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Tag: EUR/USD

THMO
Market Activity

Dollar Strengthened As Virus Situation Is Putting Pressure On The Euro Zone

The US dollar strengthened against major currencies on Tuesday, December 22. The DXY index was up 0.66 percent on the day to close at 90.546, while price of EUR/USD pair dropped by 0.62 percent to $1.21637. The rise came as the situation with coronavirus in the UK is still in the centre of interest of market participants. There is growing concern at the moment that the latest strain of the virus may have already spread to Germany and France, though it has already been identified in Italy. In these conditions, it cannot be ruled out that the United Kingdom will

Market Activity

U.S. Indices Closed In Green With New Records

The U.S. indices ended the trading session in positive territory on Tuesday, December 8, after the Food and Drug Administration (FDA) released first scientific evaluation, setting the stage for the government to give a go ahead to the Covid-19 vaccine developed by Pfizer and BioNTech for emergency use in the United States. The United Kingdom has already begun mass use of this vaccine on Tuesday. However the worsening of the pandemic situation in the country is of concern to U.S. investors. About 14.9 million cases of coronavirus infection have been detected in the United States since the beginning of the

CROX
Market Activity

U.S. Indices Remained In Green On Thursday, Mass Vaccination In New York To Start On December 15

On Thursday December 3, in the hope of progress in negotiations on a new stimulus package, the key U.S indices showed positive dynamics. Safe haven assets also came up with positive traits on the day with gold and US Treasury bonds added more to their values. The larger Standard & Poor’s 500 index was stable at -0.06 percent to 3,666.72 points, the blue-chip Dow Jones Industrial Average increased by 0.29 percent to 29,969.52 points, while the NASDAQ Composite index of high-tech industries was up 0.23 percent at 12,377.18 points. WTI light crude futures rose 0.8 percent to $45.64 per barrel.

Trading Signals

Oil And Dollar Dropped, Gold And Euro Gained on Tuesday

Oil continues to decline on Tuesday, although the group of oil producing countries OPEC has not yet succeeded in reaching an agreement on their production levels for the coming months. For the January Nymex contract, the price of U.S. light crude (WTI) fell 1.7 percent to $44.55 a barrel, while the Brent contract for delivery in January declined 1 percent to $47.45. In November, in the expectation of a rebound in crude demand in 2021, but also an expansion of the OPEC supply cuts, WTI’s share price soared by more than 26 percent and Brent picked up 27 percent. The

ZM Stock
Stock Investing

EUR/USD Rate Slid As Uncertainty Remained Around Outcome of U.S. Elections

On Friday, November 6, the Euro weakened against the US dollar by 0.1%, closed the trading at the level of 1.1873. December futures on the dollar index DXY dropped by 0.37% and were at the level of 92.23. At the end of Thursday, the EUR/USD exchange rate rose by 0.87% to 1.18229, and the DXY indicator fell by 0.96% to 92.516. Global markets have seen increased demand for risky assets, including the USD, for four consecutive days. At the same time, the rates of protective currencies such as the Swiss Franc and the Japanese Yen show significant strengthening, which is