euro

EUR/USD Current Price: 1.2062 The US economy kept growing in April but at a slower than expected pace. German Retail Sales unexpectedly rose by 11% YoY in March. EUR/USD has retained the 1.2000 threshold, but its bullish potential is limited. The EUR/USD pair trades around 1.2060, up for...

EUR/USD Current Price: 1.2122 German’s GFK Consumer Confidence Survey unexpectedly fell to -8.8 in May. The Fed is not thinking about tapering but for sure sees things improving. EUR/USD holds on to intraday gains and could extend its rally towards 1.2200. The EUR/USD pair reached...

EUR/USD Current Price: 1.2086 US data beat expectations, but investors remained in cautious mode. US Federal Reserve set to announce its monetary policy decision on Wednesday. EUR/USD is technically neutral in the near-term but holding near monthly highs. The EUR/USD pair held within familiar...

EUR/USD Current Price: 1.2005 The European Central Bank left rates unchanged, maintained a cautious outlook. Markit will release on Friday the preliminary estimates of its April PMIs. EUR/USD turned bearish in the near-term, could approach the 1.1900 area. The greenback surged in the American...

EUR/USD Current Price: 1.2031 Currencies followed equities amid the lack of macroeconomic news. The ECB will announce its latest monetary policy decision on Thursday. EUR/USD has chances of extending its advance, depends on the ECB. The EUR/USD pair bottomed at 1.1998 this Wednesday, but it...

Major indices worldwide rose on Monday with President Biden’s proposed $1.9 trillion stimulus package in focus. Lawmakers from both parties are lobbying for a targeted relief bill. Futures: The Dow futures are up by 0.13%, and the S&P 500 futures are trading higher by 0.31% on...

Major indices worldwide traded in red on Friday as investors paused to book profits after the up rally ran out of steam.  Futures: The Dow futures are down by 0.70%, and the S&P 500 futures are trading lower by 0.60% on the last check Friday. WTI crude futures are down by 1.58% to $52...

Major indices worldwide traded higher on Thursday as President Joe Biden taking office on Wednesday restored investor optimism of a more significant stimulus. Futures: The Dow futures are up by 0.15%, and the S&P 500 futures are trading higher by 0.24% on the last check Thursday. WTI crude...

Major indices worldwide traded higher on Wednesday following the next U.S. Treasury secretary nominee Janet Yellen’s comments calling for a bigger stimulus package on Tuesday. Futures: The Dow futures are up by 0.11%, and the S&P 500 futures are trading higher by 1.06% on...

Major indices worldwide traded lower on Friday, following Wall Street's Thursday decline on jobless claims jumping unexpectedly. President-elect Biden unveiled his ambitious $1.9 trillion Covid-relief stimulus plan Thursday evening. The outgoing Trump administration continued to...

Major indices worldwide traded in the green on Thursday ahead of Fed Chair Jerome Powell's monetary policy outlook speech in a virtual event at 17:30. The Trump administration issued a clarification order Wednesday noting that investors have until November 2021 to sell securities in...

Major indices worldwide remained subdued on Wednesday with a downward bias. Investors remained cautious with the Trump impeachment vote in focus. The Dow futures are up by 0.08%, and the S&P 500 futures are trading higher by 0.10% on the last check Wednesday. WTI crude futures are up...

Major indices worldwide were tepid on Tuesday, except for China. Traders were cautious following Wall Street’s decline on Monday, as GOP lawmakers are considering outgoing President Donald Trump’s impeachment. The Dow futures are up by 0.24%, and the S&P 500 futures are trading...

Major indices worldwide are down on Monday as investors book profits after a strong week. Rising COVID-19 infections in Europe and mainland China also weighed on market sentiment. U.S. House Speaker Nancy Pelosi said House would vote to impeach outgoing-President Donald Trump. The Dow futures are...

Major indices worldwide are up on Friday, taking cues from Wall Street's Thursday rally. The markets cheered as U.S. Congress certified a Democrat victory, and Trump has acknowledged his loss and looks to transition to the Biden administration. The Dow futures are up by 0.39%, and the...