European Union

As Volvo Trucks continues to innovate, a focus is on building value for trucking fleets and driving efficiency and productivity for drivers. That is evident in the new line of trucks the company's global operation announced in Europe on Feb. 27, and it was evident in a conversation FreightWaves...

EUR/USD Current Price: 1.0885 Market players are trying to recover the lost optimism, Wall Street posts modest recovery. Absence of macroeconomic data leaves financial assets in the hands of sentiment. EUR/USD is hovering around 1.0900, bullish potential still limited. The EUR/USD pair has tried...

EUR/USD Current Price: 1.0858 German upbeat data and mixed US figures helped EUR/USD to bounce. Coronavirus spreading outside China spurred demand for safety. EUR/USD bounced from 1.0800 area, waiting for a break above 1.0900. Panic led the way this Monday. Weekend news indicating that the...

In the wake of the United Kingdom's withdrawal from the European Union (EU) on January 31, a sense of uncertainty has loomed over the European continent and beyond. Perhaps Brexit's largest impact will concern economic and trade-related issues.  Keeping a close eye on Europe's changing economic...

EUR/USD Current Price: 1.0791 Risk aversion continues to dominate the financial world as the coronavirus takes its toll on economies. Wall Street and government bond yields broke lower, exacerbating the negative mood. EUR/USD holding near multi-month lows just above the 1.0770 support level. The...

HSBC (NYSE: HSBC), Europe's largest bank in terms of assets, revealed a major reorganization decision that would decrease the total number of staff from 235,000 to around 200,000 in the next three years. This is a decrease of 15% in the workforce, and it is probably one of the deepest...

EUR/USD Current Price: 1.0798 Coronavirus-related concerns eased, but investors maintain a cautious stance. EU macroeconomic figures missed the market’s expectations, US data upbeat. EUR/USD hovering sub-1.0800, to gain bearish momentum below 1.0770. The EUR/USD pair has spent Wednesday...

EUR/USD Current Price: 1.0795 Data imbalances between the US and the EU keep favouring the downside. Market players concerned about the possible effects of coronavirus on the economy. EUR/USD firmly bearish but extremely oversold, at risk of correcting higher. The EUR/USD pair fell to 1.0784,...

In response to a recent World Trade Organization (WTO) decision that allowed the U.S. to impose retaliatory import tariffs on $7.5 billion of EU goods, the Office of the U.S. Trade Representative (USTR) will raise the duty on imported EU aircraft from 10% to 15%, effective March 18. The WTO first...

EUR/USD Current Price: 1.0843 German inflation reported as expected in January, US one better than expected. German and EU growth taking centre stage this Friday through Q4 GDP releases. EUR/USD at risk of extending its decline, next relevant support at 1.0770. Risk-off returned to financial...

EUR/USD Current Price: 1.0870 Industrial Production in the Union fell sharply in December, down by 4.1% YoY. Fed’s Chair Powell does not see anything to stop the current economic expansion. EUR/USD resumed its bearish trend, pierced 2019 low at 1.0878. The shared currency continued to...

By Calin Coman-Enescu, Director of Capital Markets, New Frontier Data Europe is a diverse region in constant flux, and as a result so its regulations are ever-changing. While the European Union (EU) includes 27 member states with approximately 447 million residents, the United Nations also...

EUR/USD Current Price: 1.0915 EU February Sentix Confidence Index came in at 5.2, above the expected 4. Market players concerned about how the coronavirus outbreak could affect global growth. EUR/USD bearish but oversold conditions lift odds for an upward corrective movement.   The week has...

EUR/USD Current Price: 1.1038 US Q4 GDP matched the previous and the expected with 2.1%. Coronavirus outbreak continues to weigh on the market’s mood. EUR/USD in recovery mode, but bullish potential limited. Once again macroeconomic data was overshadowed by sentiment as renewed concerns...

EUR/USD Current Price: 1.1011 The US Federal Reserve maintained the status quo as expected, no market reaction. Focus this Thursday will be on the preliminary estimate of US Q4 Gross Domestic Product. EUR/USD unable to leave the 1.1000 region, bulls may finally capitulate. The EUR/USD pair has...