News
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FOREX-Euro poised for best week since 2009 as dollar weakens ahead of jobs data
Dollar index at four-month lowSafe havens yen and Swiss Franc perk upBy Yadarisa Shabong and Brigid Riley March 7 (Reuters) - The euro was set for its best week in 16 years against the dollar on Friday, boosted by Germany's game-changing fiscal reforms, while worries over growth and tariffs d...Reuters
Fri, Mar 7
Trump signs order to establish strategic bitcoin reserve
Reserve capitalized with bitcoin already seized by governmentCrypto czar Sacks says no new buying of tokens initiallyBitcoin briefly dips more than 5% to below $85,000White House hosts first crypto summit on FridayBy Nandita Bose and Jasper Ward WASHINGTON, March 7 (Reuters) - U.S. President Dona...Reuters
Fri, Mar 7
COMMENT-Dollar is in danger of a even bigger slump next week
March 7 (Reuters) - FX traders should beware that the U.S. dollar's big drop looks set for a steeper decline next week, especially if there is a daily close under a broken technical level.The dollar wallowed near a four-month low on Friday as ever-shifting tariff policies fanned uncertainty and ...Reuters
Fri, Mar 7
Pound heads for worst weekly run versus euro since 2023
European fiscal changes in focusSterling overshadowed by economic forecasts due on March 26 Investor sentiment shaped by transformed outlook for European defenceBy Amanda Cooper LONDON, March 7 (Reuters) - The pound headed for its worst weekly performance against the euro in over two years on Fri...Reuters
Fri, Mar 7
EUR/USD: Potential catalysts can drive additional gains in the pair – Danske Bank
EUR/USD has largely stabilized around the 1.08 mark following this week's rally, driven by the seismic shift in fiscal spending in the euro area, Danske Bank's FX analyst Kirstine Kundby-Nielsen reports.
Fxstreet
Fri, Mar 7
EUR/USD advances as US Dollar slumps ahead of US NFP
EUR/USD jumps above 1.0850 in Friday’s European session and revisits a four-month high. The major currency pair exhibits strength as the US Dollar (USD) weakens ahead of the United States (US) Nonfarm Payrolls (NFP) data for February, which will be published at 13:30 GMT. The US Dollar Index (DXY),Fxstreet
Fri, Mar 7
COMMENT-Simple FX options to leverage long EUR/USD positions
March 7 (Reuters) - Investors looking to gain exposure to EUR/USD without committing to a spot trade might consider FX options, which limit risk to an upfront premium.A EUR call/USD put option grants the holder the right, but not the obligation, to buy EUR/USD at a predetermined strike price on a se...Reuters
Fri, Mar 7
FOREX-Euro eyes best week in 16 years as dollar softens ahead of jobs data
Dollar index at four-month lowSafe haven yen and Swiss Franc perk upBitcoin dips despite Trump signing order for bitcoin strategic reserveBy Yadarisa Shabong and Brigid Riley March 7 (Reuters) - The euro was set for its best week in 16 years against the dollar on Friday, as Germany's game-cha...Reuters
Fri, Mar 7
