Market winners and losers as Trump secures historic victory
As Donald Trump returns as the 47th US president, several markets respond strongly to his policy shift. Here are five winners and losers as investors…
Euro suffers worst drop since COVID as Trump set to win US election
As a decisive win by Donald Trump looks likely in the US presidential election there has been a sharp rally in the US dollar, sending…
Euro falls to two-month low as Fed shows no rush for further large rate cuts
The euro weakened to a two-month low against the US dollar following the release of the Federal Reserve meeting minutes. The trend is likely to…
Eurozone retail sales rebound in July as euro strengthens against US dollar
Eurozone retail sales rose by 0.1% in July, rebounding from a June decline. The euro strengthened to 1.11 against the dollar, driven by US Fed…
Euro surges to eight-month high as safe haven currency
The euro is likely to rise further as a safe destination due to the jittery sentiment amid the global market turmoil. The ECB's September rate…
Trump’s cryptocurrency endorsement: Upcoming challenges for Europe
Bitcoin experienced a further surge following former US President Donald Trump's keynote address in support of cryptocurrencies. This development may reignite concerns about the European…