Today’s market session kicked off Europe with an exciting moment on this August. Positive economic data from the Eurozone provided support, while rising Asian equities provided support to European majors. Production of PMI numbers for the month of July focused on retail sales from Germany at the beginning of the week. German retail sales rose [...]
The EUR/USD is on uptrend today and the pair opened higher following the previous day’s upside momentum A venture manager who supports the founders of the ‘open economy’ today announced the new 2021 fund worth $130m (£93m) - the largest in Europe. The fund is backed by $ 30 million from the European Investment Fund [...]
The EUR/USD seems to be under downward pressure on the US dollar. The spread of the Delta Corona virus variant has worried investors about a global recovery and the dollar was nearing a record high on Monday as it sent money to safety. Daily infections are on the rise from the US and Europe to [...]
EUR/USD has made the positive moment upon recent bounce in the US Dollar and are expecting the ECB monetary policy. The European Central Bank’s (ECB) new strategy on inflation targeting allows more flexibility and preparedness for a future crisis, the central bank’s policymaker Yannis Stournaras said in an opinion column in Greece’s Kathimerini newspaper. European [...]
