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Euro reaches 18 months high

The dollar nursed losses against most currencies undermined by concern that Republicans and Democrats – unlike their European counterpar…

EU leaders brace for a long weekend of talks

EU leaders will today meet in person for the first time since February to try and settle their differences over a radical 750 billion-euro fun…

USD finds traction despite rising coronavirus cases

Germany’s industrial production rebounded in May, rising by 7.8% on the month after falling 17.5% in April, in the latest sign that Euro…

USD falls following protests in the US while trade- sensitive AUD rises

U.S. President Donald Trump made no move to impose new tariffs on China during a news conference on Friday where he outlined his response to B…

Clashes expected within the EU regarding the new stimulus plan

European shares inched higher as investors focused on a fresh stimulus plan for the European Union. The aim is to help countries and sectors w…

Euro continues its rally following aid package

The euro held firm basking in the afterglow of a Franco-German proposal for a common fund that could move Europe closer to fiscal union while…

Analysis: Hourly EURUSD 20.05.2020

Technical Chart pick of the day: EURUSD – Bullish The Euro remains upbeat following relaxation of lockdown measures across t…

Yen rallies as tensions rise between China and the US

The Japanese yen scaled a three-year high against the euro and a seven-week peak on the dollar after a court decision challenged Germany&rsquo…

Eurozone GDP shrinks by 3.8% while jobless claims in the US soar further.

The eurozone economy contracted at a record rate in the first three months of the year and inflation slowed sharply as much economic activity…

Bank of England to finance government

The Bank of England has agreed temporarily to finance government borrowing in response to COVID-19 if funds cannot immediately be raised from…

EU leaders fail to agree on more support for the economies

European Union finance ministers failed to agree on more support for their coronavirus-hit economies. A feud between Italy and the Netherlands…

US stimulus package revives markets

U.S. senators and Trump administration officials have reached an agreement on a massive economic stimulus bill to alleviate the economic impac…

Fed cuts key rate in a sudden emergency move sending US indices to a fall

The U.S. Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the impact of the c…

More stimulus measures expected from the G7 meeting

European Central Bank President Christine Lagarde joined the growing voices asking for more stimulus echoing the U.S. Federal Reserve, the Ban…

Markets continue to fall but Chinese indices and the Euro bounce back

The International Monetary Fund is likely to downgrade its growth forecast as a result of the fast-spreading coronavirus which is likely to ha…

Gold slips on rare positive correlation with equities and USD

Financial markets continued their fall today as investors worry about the spread of the coronavirus which has now gripped countries all over t…

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