Tue, May 14, 2024

EUR trading

The future of cryptocurrencies in Europe

Crypto-Confidence Index Poll and European Countries

On Wednesday, bitFlyer Europe released the results of its second annual Crypto-Confidence Index poll. This poll shows that people across Europe that cryptocurrencies will continue to exist in 10 years’ time. Interestingly, bitFlyer Europe conducted this survey by using Google Surveys. Moreover, 10,000 respondents from 10 European countries took part in this survey. According to …

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Aussie rose against the greenback. What about the Euro?

Aussie rose against the greenback. What about the Euro?

The Australian dollar soared against the U.S. dollar on Wednesday, rising by 0.4% at $0.65200. It seems oil-linked currencies are gaining once more. JFD Group’s senior market analyst, Charalambos Pissouros, noted that the weakening of the greenback, as well as the strengthening of the commodity-linked currencies, suggests that risk appetite may have stayed supported for …

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Currencies Severely Impacted By The Russia-Ukraine Conflict

Swedish crown climbed up against U.S. Dollar and Euro

The Swedish crown soared against the U.S. dollar and euro on Tuesday. The currency rose by 1.2% versus the greenback to 9.911, reaching a two-week high. And it climbed up by 0.6% against the euro to 10.7905, its highest point since mid-March. The central bank held interest rates steady. This, combined with stimulus measures issued …

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Yen

Pound soared against U.S. Dollar and Euro. What about Yen?

The major currencies fluctuated on Monday. The sterling traded at 87.20 pence against the euro. It jumped against the dollar and the euro due to the reports that Britain may ease its lockdown this week. Moreover, Prime Minister Boris Johnson is also returning to work after recovering from the COVID-19 infection. Meanwhile, an EU meeting …

Pound soared against U.S. Dollar and Euro. What about Yen? Read More »

Italian Rates Near Zero, The Euro Falls From Three-Week High

Euro fluctuated on Friday as EU meeting disappointed traders

The Euro fluctuated on Friday. It fell by 0.4% against the U.S. dollar to a one-month low at $1.07275. Furthermore, the currency dropped to a three-year low against the Japanese yen at 115.55 yen. While the Euro recovered shortly and edged into positive territory in late trading, traders remain cautious. The Euro’s struggles are mostly …

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Euro was steady against Dollar and Pound. How about the Yen?

Euro was steady against Dollar and Pound. How about the Yen?

The euro was steady against the greenback and the pound on Thursday. It traded at $1.0828 versus the dollar and at 87.62 pence against the pound. Meanwhile, traders are watching closely for a meeting of European Union officials later on Thursday. They plan to discuss the bloc’s response to the economic turmoil caused by the …

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European currencies declined. What about the Yen and Aussie?

European currencies declined. What about the Yen and Aussie?

European currencies fell slightly on Monday as the investors bought the safe-haven U.S. dollar. The euro dropped down by 0.2% at $1.0858, and the pound declined to $1.2477. The dollar also strengthened against the Japanese yen by 0.2% to 107.77 yen. The U.S. state governors have argued with President Donald Trump over the coronavirus testing …

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The Dollar fell as Omicron left currency markets volatile

U.S. dollar strengthened on Monday. What about Euro and Yen?

The riskier currencies rallied during the last days. However, investors expect some dire news soon, which caused the dollar to strengthen once more against the other currencies. The governments around the globe are preparing for economic re-start, but traders fear that it will be a long and painful process. As a result, the risk-sensitive Australian …

U.S. dollar strengthened on Monday. What about Euro and Yen? Read More »

euro and European currencies

European currencies edged up while the U.S. dollar declined

European currencies rose on Tuesday. The euro climbed up by 0.2% to $1.0932. The Sterling also surged forward by 0.5%, reaching $1.2575, its highest point since March 13. The pound had been closely linked to the performance of the equity market during the previous weeks. Meanwhile, the Japanese yen rose by 0.1% against the greenback …

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EU and a trade deal

European Parliament, Crypto Industry and Blind Spots

The Crypto industry is emerging despite many objective and subjective factors. Moreover, it has the potential to solve at least some of the major issues. However, due to various factors, the process of crypto adoption is far from being over. Furthermore, illegal activities connected with the crypto industry represent a serious challenge to the future …

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Pound rose against U.S. dollar and euro. What about Aussie?

Pound rose against U.S. dollar and euro. What about Aussie?

Major currencies fluctuated during Friday’s trading session. The pound rose against the U.S. dollar and the euro. It held steady at $1.2465 on Friday, heading for a 1.6% gain this week. The sterling strengthened after British Prime Minister Boris Johnson left intensive care following his hospitalization for coronavirus symptoms. Meanwhile, an agreement between Saudi Arabia and …

Pound rose against U.S. dollar and euro. What about Aussie? Read More »

Italian Rates Near Zero, The Euro Falls From Three-Week High

European and Asian currencies rallied while Dollar declined

The U.S. dollar fell by 0.7% against a basket of currencies on Wednesday, as the European shares rallied the second day in a row and risk sentiment improved across equity markets.   Furthermore, the greenback declined against the yen by 0.1% as Japanese Prime Minister Shinzo Abe issued a state of emergency on Tuesday to …

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Euro and Sterling rallied along with Asian currencies

Euro and Sterling rallied along with Asian currencies

European currencies rallied on Tuesday. The euro increased by 0.8%, the last trading at $1.08835. The Sterling also skyrocketed. Even though traders awaited news about the British Prime Minister Boris Johnson, who is fighting his worsening case of coronavirus in intensive care. While the analysts are concerned about Jonson’s condition, they think that the government’s …

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