No change of the indicator value may reduce the volatility of the related markets.
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Euro News (EUR)
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Dollar falls against major currencies after US credit rating downgrade
On May 19, the US dollar fell against a number of foreign currencies following the downgrade of the American government's credit rating.
19 May
France to announce record foreign investment at Macron’s annual summit — Bloomberg
Bloomberg says that French President Emmanuel Macron will report 37 billion euros ($41.1 billion) in foreign investment during the annual meeting with business leaders. His goal is to improve investor sentiment as the country’s anemic economic expansion is facing damage from US trade duties.
19 May
Germany's €500 billion spending plan could prompt EU fiscal rule revision
Germany may advocate for changes to the European Union's recently updated fiscal rules following the establishment of a new €500 billion (approximately $560 billion) special fund, according to Moritz Schularick, president of the Kiel Institute.
19 May
Easing trade tensions may bring back interest in dollar carry trade — Barclays
According to Barclays analysts, carry trade deals may see a resurgence in the short term. Experts say the tension between the US and China is easing, which means less pressure on central banks to cut interest rates.
19 May
No change of the indicator value may reduce the volatility of the related markets.
19 May
No change of the indicator value may reduce the volatility of the related markets.
19 May
Europe's economic outlook is clouded by three key issues – Capital Economics
According to strategists at Capital Economics, the improvement in investor sentiment regarding Europe's economic prospects may be overshadowed. The company's experts have identified three key issues the region is facing.
19 May
ECB sees euro becoming alternative to dollar as reserve currency
European Central Bank (ECB) President Christine Lagarde attributes the recent euro appreciation against the dollar to Donald Trump's unstable policies. Additionally, she sees an opportunity for the bloc’s currency to increase its international role.
19 May
Pierre Wunsch, the head of the central bank of Belgium, suggests that the European regulator will probably have to cut interest rates to just under 2%, citing global trade tensions that create risks of rising inflation and a slowing economy.
19 May
An increase of the indicator value may contribute to the rise in quotes of EUR.
16 May
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.
