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EUR/USD Trims Losses: The Greenback’s Stunning Retreat After Weak Retail Sales Data
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EUR/USD Trims Losses: The Greenback’s Stunning Retreat After Weak Retail Sales Data

BitcoinWorldEUR/USD Trims Losses: The Greenback’s Stunning Retreat After Weak Retail Sales DataLONDON, April 15, 2025 – The EUR/USD currency pair staged a notable recovery in Tuesday’s trading session, decisively trimming its earlier losses. This rebound followed the release of unexpectedly weak U.S. Retail Sales data, which applied immediate and significant pressure on the U.S. Dollar, commonly referred to as the Greenback. Consequently, market participants swiftly recalibrated [...]This post EUR/USD Trims Losses: The Greenback’s Stunning Retreat After Weak Retail Sales Data first appeared on BitcoinWorld.

#FOREX
GBP/USD Plummets Below 1.3700: Weak US Data Collides with UK Political Turmoil
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GBP/USD Plummets Below 1.3700: Weak US Data Collides with UK Political Turmoil

BitcoinWorldGBP/USD Plummets Below 1.3700: Weak US Data Collides with UK Political TurmoilLONDON, March 2025 – The GBP/USD currency pair experienced a significant decline today, dropping below the critical 1.3700 psychological level for the first time in three weeks. This movement represents a notable shift in forex market sentiment, driven by a confluence of weak US economic indicators and mounting political uncertainty in the United Kingdom. Consequently, [...]This post GBP/USD Plummets Below 1.3700: Weak US Data Collides with UK Political Turmoil first appeared on BitcoinWorld.

#FOREX
Gold Price Forecast: XAU/USD Surges Toward $5,000 Milestone on Tuesday
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Gold Price Forecast: XAU/USD Surges Toward $5,000 Milestone on Tuesday

BitcoinWorldGold Price Forecast: XAU/USD Surges Toward $5,000 Milestone on TuesdayGlobal financial markets witnessed a historic moment on Tuesday, as the spot gold price, quoted as XAU/USD, tested the psychologically significant $5,000 per ounce level. This remarkable movement in the precious metals market reflects a complex interplay of macroeconomic forces, shifting investor sentiment, and long-term structural changes in the global economy. Consequently, analysts are scrutinizing [...]This post Gold Price Forecast: XAU/USD Surges Toward $5,000 Milestone on Tuesday first appeared on BitcoinWorld.

#FOREX
Armada Technologies signs order with TUI Cruises for installation of air lubrication system
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Armada Technologies signs order with TUI Cruises for installation of air lubrication system

Armada Technologies, a provider of next-generation air lubrication systems (ALS), has signed an agreement with TUI Cruises to install its Passive Air Lubrication System (PALS) on the cruise ship Mein Schiff 6. TUI Cruises is a joint venture of Hanover, Germany-based TUI Group and Miami, US-based Royal Caribbean Group. Mein Schiff 6 was built in ...

#TECH
Everllence: Common-Rail Technology Passes 20 Million Operating Hours
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Everllence: Common-Rail Technology Passes 20 Million Operating Hours

Everllence has announced that its medium-speed, common-rail technology has passed a cumulative total of 20 million operating hours. The new milestone has been reached over two generations of common rail: the original CR1.6 from 2004, and CR2.2 that was introduced to the market in 2024. Michael Filous – Senior Vice President and Head of PrimeServ ...

#TECH
APEC host China eyes more cooperation
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APEC host China eyes more cooperation

As a leader in regional cooperation, a champion of multilateralism and a key driver of the global economy, China’s role as the host of the 33rd Asia-Pacific Economic Cooperation Economic Leaders’ Meeting holds significance that extends well beyond the organization itself and reaches far beyond the Asia-Pacific region, a senior Chinese official has said. Vice-Foreign ...

#ECONOMY
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