Euro News (EUR)

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No change of the indicator value may reduce the volatility of the related markets.

3 November
EU willing to accept US trade agreement with exemptions — Bloomberg

The European Union (EU) is prepared to approve a trade agreement with the United States that would impose a 10% tariff on many of the bloc’s exports. But EU demands reduced rates for key sectors including pharmaceuticals, alcohol, semiconductors, and commercial aircraft, Bloomberg reports.

1 July
EU willing to accept US trade agreement with exemptions — Bloomberg
ECB’s Simkus expects reduction in interest rates by regulator towards year-end

According to a statement by ECB official Gediminas Simkus to Reuters, another interest rate cut will most likely occur later this year. He justifies his position by citing the financial regulator's lack of information, including trade outlook data.

1 July
ECB’s Simkus expects reduction in interest rates by regulator towards year-end
European Union. CPI (MoM). The value of the indicator has increased from 0% to 0.3%

An increase of the indicator value may contribute to the rise in quotes of EUR.

1 July
European Union. CPI (YoY). The value of the indicator has increased from 1.9% to 2%

An increase of the indicator value may contribute to the rise in quotes of EUR.

1 July
European Union. Manufacturing PMI. The value of the indicator has increased from 49.4 to 49.5

An increase of the indicator value may contribute to the rise in quotes of EUR.

1 July
Germany. German Unemployment Rate. The value of the indicator remained at the same level of 6.3%

No change of the indicator value may reduce the volatility of the related markets.

1 July
Germany. German Manufacturing PMI. The value of the indicator remained at the same level of 49

No change of the indicator value may reduce the volatility of the related markets.

1 July
Germany’s inflation slows in June to match ECB’s 2% target

German inflation unexpectedly cooled in June and matched the European Central Bank’s target for the first time in almost a year. Consumer prices in Germany rose 2% from a year earlier, with May figure standing at 2.1%.

1 July
Germany’s inflation slows in June to match ECB’s 2% target
European bond market to benefit from uncertain US trade policy — BlackRock

According to BlackRock analysts, European bonds stand to benefit from a potential outflow of investments from American securities. This shift is driven by uncertainty surrounding the administration's trade policy and the growing US government debt.

1 July
European bond market to benefit from uncertain US trade policy — BlackRock
Germany. German CPI (MoM). The value of the indicator has decreased from 0.1% to 0%

A decrease of the indicator value may contribute to the fall in quotes of EUR.

30 June

The European currency is one of the world's major monetary units. It has a crucial role to play in the global economy. Market participants constantly need to identify trends and forecast fluctuations in the euro exchange rate in order to make reasonable trading decisions.

Key drivers of the euro are the following:

  • Macroeconomic indicators such as consumer price indices (CPI), estimates of gross domestic product (GDP), and central bank decisions;
  • Political variables such as geopolitical stability and government policies.

Market manipulation by large investors has a significant impact on the exchange rate of the European currency. Their actions can both stabilize and greatly shake the money market. These may include:

  • large injections or withdrawals of currency from the market;
  • change in the general mood among investors, which often depends on economic and political conditions.

Investment activity monitoring can help to understand and predict trends in the movement of the European currency rates.

Forecasting the value of the euro is a challenging task. There are many reasons for this, including geopolitical and economic risks that make foreign exchange markets particularly susceptible to change. Minor political instability or financial crisis in certain countries may have a significant impact on the value of the European currency, emphasizing the need to carefully consider these factors when developing investment strategies.

Successful trading the Eurozone currency requires a comprehensive approach. Analyzing global political and economic circumstances, taking into account the influence of traders, and assessing risks are integral parts of the decision-making process for opening trading positions.