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Euro Strengthens Amid Global Market Turmoil: Safe Haven Status Reclaimed

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 decision remains a key factor in determining the single currency's trend. The euro has recently surged amid global market turmoil, being viewed as a safe haven currency. The exchange rate…

ByPexecoAugust 7, 20240Comments

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European markets and Wall Street mixed after Monday’s sell-off

European markets opened higher on Tuesday morning but went back in the red by the afternoon as Wall Street started Tuesday's trading session in the green. European markets opened higher on Tuesday with Germany's DAX, France's CAC 40 and London's FTSE 100 all in the green after a massive sell-off on Monday. However, by the afternoon, all…

ByPexecoAugust 6, 20240Comments

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Euro Strengthens Amid Global Market Turmoil: Safe Haven Status Reclaimed

European markets and Wall Street mixed after Monday’s sell-off