Tag: euro
EURNZD Maintains Bullish Momentum Amid Supportive Technical Signals – Forecast for May 22, 2025
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The euro continues to gain strength against the New Zealand dollar, with the EURNZD pair sustaining its upward trajectory within a defined bullish channel....
Surprising Rise of the Russian Rouble as the World’s Best-Performing Currency
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The Russian rouble has made an unexpected leap to become the world's best-performing currency, despite the ongoing geopolitical volatility caused by Russia's invasion of...
European Stocks Slip Amid Search for New Market Drivers; U.K. Economy Posts Unexpected Growth
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European equity markets edged lower on Thursday as investors sought fresh catalysts following the initial surge sparked by the U.S.-China trade deal, which now...
EUR/JPY Edges Higher, Bullish Momentum Builds – Forecast for May 9, 2025
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The euro extended its gains against the Japanese yen, with the EUR/JPY pair advancing above the key resistance level of 163.25, reaching an intraday...
ECB Policymakers Lean Toward June Rate Cut
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Sources within the European Central Bank (ECB) have indicated that a consensus is forming among policymakers for a potential interest rate cut in June....
Trump Tariffs News: Stocks Rally Amid Mixed Trade Signals with China
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Stocks surged for a third consecutive day, with the Nasdaq Composite leading the charge, up 2.7%. The Dow Jones Industrial Average rose by 1.2%,...
Rupee Jumps 51 Paise to 86.17 Against Dollar on Weaker Greenback, Positive Market Sentiment
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The Indian rupee surged in early Friday trading, strengthening by 51 paise to 86.17 against the U.S. dollar, buoyed by a combination of bullish...
U.S. Dollar Extends Decline Following Sharpest Drop Since 2022
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The U.S. dollar continued its steep decline in Friday’s Asian trading, following its largest single-day drop in over three years. Mounting economic uncertainty, renewed...
EUR/USD Hits Three-Year High, Breaks Key Resistance Level
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April 11, 2025 — The euro surged against the U.S. dollar on Thursday, with the EUR/USD currency pair reaching its highest level in three...
Markets Show Little Concern Over U.S. Tariff Threats, Analyst Warns
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Currency market movements indicate a lack of concern over potential U.S. tariffs, according to MUFG Bank strategist Derek Halpenny. In a note to clients,...
Asian Stocks Subdued Amid Economic Concerns, Yen Softens as BOJ Holds Rates
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Asian stock markets were relatively subdued on Wednesday as economic concerns and shifting geopolitical tensions weighed on investor sentiment. Gold, a safe-haven asset, hovered...
European Markets Close Lower Amid Rising U.S.-Canada Trade Tensions
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European stock markets closed lower on Tuesday, extending losses as trade tensions between the U.S. and Canada intensified. The pan-European Stoxx 600 index ended...