zForex - Tag: euro

September 27 2023

Daily Analysis

The Asia-Pacific markets displayed mixed performance as investors evaluated China's industrial data and Australia's August inflation figures, which were set to be released on Wednesday. In Australia, the weighted inflation rate for August registered a 5.2% year-on-year increase, aligning with economists' expectations polled by Reuters, while the headline inflation stood at 5.5%.

September 26 2023

Global Markets React to Economic Developments and Shutdown Warnings

Despite a broad rebound on Wall Street and Moody's warning that a U.S. government shutdown would have a negative impact on the world's largest economy, Asia-Pacific markets experienced widespread declines. Japanese Prime Minister Fumio Kishida has revealed an economic stimulus plan, including tax incentives for domestic investments and initiatives to promote wage growth, as reported by Japanese media.

September 25 2023

EUR/USD Stalls as US Dollar Strength and ECB Concerns Prevail

The EUR/USD pair faced difficulty gaining momentum as the new week began, hovering around the mid-1.0600s in the early European session. This stagnant movement follows the pair's recent decline, reaching its lowest point since March last Friday. The strength of the US Dollar (USD) plays a significant role in this scenario, boosted by the Federal Reserve's hawkish stance.

September 25 2023

Daily Analysis

Overnight in the Asia-Pacific markets, investors were keeping an eye on upcoming inflation data from various countries. Singapore and Australia are set to release August inflation figures this week, while Japan will unveil inflation data for the Tokyo region, often viewed as a nationwide indicator.