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    Forex News Update from US , London and Euro

    The world’s largest cryptocurrency exchange will stop offering cryptocurrency margin trading with the Australian dollar, euro and sterling.

    Brought to you by Yahoo! Finance
    26 Jul, 2021
    / 16:45

    German business sentiment weakens in July. The EUR failed to slide, however, with sentiment towards current conditions delivering support.

    Brought to you by Yahoo! Finance
    26 Jul, 2021
    / 10:56

    The announcement comes hours after CEO Changpeng Zhao tweeted that Binance was reducing the maximum leverage users can use to trade futures contracts.

    Brought to you by Yahoo! Finance
    26 Jul, 2021
    / 10:54

    Binance, the world's largest cryptocurrency exchange, said on Monday that it would stop offering cryptocurrency margin trading involving the Australian dollar, euro and sterling. The cryptocurrency exchange's curbs on its services come as a string of regulators across the globe have been issuing warnings about the platform and some of the services it offers. From Aug. 10, Binance will suspend margin borrowing for bitcoin, ether and other large cryptocurrencies and their Australian dollar, euro and sterling pairs, the company said in a statement.

    Brought to you by Yahoo! Finance
    26 Jul, 2021
    / 09:52

    EUR/USD remains stuck in the 1.1750 – 1.1800 range.

    Brought to you by Yahoo! Finance
    26 Jul, 2021
    / 07:09

    The dollar edged lower in early European trading Monday, but remained at elevated levels ahead of this week’s important policy meeting by the U.S. Federal Reserve. This week’s key event is the two-day meeting of the Federal Reserve, concluding on Wednesday. There isn’t expected to be a change in policy at this meeting, but the central bank could provide more clarity over when it will start to taper its massive bond-buying program, in the light of above-trend economic growth and inflation.

    Brought to you by Yahoo! Finance
    26 Jul, 2021
    / 03:01

    It’s a quiet day ahead on the economic calendar. German business sentiment figures will be in focus later this morning. Expect any COVID-19 news updates to also draw attention.

    Brought to you by Yahoo! Finance
    26 Jul, 2021
    / 02:15

    The Euro has fallen again during the course of the week as we continue to slump overall. Looking at the longer-term chart, you can see just how important this general vicinity is.

    Brought to you by Yahoo! Finance
    23 Jul, 2021
    / 13:34

    The Euro has gone back and forth during the course of the trading session on Friday as we continue to see a lot of support just below, but obviously there is quite a bit of downward pressure in general.

    Brought to you by Yahoo! Finance
    23 Jul, 2021
    / 13:15

    The direction of the EUR/USD on Friday is likely to be determined by trader reaction to 1.1791. Next Major Downside Target is 1.1704

    Brought to you by Yahoo! Finance
    23 Jul, 2021
    / 11:57

    Euro zone bond yields sought direction on Friday and were little moved by mixed business activity readings from the region's largest economies, while investors continued to digest Thursday's ECB policy decision. The data had little impact on the bond market, and the euro zone wide data is due at 0800 GMT. Most euro zone 10-year bond yields were up around a basis point in early trade, with Germany's 10-year yield, the benchmark for the region, at -0.41%, near the lowest since February touched earlier this week.

    Brought to you by Yahoo! Finance
    23 Jul, 2021
    / 07:48

    EUR/USD is trying to settle below the support level at 1.1775.

    Brought to you by Yahoo! Finance
    23 Jul, 2021
    / 07:01

    It’s a busy day ahead on the economic calendar. Prelim private sector PMIs for July are due out. For the Loonie and the Pound, retail sales figures will also influence.

