EUR/USD Downtrend Likely Over After ECB Pledges to Ramp-Up Bond Buying

© Reuters. By Yasin Ebrahim Investing.com – The euro jumped against the dollar and looks set to snap its two-week losing streak as experts suggest that the single currency’s downward trajectory is likely over for now following the latest’s European Central Bank monetary policy meeting on Thursday. rose 0.48%, to $ 1.1983. “On what we’ve […]

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United Airlines pledges more cost cuts after pandemic-driven quarterly loss

© Reuters. FILE PHOTO: A United Airlines passenger jet taxis at Newark Liberty International Airport By Tracy Rucinski (Reuters) – United Airlines Holdings (NASDAQ:) Inc said on Wednesday it aims to cut about $ 2 billion of annual costs through 2023 as it charts a recovery from the coronavirus pandemic that drove its fourth straight […]

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Euro zone pledges continued fiscal support against COVID, to work on recovery plans

2/2 © Reuters. European Union flags flutter in front of the European Commission headquarters, in Brussels 2/2 By Jan Strupczewski BRUSSELS (Reuters) – Euro zone finance ministers pledged continued fiscal support for their economies on Monday and discussed the design of post-pandemic recovery plans as the European Commission warned the COVID crisis was making the […]

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China foreign minister pledges to uphold trade deal during Biden administration – US-China business council

© Reuters. FILE PHOTO: Chinese Foreign Minister Wang holds joint news announcement with Japanese counterpart Motegi WASHINGTON (Reuters) – Chinese Foreign Minister Wang Yi assured U.S. executives during a videoconference on Sunday that Beijing remained committed to the Phase 1 trade deal with the United States, the head of the US-China Business Council said. “He […]

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British trade minister pledges to fight ‘unfair’ U.S. tariffs – The Telegraph

(Reuters) – British Trade Secretary Liz Truss pledged to fight U.S tariffs on Scotch whisky, calling them “unacceptable and unfair” in an op-ed in the Telegraph on Sunday. “I will fight to consign these unfair tariffs to the bin of history”, she wrote (https:// while accusing the European Union of failing to protect British and […]

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France’s Macron pledges 15 billion euro green push after vote rout

2/2 © Reuters. French President Emmanuel Macron meets French citizens’ council over environment proposals in Paris 2/2 PARIS (Reuters) – French President Emmanuel Macron promised 15 billion euros of new funding on Monday to speed up the move to a greener economy, a day after the Greens trounced his party and took control of major […]

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EUR/USD Extends Gains as Fed Pledges to Stick With Low Rates

© Reuters. By Yasin Ebrahim  Investing.com – The euro moved higher against the greenback on Wednesday as the Federal Reserve kept rates unchanged, but expressed a willingness to stick with its the ultra-loose monetary measures to support the economy. “The committee expects to maintain this target range until it is confident that the economy has […]

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