Tag Archives: Euro

Quiet negative trading dominated the movements of the EUR/USD pair amid the holiday in the American markets at the beginning of this week’s trading, with the euro maintaining negative stability against the US dollar, recording its lowest level at 1.0771. Technically, by looking at the 4-hour time frame chart, we …

The Reserve Bank of Australia meeting will be the focal point of the Asian session. The interest rates are not anticipated to alter. Additionally, the Services PMIs’ final reading will be made public. Data on US factory orders and wholesale inflation in the Eurozone are due later in the day.In …

The euro has continued to rise since the beginning of daily trading on Monday, driven by improved risk appetite in global financial markets after measures announced by China to support the real estate sector, in addition to statements by Christine Lagarde, President of the European Central Bank, which favoured further …

European stocks rose on Monday, boosted by positive sentiment in Asian markets, amid investor optimism that a series of stimulus measures announced by China will help its slowing economy, and Novo Nordisk shares reached a new record high. The European STOXX 600 index rose 0.6 percent by 0720 GMT, after …

European stocks stabilized on Friday, with the support provided by energy and mining companies offsetting the impact of pressures from the weak performance of German copper producer Aurobis after a profit warning, and Volkswagen after a downgrade in the stock’s recommendation. By 0711 GMT, the European STOXX 600 index settled …

The EUR/USD pair reversed the expected upward trend during the previous technical report under negative pressure from negative inflation data, invalidating the positive outlook in which we relied on trading stability above 1.0880 at the time the report was issued, explaining that the trading stability below 1.0870/1.0880 with the closing …

European stocks rose at the open on Thursday, and the financial sector received support from the shares of the Swiss bank UBS after the bank’s decision to acquire its local competitor, Credit Suisse, while investors awaited a set of important economic data to be issued later on Thursday. By 0710 …

Yesterday, the euro presented a positive trading session against the US dollar within the expected positive outlook, in which we relied on confirmation of the pair’s breach of the 1.0880 resistance level, explaining that this is a motivating factor that enhances the chances of touching 1.0915, a first target, and …

Despite poor US GDP and employment market data, the EUR/USD pair is up 0.38 percent, suggesting that the Fed may delay raising interest rates. In addition to strengthening the Euro, the US Dollar Index declines to 103.187 as US Treasury note yields also retreat.German HICP surpasses expectations, supporting the Euro …

European stocks rose at the open on Wednesday after positive results from Prudential Insurance supported the sector index, while investors awaited more important data to assess the strength of the economy in the region. By 0703 GMT, the European STOXX 600 index rose 0.1 percent after rising about 1 percent …