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The euro started the new trading week quietly. EUR/USD rose 0.23% and was trading at 1.0787 as of North American time trading. Eurozone investor confidence shows slight improvement The Eurozone Centix Investor Confidence Index in May was -3.6, slightly up from -5.9 in April and better than expected. This is the seventh consecutive acceleration and the highest level since February 2022. The index, which has been in negative territory since February 2022, is inching closer to the zero level that separates optimism from pessimism. The services PMI for Germany and the euro area showed slight growth in April, also indicating…

Eurozone private sector growth accelerated to an 11-month high in April, led by the services sector, S&P Global's final survey results showed on Monday.The HCOB comprehensive production index in April was 51.7, up from 50.3 in the previous month. The flash estimate was 51.4.It has exceeded 50.0, the dividing line between growth and contraction, for two consecutive months. This improvement was driven exclusively by the services sector, while manufacturing production continued to decline.New orders rose for the first time since May last year, data showed, as a sharp drop in demand for goods partially offset an increase in new orders.…

Eurozone private sector growth accelerated to an 11-month high in April, led by the services sector, S&P Global's final survey results showed on Monday.The HCOB comprehensive production index in April was 51.7, up from 50.3 in the previous month. The flash estimate was 51.4.It has exceeded 50.0, the dividing line between growth and contraction, for two consecutive months. This improvement was driven exclusively by the services sector, while manufacturing production continued to decline.New orders rose for the first time since May last year, data showed, as a sharp drop in demand for goods partially offset an increase in new orders.…

After a long period of sideways consolidation, Bitcoin entered a downtrend and broke below the key support zone at $59,000. However, a notable bullish bounce around the 100-day moving average suggests that buying pressure could resume. technical analysis Written by Shayan daily chart A comprehensive review of the daily chart reveals that Bitcoin has experienced an extended phase of sideways consolidation within the key price range of $59,000 to $72,000. Recent price action has seen a decline, breaking above the lower end of this range and the 100-day moving average. This bearish move led to the liquidation of many long…

Arbitrum is leading as a major L2 in terms of trading boom. ARB's price is rising today as investors are optimistic about its future prospects. Layer 2 scaling solution Arbitrum (ARB) has reached new highs in daily active addresses and transactions, making it a major competitor in its industry. Arbitrum Leading Ethereum Layer 2 inflow Recent data from token terminal show Arbitrum performed better than other layer 2 solutions on the Ethereum (ETH) network. Arbitrum led the way with $10.2 billion in inflows, followed by OP Mainnet in second place with $4.8 billion and Blast in third place with $2.1…

Bitcoin was trading around $64,000 early Monday as the cryptocurrency market erased last week's losses. BTC soared to $65,400 during Asian trading hours on Monday, a nearly two-week high and is now up almost 15% from last week's correction low. Joel Krueger, market strategist at LMAX Group, said in a report on Monday that Bitcoin's rapid recovery to a bullish week's closing price points to “the next significant upside extension to new record highs. “We are setting the possibility that a low has already been set,” it said in a report on Monday. ), followed by SOL, AVAX, and NEAR,…

We do the research so you can get the alpha!Get exclusive reports and access key insights on airdrops, NFTs, and more! Subscribe to Alpha Report now and get ahead of the game!Go to alpha reportBitcoin opened above $65,000 on Monday for the first time in more than a week. It has rebounded slightly since then, but is still 0.5% higher than it was at this point yesterday.And what's good for Bitcoin is also great for other crypto markets. As of early Monday morning, global cryptocurrency market capitalization remained at $2.5 trillion, after rising 1.3% over the past day, according to…

The final comprehensive survey of purchasing managers, investor sentiment and euro zone producer prices will be the biggest economic news released on Monday.Spain's services PMI survey results are scheduled to be released at 3:15 a.m. ET. Economists expect the services PMI to decline slightly in April to 56.0 from 56.1 in March.Comprehensive PMI survey data is scheduled to be released by Italy at 3:45 a.m. ET. The index is expected to reach 54.7 in April, up slightly from 54.6 in the previous month.brokerreviewregulatorMinimum deposit amountWebsite🥇Read reviewsASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA100 dollarsVisit broker >>🥈Read reviewsFMA, Financial Services…

Eurozone investor confidence improved for the seventh consecutive month in May, reaching its highest level since February 2022, with both current conditions and expectations rising small but steadily, the data showed on Monday. This was revealed in a carefully monitored investigation.According to a report by behavioral research organization Centix, the investor confidence index in May was -3.6. May's score was expected to improve modestly to -4.8 from -5.9 the previous month.The current situation index in May was -14.3, up from -16.3 in the previous month. This was the highest score since May 2023.brokerreviewregulatorMinimum deposit amountWebsite🥇Read reviewsASIC, FSA, CBI, BVI, FSCA,…

The transfer of 75 million XRP tokens by the main holder caused great speculation among investors. On the other hand, Ethereum price prediction looks bearish as it will turn downward with a short-term upward channel. This pattern indicates that Ethereum price may continue to fall.BlockDAG added 10 new payment methods, increasing investor interest and amplifying the platform's hype. This expansion improves accessibility, highlights BlockDAG's commitment to innovation, and further builds excitement in the cryptocurrency community as pre-sales surpass his $23.3 million mark.Ethereum Price Prediction: Resistance Struggles and Potential Recovery PathsThe latest Ethereum price forecast shows the cryptocurrency failing to settle…