Tag Archives: Eurozone

During the currency market’s trading today, Tuesday, the New Zealand dollar recorded strong profits and was the most profitable major currency by about 1.63%, benefiting from some positive developments in the currency market, which positively affected its trading, especially the statements of New Zealand Reserve Governor Adrian Orr. During his …

Gold prices, Monday, sum up the whole market scene in terms of market sentiment and risk appetite. The yellow metal rose about 1% as a retreat in U.S. bond yields and persisting worries about inflation lifted the safe-haven asset ahead of major central bank meetings later on during the current …

The EUR/USD has been trading on a bullish trend throughout the last two weeks, with an increase from 1.1520s to 1.1660s, although this climb was more of a reaction of the larger downtrend, and it seems to have ended now.The US economy is speeding up again, as it enters another …

The S&P500 and Nasdaq were down at the opening session on Friday after chipmaker Intel warned of falling profit margins. Snap topped the losses among social media companies after reporting that digital ads had been affected by Apple’s privacy changes. The Dow Jones Industrial Average fell 4.64 points, or 0.01%, …

The Eurozone manufacturing sector activity improved in the reported month, the latest manufacturing activity survey from IHS/Markit research showed on Friday. The Eurozone Manufacturing purchasing managers index (PMI) arrived at 58.5 in October vs. 57.0 expectations and 58.6 prior. The index hit eight-month lows. The bloc’s Services PMI dropped to …

Bundesbank president Jens Weidmann has thrown an additional wild card on the negotiation table for Germany’s economy after Merkel’s last term in office.After 10 years opposing the ECB’s loose fiscal policy,the German economist announced his departure on Wednesday for personal reasons. Last month’s election pushed has pushed Dr Weidmann out …

The European Commission said Thursday that its measurement index of consumer confidence in the Eurozone declined to minus 4.8 in October from minus 4.0 in September. Economists polled by The Wall Street Journal had forecast a reading of minus 5.0. The fresh reading comes amid rising inflation and economic recovery …

The European session was mostly quiet, with the dollar holding steady while commodity currencies fell after an early advance in Asia Pacific trading. A slightly weaker risk mood in European morning trade may keep risky trade more cautious, as the Australian dollar fell from 0.7540 earlier today to 0.7480 before …

The European trading session, on Wednesday, was quiet for the second consecutive day. The U. S. dollar became further steadier earlier in the European session, but it is now following a more mixed trading pattern, with the sterling tracking lower as it moved away from key resistance near 1.3800.Gold’s gains …

Today’s trading was quiet, except for the release of the Australian Reserve meeting minute early this morning, which had a slight impact on the risk appetite in the markets. The safe-haven dollar fell on Tuesday to its lowest level in three weeks against other major currencies amid an improvement in …