    Brought to you by Yahoo! Finance
    22 Jul, 2021
    / 23:12

    EUR/USD Current Price: 1.1772 The ECB kept its monetary policy unchanged, presented vague forward guidance. EU data was worst than anticipating, spurring demand for safe-haven assets. EUR/USD is pressuring weekly lows and poised to extend its slump. The EUR/USD pair is ending Thursday in the red and at weekly lows, trading at around 1.1770 after a failed attempt to break higher. The European Central Bank announced its decision on monetary policy, and as widely anticipated, it left rates and the

    Brought to you by Yahoo! Finance
    22 Jul, 2021
    / 20:57

    TOKYO (Reuters) – The safe-harbour U.S. dollar and yen were on the back foot on Thursday, after pulling back from multi-month highs amid a recovery in risk appetite as strong earnings lifted Wall Street stocks.

    Brought to you by Yahoo! Finance
    22 Jul, 2021
    / 20:45

    The Euro has initially tried to rally during the course of the trading session on Thursday, but then pulled back from the 1.18 level as the ECB statement was relatively dovish.

    Brought to you by Yahoo! Finance
    22 Jul, 2021
    / 13:28

    The European Central Bank, as expected, left interest rates and its program of asset purchases unchanged Thursday, while tweaking its forward guidance on policy to put it in line with its newly adopted inflation target. The ECB earlier this month completed a strategic review, adopting a symmetric 2% inflation target in place of its previous aim of keeping inflation near but just below 2%. In a statement following its policy meeting, the Governing Council said it expects "key ECB interest rates t

    Brought to you by Yahoo! Finance
    22 Jul, 2021
    / 12:00

    Recovery in eurozone economy on track but pandemic remains growing source of uncertainty, says ECB president.

    Brought to you by Yahoo! Finance
    22 Jul, 2021
    / 11:49

    The direction of the EUR/USD on Thursday is likely to be determined by trader reaction to 1.1788.

    Brought to you by Yahoo! Finance
    22 Jul, 2021
    / 11:38

    C.R.E.A.M Finance has just announced its platform will be the world’s first to begin offering Euro-pegged tether tokens (EURt) and a Euro stablecoin.

    Brought to you by Yahoo! Finance
    22 Jul, 2021
    / 09:27

    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

    By Geoffrey Smith

    Brought to you by Yahoo! Finance
    28 Sep, 2020
    / 07:02

    News that AstraZeneca (NYSE:AZN) has resumed late-stage trials of its Covid-19 vaccine candidate, coupled with Pfizer (NYSE:PFE) CEO Albert Bourla saying its candidate has a “good chance” of submitting key data from late-stage trials by the end of October, has created a more positive attitude to risk, hitting the dollar. “Despite its profound fall in the past few days, we expect the pressure on GBP to continue building ... as until-recently complacent investors adjust to the new reality of a heightened no-deal Brexit risk and start/continue building GBP shorts,” ING added.

    Brought to you by Yahoo! Finance
    14 Sep, 2020
    / 02:56

    By Geoffrey Smith and Peter Nurse

    Brought to you by Yahoo! Finance
    12 Sep, 2020
    / 07:19

    At 2:50 AM ET (0650 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.2% at 93.090, with EUR/USD up 0.2% at 1.1829. The euro has pushed higher, helped by Bloomberg News reporting that ECB officials are growing more confident in the bloc's economic outlook. With this in mind, traders will be following this ECB meeting closely.

    Brought to you by Yahoo! Finance
    10 Sep, 2020
    / 02:53

    The dollar gained in early European trade Wednesday, with the sharp selloff in U.S. equity markets prompting traders to ditch riskier currencies in favor of the world's reserve currency. "The tech selloff has caught the market by surprise and it is a bit jittery as to whether there are broader implications," said Bank of Singapore currency analyst Moh Siong Sim, in a Reuters report. EUR/USD slipped 0.1% to 1.1768, continuing to retreat from the 1.20 level it briefly touched last week before European Central Bank chief economist Philip Lane’s comments that the exchange rate mattered to monetary policy.

    Brought to you by Yahoo! Finance
    09 Sep, 2020
    / 02:58

    Capitaland smoothed line chart