[ad_1] © Reuters. FILE PHOTO: A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Picture taken August 28, 2018. REUTERS/Marcos Brindicci/File Photo By Amanda Cooper LONDON (Reuters) -The euro rose on Thursday for the first time this week, after data suggested the downturn in the euro zone economy
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[ad_1] EUR/USD News and Analysis Recommended by Richard Snow Get Your Free EUR Forecast Dwindling PMI Data Weighs on EUR/USD, Zone of Resistance Holds Firm PMI data for Europe continued the trend of weak data, underscoring the challenges faced by the continent as the global growth slowdown unfolds. On Monday a spike in bond market
[ad_1] 2/2 © Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo 2/2 By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Wednesday, drawing support from yet another resilient U.S. economic data reading, while the euro struggled to make
[ad_1] In the fast-paced world of Forex trading, keeping track of time zones is crucial. The ability to accurately monitor different time zones can make a significant difference in your trading success. Fortunately, the Time Zone MT4 Indicator is here to simplify this process for traders. In this article, we will explore the importance of
[ad_1] Share: The Euro trades on the defensive against the US Dollar. Stocks in Europe close the session with marked losses. EUR/USD loses some momentum and slips back to 1.0550. The USD Index (DXY) looks bid in the low 106.00s. Eurozone final inflation figures matched the preliminary readings. Housing Starts expanded 7.0% MoM in September.
[ad_1] UK: The BoE kept interest rates unchanged at the last meeting. The central bank is leaning more towards keeping interest rates “higher for longer” but it kept a door open for further tightening if inflationary pressures were to be more persistent. Key economic data like the latest employment report showed a very high wage
[ad_1] RAND TALKING POINTS & ANALYSIS Hawkish Fed & poor local data weighs negatively on rand. Fed’s Bostic in focus later today. Possible ascending triangle breakout on USD/ZAR daily chart. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter USD/ZAR FUNDAMENTAL BACKDROP
[ad_1] © Reuters. FILE PHOTO: Japanese Finance Minister Shunichi Suzuki speaks with the media after a meeting of G7 leaders on the sidelines of G20 finance ministers’ and Central Bank governors’ meeting at Gandhinagar, India, July 16, 2023. REUTERS/Amit Dave/file photo By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s finance minister said on Tuesday that authorities won’t
