Euro News

In an Active Mode, GBPJPY Gets Set for the Upside Momentum GBPJPY Price Analysis – August 28 The pair is likely to stay uneventful in the short-term as the RSI and the moving averages are flattening and the price is rising slowly. In any case, the recent fundamentals affecting the Pound had made the pair […]

EURJPY Price Analysis – August 23 In today’s trading session, the common European currency traded sideways against the Japanese Yen. The currency pair was trading below the moving average 5 and 13 since yesterday’s trading session. We may see bearish traders pressurize the currency pair towards the level at 117.50 before the end of today’s […]

AUDUSD Price Analysis – August 22 The Aussie is holding weaker so far with the yuan softer on the day on a softer note for the equities and treasury yields. However, yuan has a relative effect on USD as the PBOC fixed the yuan weaker again today, reaffirming the notion that they will allow the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CBI distributive trade survey’s retail sales balance dropped in August In the UK, the CBI distributive trade survey’s retail sales balance recorded an unexpected drop to a level of 49.00% in August, compared to market expectations of an advance to a […]

AUDUSD Price Analysis – August 15 The bears were in full control moving the market lower in the prior session, although in the present session we see the pair found buyers around the level at 0.6748 for the 4th day in a row while the pairs bear dominance is evident falling to lowest close since […]

EURJPY Price Analysis – August 16 The pair depreciated again in value against the Japanese Yen. The currency pair during the mid-week breached both the upper and lower horizontal lines on the moving average 5 and 13 while completing another lap on the low in today’s session towards the low level at 117.50. Key Levels […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE: No-deal Brexit might cause significant market turmoil The Bank of England (BoE), in its bi-annual Financial Stability Report, warned that the increasing possibility of a no-deal Brexit could cause massive disruption to the UK economy. Additionally, the report highlighted a gloomy […]

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The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone industrial production fell as expected in April In the Euro-zone, the seasonally adjusted industrial production recorded a drop of 0.50% on a MoM basis in April, at par with market expectations. Industrial production had dropped by a revised 0.40% in the […]

This year has marked the 20th anniversary of the Euro but the continent-wide currency has reached this milestone on the back of a crisis in which its future was in question. So, for investors watching on, was this a happy birthday or are we in the dying days of a failed experiment? It’s fair to […]