Euro & FOREX News Monitoring

Stocks Cheer Biden Inauguration, FX Traders Look To ECB

The inauguration of the 46th President of the United States went off without a hitch. Equity and currency traders welcomed the new administration with fresh records for the S&P 500 and NASDAQ. The peaceful transition allowed investors to turn their …

EUR/USD Forecast: Neutral-To-Bearish, Could Accelerate Its Slump On A Break Below 1.2060

Joe Biden has become the 46th US President, Wall Street hits record highs. The focus shifts to the European Central Bank monetary policy decision. EUR/USD is neutral-to-bearish, could accelerate its slump on a break below 1.2060. The EUR/USD pair …

EUR/USD: Next Resistance At 1.2200/1.2220

Yellen has made the case for more stimulus so stocks are pushing price higher once again while the USD is down ahead of Biden's inauguration. Notice that EUR/USD stabilized around 1.2050 area after the price retraced back to the starting point of …

Euro Drops Ahead Of Eurozone Inflation

At 5.00 am ET Wednesday, Eurostat publishes euro area final consumer price data for December. According to initial estimate, consumer prices dropped 0.3 percent year-on-year, the same as in November. Ahead of the data, the euro fell against its major …

Sterling reaches strongest since May 2020 versus euro; UK inflation rises

By Reuters Staff * Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv LONDON, Jan 20 (Reuters) - Sterling rose against both the dollar and euro on Wednesday, helped by a weaker …

EUR/USD: In A Bull Trend?

The EUR/USD forex market on the daily chart is reversing up from the bottom of a 2-month trading range in a bull trend. However, yesterday was a bear bar, and that is a weak buy signal bar. Also, the selloff was strong. That makes it likely that the …

Euro Returns To Growth On The Demand For Risk Rebound

On Tuesday morning the markets are again dominated by purchases of risky assets. MSCI All Country Asia Pacific ex Japan jumped 1.6% and the Nikkei 225 rose 1.5%. The media attributed this increase to the market reaction of the strong data from China. That…

EUR/GBP: Bullish To Bearish

EUR/GBP is currently at 0.8915 in a channel. We are looking for a move to the ATR Target at 0.8954 area. We should get a reaction there.  A break out or a channel continuation. Watch the USD for any change in direction. The ATR for the pair currently …

Dollar hovers near one-month high as Biden's FX policy takes shape

By Kevin Buckland TOKYO (Reuters) - The dollar hovered around its highest in nearly one month on Tuesday with traders expecting U.S. Treasury Secretary nominee Janet Yellen to affirm a more traditional commitment to market-set currency rates when she …

Surging US Treasury yields to affect global FX market: vice minister

The rising US Treasury yields has become a “key variable in the global foreign exchange market,” South Korea’s vice finance minister said Tuesday, nodding towards a stronger dollar trend that has rattled emerging market currencies. “When the 10-year US …

Dollar at 1-month highs as markets eye Biden’s FX policy; euro slips

The dollar index drifted higher to a one-month high and last traded at 90.94, its highest level since Dec. 21. — Reuters pic LONDON, Jan 18 —The US dollar strengthened for a third consecutive day today to a four-week high as an undercurrent of risk …

EU needs "masterplan" to grab euro finance from London

LONDON, Jan 18 (Reuters) - The European Union needs a “masterplan” to move euro financial services from London to the bloc if it wants to expand the single currency’s role in a global economy dominated by the U.S. dollar, a senior EU lawmaker said on …

Dollar at 1-month highs as markets eye Biden's FX policy; euro slips

Castor Maritime Inc. Announces Capesize Bulk Carrier Vessel Acquisition

LIMASSOL, Cyprus, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announces that it entered, through a separate wholly-owned …

Morocco’s Dirham Appreciates by 0.5% Against Euro

Rabat – The Moroccan Dirham appreciated by 0.51% against the Euro and depreciated by 0.8% against the US dollar during the week of January from 07-13, Bank Al-Maghrib (BAM), Morocco, Central Bank, has said. During this period, no auction operations were …

