Tag: Europe

Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to understand the risks involved before deciding to trade. Leverage can increase the level of risk...

Today's focus is on the German ZEW indicator for November, as it will be the only economic data released. It will be interesting to see if the positive trend in expectations seen in October...

The dollar is showing strength as the new week begins, maintaining its post-election momentum despite it being a partial market holiday in the US. The greenback is gaining ground against the yen, euro, pound,...

The recent news from the Bank of England (BOE) regarding their policy and potential rate cuts has been causing a stir in the forex trading market. Analysts are closely examining various factors such as...

In October, Spain's services sector experienced a slight weakening in growth momentum, with a PMI reading of 54.9, falling short of expectations set at 57.0. However, this reading is still considered solid overall. Sales...

The EURUSD continues to rise, despite the release of stronger services ISM non-manufacturing data today. Employment numbers have increased, while new orders and prices paid have decreased. The ongoing election voting is still underway,...

European equities showed little movement at the market open today, indicating a sense of stagnation in the market. Investors are advised to proceed with caution as trading in foreign exchange carries a high level...

The Bank of England's upcoming decision on interest rates is expected to have a significant impact on the value of the British Pound (GBP). According to MUFG, the slower pace of interest rate cuts...

Major currencies are mostly steady at the moment, with the Japanese yen being the only one showing some movement as we transition from Asia to Europe. Following the BOJ policy decision where rates were...

As we turn our focus to European trading, the Japanese yen is making waves in the market. Key technical resistance levels are starting to break for yen pairs, adding some excitement to what has...