Tag Archives: Euro

The Euro is experiencing losses against the US dollar as the European session draws to a close. The EUR/USD pair slides back to the 1.0919 zone, at the time of writing, as the American currency advances further. The USD Index maintains a positive mood past 102.76. Spanish unemployment shrank by …

European stocks fell on Wednesday to their lowest levels in nearly two weeks, with technology and auto stocks leading the losses, as investors globally fled from risky assets after Fitch Ratings suddenly downgraded the credit rating of the United States. The pan-European Stoxx 600 index fell 1.1% by 0708 GMT, …

European stocks fell at the open on Tuesday as weak factory activity data in Asia and some disappointing corporate earnings halted a rally that pushed several regional indices to multi-year highs. The pan-European Stoxx 600 index was down 0.1 percent by 0714 GMT, with the mining and real estate sectors …

Positive data from the Eurozone showed a growth in the GDP in the first reading of the second quarter at 0.6%, and a slowdown in inflation to levels of 5.3% in July. The Eurozone has been battling high inflation for the past year, which has prompted the European Central Bank …

European stocks fell on Monday ahead of data expected to show inflation slowing in the euro zone in July, likely supporting expectations that the European Central Bank will keep interest rates unchanged in September. The pan-European Stoxx 600 index fell 0.1% by 0714 GMT, but looked set to record gains …

European stocks retreated on Friday from multi-month highs hit during the previous session, as investors digested a mixed batch of corporate earnings reports and bond yields rose after the Bank of Japan adjusted monetary policy. And by 0716 GMT, the pan-European STOXX 600 index was down 0.3%, having closed on …

European stocks rose on Thursday as traders reacted to a slew of earnings reports in the morning and awaited the European Central Bank’s monetary policy decision after the Federal Reserve raised interest rates as expected. And by 0713 GMT, the European STOXX 600 index rose 0.4 percent, after Asian stocks …

The EUR/USD pair rises, benefiting from the weaker performance of the US dollar following Fed’s policy decision. The Fed hiked rates by 25 bps as expected to 5.25-5.50%, its highest in 22 years, meanwhile, all eyes are focusing now on ECB’s decision on Thursday, expected to deliver a 25 bps …

European stocks settled near their highest levels in five weeks today, Tuesday, and shares of mining and luxury goods companies led the gainers, after China pledged more support for its slowing economy, but the mixed results of the companies’ business limited the gains. The European Stoxx 600 index was little …

Spanish stocks were the losers among European stock exchanges on Monday after the country’s general elections ended without a clear winner, indicating a political deadlock and causing concern among investors. The Spanish stock index fell 1.1 percent, its lowest level in about a week, after the results of the elections …