bank, while investors remained cautious ahead of important economic data later on Tuesday. The European STOXX 600 index fell 0.1 percent by 8:12 GMT. Barclays shares fell 3.3 percent a …

Negative trends dominated the initial trading sessions of the week for the Euro/Dollar pair, exerting downward pressure on the 1.0860 support level and reaching a low of around 1.0840 in the early stages of the current session. From a technical analysis perspective today, a closer look at the 240-minute time …

The Euro lost ground against the US Dollar, causing it to retreat to three-week lows around the 1.0820 TERRITORY at the beginning of the trading week. However, the dollar is enjoying buying interest around 103.70, flirting with the area of multi-session tops and surpassing the key 200-day SMA. The Euro …

European stocks fell on Monday after strong gains last week driven by increased bets on a cut in interest rates, with mining and energy stocks falling on weak commodity prices. The European STOXX 600 index fell 0.1 percent by 0810 GMT after touching the highest level in four months on …

European stocks rose as investors were optimistic about growing expectations of interest rate cuts as inflation declines, while awaiting the release of more economic data and comments from Federal Reserve Chairman Jerome Powell on Friday. The STOXX 600 index rose 0.5 percent by 0810 GMT amid a broad rally following …

The EUR/USD pair experienced a decline in the previous trading session, contradicting the anticipated positive outlook. In the earlier report, we relied on the stability of prices above 1.0960, noting that a return to stability below 1.0950 would temporarily halt the upward trend, leading to a retest of 1.0900 and …

The final GDP for France’s third quarter fell by 0.1% from the preliminary estimate, and the euro is currently trading at 1.0893. The preliminary CPI for France in November was +3.4%, suggesting that rate cuts in the Eurozone might occur sooner rather than later. This is because the economy is …

The Eurozone Harmonised Index of Consumer Prices (HICP) rose by 2.4% on an annual basis in November, marking a decrease from October’s 2.9% increase, according to official data published by Eurostat on Thursday. This figure fell short of market expectations, which anticipated a 2.7% print. In November, Core HICP inflation …

European stocks rose on Thursday, led by mining and energy stocks, as investors awaited headline inflation levels in the United States and the euro zone that could support expectations of global interest rates peaking. The European STOXX 600 index rose 0.1 percent by 0810 GMT, achieving its largest monthly gain …

The EUR/USD pair has returned to the robust support level highlighted in the previous technical report, situated at 1.0960. It has maintained stability above this level at the commencement of today’s trading. From a technical analysis standpoint, the 50-day simple moving average continues to provide a positive impetus, aligning with …