Dollar Higher, Yen Under Pressure as U.S. Yields Rise

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.

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28 Sep, 2021
/ 02:58

Central Bank Chatter and U.S Consumer Confidence Keep the EUR, GBP, and the USD in Focus

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…

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28 Sep, 2021
/ 01:40

EUR/USD Consolidates Near The Year Low At 2021, It's Bearish In The Near Term

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

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27 Sep, 2021
/ 20:38

EU exec approves Romania's 29.2 bln euro recovery plan

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.

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27 Sep, 2021
/ 15:15

EUR/USD Price Forecast – Euro Continues to Pressure Support

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.

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27 Sep, 2021
/ 13:45

EUR/USD Mid-Session Technical Analysis for September 27, 2021

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

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27 Sep, 2021
/ 12:13

EUR/USD Daily Forecast – Support At 1.1690 In Sight

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

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27 Sep, 2021
/ 07:50

Euro Flat as Tight German Election Promises Slow Progress on Forming New Govt

By Geoffrey Smith

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27 Sep, 2021
/ 03:05

Central Bank Chatter and U.S Economic Data Put the EUR, GBP, and the USD in Focus

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.

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27 Sep, 2021
/ 01:15

China's crypto ban puts spotlight on central banks putting their own spin on digital coins

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 exec says group interested in digital euro, no formal talks with ECB

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.

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24 Sep, 2021
/ 16:54

EUR/USD Weekly Price Forecast – Euro Forms Choppy Candlestick

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

Key detail in China’s crypto crackdown is callout of Bitcoin, Ethereum and Tether

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.

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24 Sep, 2021
/ 14:13

EUR/USD Price Forecast – Euro Gives Up Gains Heading Into the Weekend

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

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24 Sep, 2021
/ 13:26

EUR/USD Mid-Session Technical Analysis for September 24, 2021

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.

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24 Sep, 2021
/ 11:23

EUR/USD Daily Forecast – Resistance At 1.1750 Stays Strong

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

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24 Sep, 2021
/ 07:40

Economic Data and Central Bank Chatter Put the EUR and the Dollar in Focus

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.

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24 Sep, 2021
/ 01:01

EUR/USD Needs To Break Above The Weekly High To Gain Bullish Potential

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

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23 Sep, 2021
/ 20:10

EUR/USD Mid-Session Technical Analysis for September 23, 2021

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

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23 Sep, 2021
/ 17:20

EUR/USD Price Forecast – Euro Rallies Towards Recent Resistance

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.

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23 Sep, 2021
/ 13:29

European markets mixed as UK economy recovery slows

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

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10 Sep, 2021
/ 08:19

Nordea targets 1.12 in EUR/USD by mid-2022

By Samuel Indyk

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20 Aug, 2021
/ 07:08

Manchester City-owner raises $650m in mega debt deal

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

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16 Jul, 2021
/ 11:32

Budget airline Wizz falls to half a billion loss after 'most challenging year in history'

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

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02 Jun, 2021
/ 08:52

London-listed Kanabo signs Greek cannabis growing deal

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

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25 May, 2021
/ 15:11

EU economic growth hit by slow vaccine rollout

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

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18 May, 2021
/ 10:40

Online vintage clothes store Vinted raises €250m

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

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12 May, 2021
/ 11:24

Tui bets on Greek and Spanish summer holidays as it crashes to €1.5bn loss

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

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12 May, 2021
/ 07:49

Spotify hikes prices for UK users

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

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27 Apr, 2021
/ 15:51

Ryanair warns it will only breakeven in 2022 as outlook darkens

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

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07 Apr, 2021
/ 07:45

Cash still 'king' despite rise of contactless payments

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.

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01 Apr, 2021
/ 13:14

Google to give €25m to EU fund to 'fight misinformation'

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

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31 Mar, 2021
/ 11:20

Week ahead: UK GDP, EU inflation, Biden's $3trn infrastructure plan

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.

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28 Mar, 2021
/ 09:15

EURGBP Analysis – Can the Last Support Once Again Save Euro from Plummeting

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.

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19 Jan, 2021
/ 16:14

Dollar Weakens; Risk Sentiment Helped by Strong Data

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.

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16 Nov, 2020
/ 02:54

EURGBP Analysis Ahead of Fishy Brexit Talks

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.

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11 Oct, 2020
/ 14:07

Stimulus Hopes, Jobless Claims and Bank Stocks - What's up in Markets on Thursday

By Geoffrey Smith

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01 Oct, 2020
/ 06:34