Tag Archive: eur

CAC Steadies After Starting Week With Losses, PMIs Next

The CAC index is showing little movement in the Tuesday session. Currently, the index is at 5,259.80, up 0.07% since the close on Monday. On the release front, German and eurozone confidence reports for February beat the forecasts, but were…
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DAX Under Pressure Despite Strong German Releases

The DAX index has posted slight losses in the Tuesday session. Currently, the index is trading at 12,362.98, down 0.19% since the Monday close. On the release front, German and eurozone confidence reports for February beat the estimates, but slowed compared…
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EUR/USD – Euro Slips as German Economic Sentiment Softens

The euro has posted considerable losses on Tuesday, after a slow start to the week. Currently, the pair is trading at 1.2341, down 0.53% on the day. On the release front, German and eurozone confidence reports for February beat the…
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Higher Yields Pushing Dollar Up

Tuesday February 20: Five-things the markets are talking about Overnight, global stock indexes have declined along with U.S futures, while the ‘big’ dollar has rallied a tad as U.S Treasury yields back up towards their four-year highs. No central bank…
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Don’t go barking up the wrong tree in the Year of the Dog

Don’t go barking up the wrong tree in the Year of the Dog A predictable wave of profit taking and risk reduction, as is standard form ahead of US long weekends, dominated Friday session leading to USD gains as US …
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Dollar Regains Ground Ahead of Fed Minutes

Higher US inflation fails to spark dollar revival The US dollar depreciated across the board versus major pairs despite consumer prices rising more than expected. Inflation anxiety had triggered a sell-off in global stock markets with the Fed expected to…
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EUR/USD – Euro Hits 3-Year Higher as German Inflation Jumps

The euro rally is steady in the Friday session. Currently, the pair is trading at 1.2503, down 0.02% on the day. On the release front, the German Wholesale Price Index climbed 0.9% in January, rebounding from a reading of 0.3%…
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