Europe

EUR/USD Pushes Higher On Draghi’s Appointment

Amongst U.S. Dollar strength across the board coming into 2021, the Euro has come roaring back on further optimism on the vaccine, alongside asset markets strength....

Lagarde needs to place a lid on the Euro

If there is a time for a currency to be relatively weak, it's during recessionary periods. A stronger currency entails a rougher time for goods and services to be exported out of the country as those exports are more expensive...

Markets bounce back on stimulus hopes

Markets today bounced back as stimulus talks have come back into question. The NASDAQ is up around 0.7%, while the S&P 500 and the Dow Jones were up 0.8% and 0.43%, respectively....

Euro approaching 1.165 as bull run softens

The Euro against the US Dollar is approaching 1.165 – a historically busy support/resistance area. Traders and investors in the past couple of months have seen an 11% appreciation in the Euro. From a country's viewpoint, an appreciating currency is...

ECB leaves rates unchanged, Euro rises

The ECB decided to leave interest rates unchanged, with interest rates staying at negative 0.5%. The The Euro initially rose on the news, touching 1.19195. However, it has recently pulled back to its initial levels. The larger rise was against...

Euro priming up for 1.25?

We've recently talked about the potential demise of the U.S. Dollar. What currency is poised to benefit the most from the devaluation of the dollar? Euro is the first thing that comes to mind. Shortly after the safe-haven trade that...

Strong Bull Interest in the Euro

Everyone has been loving the Euro recently. The Euro currently sits at a 26 month high at around 1.19 against the U.S. Dollar. Now, it is up almost 12% from its March lows. Everything recently has been compared to how...

Euro eyeing out 1.18 against the dollar

The Euro has been on a tear recently, up 8.55% against the US Dollar over the past three months as investors become increasingly more confident in the continent....

Week Ahead: Rates, Jobs, GDP and CPI Data

The Financial Markets have a heavy data week ahead. With geopolitical tensions ratcheting up, and concerns turning to how governments will slowly pull back their unprecedented support, we are starting to see how the world reacts to a post-Covid world....
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