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    Forex News Update from US , London and Euro

    The dollar edged higher in early European trade Tuesday, boosted by rising U.S. Treasury yields as traders position for the Federal Reserve tapering its bond-buying program this year after last week’s policy-setting meeting. EUR/USD fell 0.1% to 1.1686, with traders having to balance the uncertainty surrounding Germany’s political climate following Sunday’s general election and an unexpected rise in German consumer confidence. This follows the Federal Reserve indicating at its policy-setting meeting last week that it could begin asset tapering as soon as November, concluding around mid-2022, opening the way for interest rate hikes after that.

    Brought to you by Yahoo! Finance
    28 Sep, 2021
    / 02:58

    It’s a busier day ahead on the economic calendar. Consumer confidence figures from Germany and the U.S and central bank chatter will influence…

    Brought to you by Yahoo! Finance
    28 Sep, 2021
    / 01:40

    EUR/USD Current price: 1.1699 Germany new government may require at least a three-party coalition. US Durable Goods Orders beat expectations by rising 1.8% MoM in August. EUR/USD consolidates near the year low at 2021, it’s bearish in the near term. The EUR/USD pair fell to 1.1688 during Asian trading hours, as the greenback retained its post-Fed positive momentum. The US Central Bank had announced that it may soon start trimming pandemic-related facilities. Demand for the greenback eased ahead

    Brought to you by Yahoo! Finance
    27 Sep, 2021
    / 20:38

    The European Commission approved on Monday Romania's 29.2 billion euro plan to recover from the pandemic and transform the economy to become greener and more digitalised in coming years. Under the scheme, Romania will get from the EU 14.2 billion euros in grants and 14.9 billion euros in very cheap loans until 2026. The Commission said that 41% of the total amount would be spent on measures to reduce CO2 emissions and 21% on making the country ready for the digital age.

    Brought to you by Yahoo! Finance
    27 Sep, 2021
    / 15:15

    The Euro fell during the trading session on Monday to continue to look very threatened again. The market looks held been on trying to get towards the 1.16 level.

    Brought to you by Yahoo! Finance
    27 Sep, 2021
    / 13:45

    The direction of the EUR/USD on Monday is likely to be determined by trader reaction to 1.1719.

    Brought to you by Yahoo! Finance
    27 Sep, 2021
    / 12:13

    EUR/USD settled below 1.1720 and is moving towards the support level at 1.1690.

    Brought to you by Yahoo! Finance
    27 Sep, 2021
    / 07:50

    By Geoffrey Smith

    Brought to you by Yahoo! Finance
    27 Sep, 2021
    / 03:05

    It’s a relatively quiet day on the economic calendar. While stats are limited to U.S durable and core durable goods orders, central bank chatter will draw plenty of attention today.

    Brought to you by Yahoo! Finance
    27 Sep, 2021
    / 01:15

    Worried about a loss of control, central banks are 'borrowing' from decentralized finance to put their stamp on cryptocurrency.

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    25 Sep, 2021
    / 14:09

    Nexi is interested in working on a digital version of the euro, but there are no formal talks with the European Central Bank (ECB), the Italian payment group's corporate and external affairs director Saverio Tridico said on Friday. Nexi CEO Paolo Bertoluzzo was quoted by CNBC as saying on Wednesday that the company was "contributing to the design" of the ECB's proposed digital currency.

    Brought to you by Yahoo! Finance
    24 Sep, 2021
    / 16:54

    The Euro has gone back and forth during the course of the week, showing signs of hesitation to break down through support.

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    24 Sep, 2021
    / 14:51

    China has reiterated its crackdown on cryptocurrencies in the world's second largest economy and the latest statement from the People's Bank of China has apparently put pressure on the broader digital-asset complex.

    Brought to you by Yahoo! Finance
    24 Sep, 2021
    / 14:13

    The Euro has initially tried to rally during the trading session on Friday but fell back towards 1.17 level underneath.

    Brought to you by Yahoo! Finance
    24 Sep, 2021
    / 13:26

    The early price action suggests the direction of the EUR/USD on Friday is likely to be determined by trader reaction to the pivot at 1.1719.

    Brought to you by Yahoo! Finance
    24 Sep, 2021
    / 11:23

    EUR/USD tested resistance at 1.1750 but failed to develop sufficient upside momentum.

    Brought to you by Yahoo! Finance
    24 Sep, 2021
    / 07:40

    It’s a quieter day ahead, with economic data from Germany in focus early in the day. Later in the day, FED Chair Powell and other central bankers will also be in focus.

