The euro has edged lower at the start of the week and dipped below the 1.13 line in the European session. EUR/USD is trading at 1.1315 in the North American session, down 0.25% on the day, as the US dollar is broadly higher. German PMIs outperform The week started with strong German data, as PMIs […]
Bulgaria’s Finance Ministry says the government is exploring crypto payment options but it did say that the country won’t become the major hub for miners as they are fleeing the countries like China and Kazakhstan as we are reading more in today’s crypto latest news. Bulgaria’s Finance Ministry and deputy prime minister for EU Funds […]
Investors in need of a lift Earnings season is off to a rocky start and not only are investors not comforted by what they’re seeing, but it’s also contributing to the unease in the markets. The next week will be huge after an awful start to the year that’s brought inflation and interest rate anxiety, […]
The euro is steady on Thursday, as EUR/USD trades at 1.1330 in the North American session. Eurozone CPI hits 5.0% Inflation has been the buzzword across the major economies, boosted by soaring energy costs and supply bottlenecks which have resulted in shortages in some products. In the eurozone, inflation ticked up from 4.9% to 5.0% […]
It’s turned into a mixed session across Europe with indices giving up earlier gains initially before reversing course once more to tread water as we near the open on Wall Street. It appeared we could have been heading for a second consecutive positive session when Europe got things underway this morning, something we haven’t been […]
