Tag: Dollar
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BREAKING: Euro-area inflation goes down to 1.9%: Euro makes a 0.69% move up against the US Dollar
According to the latest released Eurostat figures earlier today, Euro area inflation has gone down to 1.9% in December last year, keeping up with its downward trend and the ECB’s targets. Inflation ion Malta also came lower striking a downward reading despite a year of persistent inflationary price rises mainly due to food prices. The…
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The Euro becomes a safe-haven for the US Dollar
In an incredible twist of events, the US Dollar is declining in value against the Euro after President Trump launched a sweeping trade war against everyone. The EU has not retaliated against the US tariffs but French President Emmanuel Macron appealed to French businesses to halt their investments in the US. It is often the…
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Euro falls to $1.036 post-Fed rate cut: Global use of the US Dollar is increasing
The Euro fell more than 1.2% in value against the US Dollar following the announcement by the Federal Reserve of its latest rate cut. The Euro’s price against the US Dollar right now brings back memories of September 2022 when gas prices were hitting record highs and the Euro fell even below US Dollar parity.…
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Euro climbs the $1.08 mark
The Euro is currently above the $1.08 mark currently at $1.0811. It is as much as 0.9% higher than it’s Friday’s closing price before the French election fracass on Sunday. Despite the relative far-right victory of the far-right at the French polls, there is no fear in European markets in Europe especially with regards to…
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Get ready for a new world order
I know what you are thinking. Having been impressed by all the headlines of the US Dollar collapse and the debt ceiling, Lula’s trip to Brazil, BRICS, China’s ever-growing global reach and the strength of the Yuan, OPEC and Saudi Arabia controlling the oil price, the European gas crisis… Guess what? It’s going to be…
