Euro Retreats From Session Highs Against Dollar as France Widens Lockdown

© Reuters. By Yasin Ebrahim Investing.com – The euro cut its gains against the dollar Wednesday as investors fret over fresh lockdown measures in the economic bloc that will likely slow the recovery, but some experts see a reversal on the cards for the single currency. fell 0.18% to $ 1.1735, after hitting a high […]

Continue Reading

CFTC Commitments of Traders: JPY long switched to short (dollar long). Dollar buying against all other currencies.

CFTC Commitments of Traders: JPY long switched to short (dollar long). Dollar buying against all other currencies. Coming Up! Title text for next article LON SDNY+11 NY -4 TYO +9 GMT Technical Analysis Weekly forex futures positioning data for the CFTC for the week ending Tuesday, March 16, 2021 EUR long 90K vs 102K long last week. […]

Continue Reading

Dollar wobbles after Fed pushes back against rate hike speculation

© Reuters. A U.S. Dollar banknote By Hideyuki Sano and Sagarika Jaisinghani TOKYO (Reuters) – The U.S. dollar was on the defensive on Thursday after the Federal Reserve signalled it was in no hurry to raise interest rates through all of 2023 even as it saw a swift recovery in the world’s largest economy. The […]

Continue Reading

Pound Extends Longest Winning Streak Against Euro Since 2015

© Reuters. Pound Extends Longest Winning Streak Against Euro Since 2015 (Bloomberg) — Sterling’s vaccine-fueled rally against the euro is beginning to look relentless. The pound extended its longest winning streak in five-and-a-half years after the Telegraph reported the U.K.’s exit from lockdown could be accelerated if data on the effect of vaccines proves better […]

Continue Reading

Ryanair’s fight against airline state aid faces court rulings

© Reuters. By Foo Yun Chee BRUSSELS (Reuters) – Ryanair’s fight against state aid for airlines will put loosened EU rules to the test on Wednesday when the bloc’s second-highest court decides on support offered to Air France and SAS. Under European Commission state aid rules loosened since the start of the pandemic, EU countries […]

Continue Reading

Oxford/AstraZeneca COVID shot less effective against South African variant: study

© Reuters. FILE PHOTO: COVID-19 vaccinations in Basingstoke By Derek Francis and Andy Bruce (Reuters) – British drugmaker AstraZeneca (L:) said on Saturday its vaccine developed with the University of Oxford appeared to offer only limited protection against mild disease caused by the South African variant of COVID-19, based on early data from a trial. […]

Continue Reading

Smartphone maker Xiaomi says legal complaint against U.S. to protect its interests

© Reuters. FILE PHOTO: People wearing protective face masks visit Xiaomi brand’s store in Kyiv HONG KONG (Reuters) – Chinese smartphone maker Xiaomi (OTC:) Corp said on Sunday that its legal complaint against the U.S. Department of Defense and the Treasury Department was to protect the company’s interests, in a notice on the Hong Kong […]

Continue Reading

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 […]

Continue Reading

Swiss franc falls against euro on Brexit relief, dollar dips on U.S. stimulus

© Reuters. FILE PHOTO: Pound and U.S. dollar bills are seen in this illustration By Yoruk Bahceli AMSTERDAM (Reuters) – The Swiss franc fell to its lowest in nearly seven months against the euro on Monday as the Brexit trade deal remained in focus, while the dollar dipped after U.S. President Donald Trump signed a […]

Continue Reading

Iran says U.S. move against it would face ‘crushing’ response

© Reuters. Iran holds military drill amid rising tensions with U.S. DUBAI/JERUSALEM (Reuters) – Any U.S. attack on Iran would face a “crushing” response, an Iranian government spokesman said on Tuesday, following reports U.S. President Donald Trump asked for options for a strike on Iran’s main nuclear site last week but decided against doing so. […]

Continue Reading