[EUR/USD] Dollar Bought as Safe Asset
Because the chance of the U.S. joining the Iran conflict is rising, traders are buying the U.S. dollar as a safe asset. The euro fell almost 100 points, from around …
Because the chance of the U.S. joining the Iran conflict is rising, traders are buying the U.S. dollar as a safe asset. The euro fell almost 100 points, from around …
At the start of the week, the euro fell to 1.1523 because traders bought U.S. dollars due to worries about the Israel-Iran conflict. However, after the first shock of the …
Last week, there was a feeling of relief after US-China trade talks made progress, but US-EU negotiations remained difficult. The euro was kept down by these worries. However, when US …
U.S. President Trump said he will put new tariffs on many countries in the next few weeks but also said that the European Union (EU) wants to talk. Because of …
Yesterday during Tokyo time, news said that the United States and China reached a trade agreement. Because of this, the US dollar became stronger and the euro went down to …
Last week, the European Central Bank (ECB) lowered interest rates by 0.25%, as expected. After that, ECB President Lagarde said this rate cut may be close to the end of …
At yesterday’s European Central Bank (ECB) meeting, the interest rate was cut by 0.25% to 2.15%, as expected. The official statement repeated that if trade tensions grow, economic growth and …
Yesterday, U.S. economic reports (ADP jobs data and ISM non-manufacturing index) showed the economy is weaker than expected. This caused the U.S. dollar to fall, and the euro rose to …
Last week, President Trump extended the 50% tariffs on the EU until July 9. This helped support the euro. Also, renewed tensions between the U.S. and China caused people to …
In the Tokyo market, the euro dropped from 1.1295 to 1.1211 after the U.S. International Trade Court ordered a stop to Trump’s tariffs. However, because many people think the tariffs …