Asian shares hit a record high after Yellen calls for big spending

Asian shares climbed to a record high on Wednesday as US Treasury Secretary nominee Janet Yellen advocated for a hefty fiscal relief package to help theworld's largest economy ride out a pandemic-driven slump. At her confirmation hearing on Tuesday, …

Forex reserves up by $758 mn to lifetime high of $586.082 bn

In the previous week ended January 1, the reserves had increased by $4.483 billion to $585.324 billion. In the reporting week, foreign currency assets (FCAs), a major component of the overall reserves, rose by $150 million to $541.791 billion. Expressed in …

Euro zone trade surplus rises year-on-year in November despite slowdown

BRUSSELS (Reuters) - The euro zone's trade surplus rose as expected in November despite a economic slowdown and falling trade turnover, mainly thanks to a better trade balance with Russia, Turkey, Norway, Japan and South Korea, data showed on Friday. …

EUR/USD: Nears Bottom Of Trading Range

The EUR/USD forex market on the daily chart has sold off from the January wedge top with 5 bear days. It is now near the bottom of the 2-month trading range. The bears want 2 closes below the January low. If they get that, they will look for a bear …

Announcing C5’s Virtual European Summit on Economic Sanctions Risk & Compliance, February 22-24, 2021

Your Practical Guidance to Staying Compliant with Multiple Regimes LONDON, NEW YORK, GREAT BRITAIN , January 21, 2021 /⁨EINPresswire.com⁩/ -- C5 Group will host a three half-day virtual conference to discuss timely country specific developments on …

THOMAS SCHUMANN CAPITAL® SELECTS MOORGATE BENCHMARKS AS ADMINISTRATOR OF INNOVATIVE WATER RISK INDICES

LONDON, UNITED KINGDOM, January 21, 2021 /⁨EINPresswire.com⁩/ -- Thomas Schumann Capital (TSC), the only solutions provider of investible indices and products that track global water risk, today announced the appointment of Moorgate Benchmarks, the …

Last Chance - Invitation WebConf : Les sujets incontournables 2021 sur la finance verte

Les sujets incontournables 2021 sur la finance verte et investissements durables PARIS, IDF, FRANCE, January 21, 2021 /⁨EINPresswire.com⁩/ -- Les sujets incontournables 2021 sur la finance verte et investissements durables. Green Finance, le …

Mambu welcomes Pham Quang Minh as new GM of Vietnam

Global cloud banking fintech 'Unicorn' Mambu opens office in Vietnam and appoints digital banking executive Pham Quang Minh as General Manager, Vietnam VIETNAM, January 21, 2021 /⁨EINPresswire.com⁩/ -- Mambu, the market-leading SaaS …

Youth for Human Rights Joins in Homeland Security’s Blue Campaign to Raise Awareness of Human Trafficking

Wonder why you saw people wearing blue last week? It’s part of National Human Trafficking Awareness Day to draw attention to this important issue. WASHINGTON, DC, USA, January 20, 2021 /⁨EINPresswire.com⁩/ -- Around the country people are wearing …

ASBC welcomes President Joe Biden’s bold first-day action

WASHINGTON, DC, USA, January 20, 2021 /⁨EINPresswire.com⁩/ -- The Biden-Harris White House has announced sweeping executive and agency action today, on the day of his inauguration; the start of fulfilling campaign commitments and signaling a …

Mining Indaba Virtual announces speaker line-up from key mining sectors

Download logo Investing in African Mining (Mining Indaba) (www.MiningIndaba.com), part of Hyve Group Plc announced the exceptional line-up of keynote speakers for Mining Indaba Virtual, which will take place 2-3 February 2021. The organisers are extremely …

Businesses increasingly concerned about reputational risk according to Willis Towers Watson survey

LONDON, Jan. 21, 2021 (GLOBE NEWSWIRE) -- In its 2020 Reputational Risk Survey published late last year, Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, revealed that 86 percent of clients are concerned about …

More Consumers Come Forward Against Tesla Energy for Alleged False Credit Reporting Of Tesla Solar Panel Contracts