    Brought to you by Yahoo! Finance
    24 Sep, 2021
    / 01:01

    EUR/USD Current price: 1.1743 Encouraging news coming from China overshadowed tepid macroeconomic data. Markit September PMIs missed expectations in Europe and the US. EUR/USD needs to break above the weekly high to gain bullish potential. The EUR/USD pair advanced on Thursday on the back of a better market mood but held below its weekly high of 1.1755. Global markets welcomed relief news related to the Chinese Evergrande property company, as the risk of a default receded due to a possible split

    Brought to you by Yahoo! Finance
    23 Sep, 2021
    / 20:10

    The direction of the EUR/USD on Thursday is being controlled by 1.1690.

    Brought to you by Yahoo! Finance
    23 Sep, 2021
    / 17:20

    The Euro has rallied a bit during the course of the trading session on Thursday to reach towards the resistance area that we have been paying close attention to over the last couple of days.

    Brought to you by Yahoo! Finance
    23 Sep, 2021
    / 13:29

    European stocks ticked up on Friday morning even as data showed UK economic growth slowed in July.

    Brought to you by Yahoo! Finance
    10 Sep, 2021
    / 08:19

    By Samuel Indyk

    Brought to you by Yahoo! Finance
    20 Aug, 2021
    / 07:08

    The deal surpasses those made by FC Barcelona and Tottenham Hotspur.

    Brought to you by Yahoo! Finance
    16 Jul, 2021
    / 11:32

    The airline 'couldn’t escape the gut-wrenching turbulence the pandemic has caused for the airline industry.'

    Brought to you by Yahoo! Finance
    02 Jun, 2021
    / 08:52

    Kanabo will purchase up to 1,000 kg per year of cannabis flowers.

    Brought to you by Yahoo! Finance
    25 May, 2021
    / 15:11

    The eurozone economy shrank by 0.6% with jobs taking a hit compared with the previous quarter.

    Brought to you by Yahoo! Finance
    18 May, 2021
    / 10:40

    The funding will help the Lithuanian company expand into new regions.

    Brought to you by Yahoo! Finance
    12 May, 2021
    / 11:24

    Despite losses, 2.6 million customers have booked holidays with Tui for the summer.

    Brought to you by Yahoo! Finance
    12 May, 2021
    / 07:49

    Beginning on 30 April in the UK, the price for Spotify's student plan will rise to £5.99 per month.

    Brought to you by Yahoo! Finance
    27 Apr, 2021
    / 15:51

    Lockdown restrictions and a slow EU rollout of the COVID vaccine means in 2022 it will just about break even.

    Brought to you by Yahoo! Finance
    07 Apr, 2021
    / 07:45

    Study find cash is still regarded as as a 'store of value' and a 'safe haven' even as the use of cards to make payments has risen.

    Brought to you by Yahoo! Finance
    01 Apr, 2021
    / 13:14

    The fund provides grants to researchers, fact-checkers, not-for-profits and other public interest-oriented organisations working on 'disinformation research.'

    Brought to you by Yahoo! Finance
    31 Mar, 2021
    / 11:20

    Coronavirus is still a market mover, with fresh lockdowns being imposed across European nations and the problematic issue of vaccine supply very much still on officials desks.

    Brought to you by Yahoo! Finance
    28 Mar, 2021
    / 09:15

    Euro gained against the Great British Pound and the US Dollar today as German ZEW Economic Sentiment and European ZEW Economic Sentiment data were very positive, despite the prolongation of restrictions in Europe until mid-February.

    Brought to you by Yahoo! Finance
    19 Jan, 2021
    / 16:14

    At 3:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.2% at 92.597. EUR/USD climbed 0.1% to 1.1848, USD/JPY fell 0.1% to 104.53, while the risk sensitive AUD/USD rose 0.3% to 0.7287.

    Brought to you by Yahoo! Finance
    16 Nov, 2020
    / 02:54

    Trump once again shook the market with his Friday Tweet regarding the Stimulus bill where he wanted the deal to be completed ASAP, as a result, Gold and other commodities surged while the US Dollar Index plummeted.

    Brought to you by Yahoo! Finance
    11 Oct, 2020
    / 14:07

    By Geoffrey Smith

    Brought to you by Yahoo! Finance
    01 Oct, 2020
    / 06:34

    Capitaland smoothed line chart