Tesla Solar Faces More California Lawsuits for Alleged False Credit Reporting of Solar City Purchase Power Agreements. LOS ANGELES, CA, UNITED STATES, January 20, 2021 /⁨EINPresswire.com⁩/ -- Five more California consumers have filed lawsuits …

RedFile AI Publishes Open Source Classification Tree for Home Loan Documents

License-Free Classification Tree Is Step Towards Greater Consistency and Compatibility Across Lenders, Servicers, and Investors in Home Mortgage Industry DALLAS, TEXAS, USA, January 20, 2021 /⁨EINPresswire.com⁩/ -- John Martin, CEO of RedFile AI, …

U.K. Africa Investment Conference: Africa is the world’s next business frontier, says AfDB's Akinwumi Adesina

African Development Bank (www.AfDB.org) President Akinwumi A. Adesina said on Wednesday that Africa remained fertile ground for investment, but much hinged on the continent’s ability to boost its healthcare sector. Adesina spoke during the Africa …

President Macky Sall to Drive Energy Investment for West Africa with MSGBC 2021 Event, Gathers Support from Leaders and ...

H.E. President Macky Sall has generously dedicated the International Conference Centre Abdou Diouf to host the MSGBC Oil, Gas & Power 2021 event; The event will gather energy business and political leaders from across the continent to explore energy …

The sculpture "Le Baiser de 1905" cornerstone of the work of Brancusi presented to international media at Macau

The sculpture "Le baiser de 1905" cornerstone of the work of Brancusi PARIS, PARIS, FRANCE, January 20, 2021 /⁨EINPresswire.com⁩/ -- The particularity of this work is to be at the same time the first work of modern art in the world, the …

Dogs of the Dow 2021 - Dividend Aristocrats

SAN JOSE, CA, UNITED STATES, January 20, 2021 /⁨EINPresswire.com⁩/ -- By Jeffrey Kamys, a Chief Investment Strategist & Portfolio Manager with Baseline Investments Dogs of the Dow is an investment strategy that aims to beat the Dow Jones by …

Luxembourg Calling - all EU export-ready Cybersecurity Scaleups accelerate access to booming regional Fintech Ecosystem

R3i invites scaleups from across the cybersecurity spectrum to its 9-month Luxembourg Calling program, to accelerate access into booming fintech ecosystem. SAN FRANCISCO, January 21, 2021 /⁨EINPresswire.com⁩/ -- With COVID19 impacting …

Anti-Money Laundering Market Size Will Reach USD 2385.8 Million by 2026: Facts & Factors

New York, NY, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Anti-Money Laundering Market By Component (Software, Services), By Product Type (Compliance Management, Currency Transaction Reporting, Customer …

Cognerium Study Outlines the User Subscription Model’s Value to Banks

In a case study conducted by Cognerium, it’s been determined that the User Subscription Model can help banks better understand their mobile app users’ behavior. BOCA RATON, FLORIDA, UNITED STATES, January 20, 2021 /⁨EINPresswire.com⁩/ -- A case …

Accounting Services Industry Trends Include Outsourcing Simple Tasks For Focus On High-Value Activities

The Business Research Company’s Accounting Services Market Report - Opportunities And Strategies - Global Forecast To 2030 LONDON, GREATER LONDON, UK, January 20, 2021 /⁨EINPresswire.com⁩/ -- New year, new updates! Our reports have been revised …

Are there better financing options for a Single Family house than an Apartment Building?

Many Investors are not aware of more favorable financing options for a single-family house than an apartment building. You can also get lower down payments. OCEAN, NJ, UNITED STATES, January 20, 2021 /⁨EINPresswire.com⁩/ -- Most investors are not …

Criptomonedas: Cuatro claves para entender el mercado de divisas.

Guido Quaranta, fundador y CEO de SeSocio, plataforma que permite invertir en criptomonedas detalla cómo funcionan y por qué sería conveniente invertir en ellas LIMA, LIMA, PERU, January 20, 2021 /⁨EINPresswire.com⁩/ -- Aunque suene sorprendente, …