Economic Data, EUR in the Spotlight
It’s a relatively quiet day ahead on the economic calendar. Economic data from the Eurozone and U.S stimulus talk will be in focus.
EUR/USD pressured below 1.21
EUR/USD is trading below 1.21, consolidating Friday's losses as the market mood is mixed. Upbeat Chinese GDP and US stimulus are cheering markets while Italy's political crisis and the depressing coronavirus picture is weighing on sentiment.
EUR/USD recedes from 33-month high as Democrats take a lead in Georgia elections
EUR/USD retreats to 1.2285 from a 33-month high of 1.2327. Risk sentiment weakens, pushing stocks lower and the anti-risk dollar higher.
EUR/USD 1Q Forecast: US Dollar May Rebound, FED, ECB Policies Diverge
The US Dollar soared at the onset of the Covid-19 pandemic as panicked credit markets began to seize up, sending capital scrambling for the reserve currency’s ultimate liquidity.
EUR/USD May Rise To 1.22
Euro/dollar's consolidation may be coming to an end as worries about the virus, US stimulus, and Brexit are holding the EUR/USD pair back
EUR/USD still targets the 1.2200 level
According to FX Strategists at UOB Group noted the positive outlook for EUR/USD, which continues to target the 1.2200 level.
Daily news
- Iran Plans Results-Driven, Project-Focused Presence at Eurasia Summit to Boost Engineering Service Exports
- Escalating Hostile Rhetoric Will Not Go Unanswered
- Judiciary Chief Calls for Swift Action to Prevent Unrest, Blames Currency Instability
- Ravankhah: Iran Ready to Perform Well at 2026 AFC U-23 Asian Cup
- Israel continues its military incursion into southern Syria
- Preferential Currency Was Anti-Production
- Why Washington Still Cannot Ignore Venezuela
- Iran marks anniversary of legendary wrestler Gholamreza Takhti’s passing
- Brazilians protest against US attack on Venezuela and kidnapping of Maduro
- President Criticizes Hypocrisy of Western Powers, Calls for Strategic Domestic Planning
- Fire breaks out at major dairy plant in northern Iran
- Rail Freight Transport Rises 12% in Eight Months, Boosting Exports to Afghanistan
- Appeasement Encourages the Enemy, Does Not Ensure Security
- Hosseinnezhad among Continent’s Rising Stars: AFC
- Maduro and his wife to appear in New York federal court on Monday
Long Reads
11 Jan 2025
Four Concerns in Manganese Mining
The underground nature of manganese mines in Iran is an old challenge for miners in this field, because it involves the high cost of production.
Candidates face each other in first televised debate
The first televised debates among seven presidential candidates were held on Saturday afternoon.
Investigating disasters caused by Yemen War
The fourth pre-session of an international conference on international law and armed conflict in the region, entitled "Yemen War and Role of International Law on Armed Conflicts", was held virtually at Qom University.
Germans, Japanese and Marylanders are poisoned by the US military
PFAS in fire-fighting foams used on basFes worldwide are contaminating the environment and endangering public health. The Pentagon denies wrongdoing.
Hot link
important news
Judiciary Chief Calls for Swift Action to Prevent Unrest, Blames Currency Instability
TEHRAN - Iran’s Judiciary Chief, Hojjatoleslam Mohseni Ejei, has called for urgent measures to eliminate the underlying conditions that lead to public unrest, emphasizing that economic instability, particularly fluctuations in the currency market, has been a significant factor behind protests by tradespeople and merchants. Speaking to commanders of the Law Enforcement Forces (Faraja), Ejei stressed that the judiciary and security forces must work proactively to prevent incidents of unrest and maintain public safety.
President Criticizes Hypocrisy of Western Powers, Calls for Strategic Domestic Planning
TEHRAN - President Masoud Pezeshkian criticized what he described as the dual and deceptive policies of the United States and other Western powers, accusing them of obstructing Iran’s development while portraying themselves as defenders of human rights.
Gov’t Aims to Ease Cost-of-Living Pressures on the Public
TEHRAN - Speaking at a ceremony honoring those involved in the construction of the Hazrat Fatemeh Zahra (PBUH) residential complex for the Law Enforcement Command of the Islamic Republic of Iran (FARAJA), the President said that, in cooperation with Parliament to reform support policies, the government’s goal is to reduce cost-of-living pressures on the public and prevent corruption in supply and distribution chains. He emphasized that the government welcomes criticism, oversight, and cooperation from all well-intentioned stakeholders in the country.
Gov’t Recognizes Protests, Pledges Economic Reforms
TEHRAN - The Iranian government has officially acknowledged recent public protests and emphasized its commitment to citizens’ constitutional right to peaceful assembly, while outlining plans to address economic grievances and rising inflation. Government spokesperson Fatemeh Mohajerani said Tuesday that authorities view the current crisis as both a challenge and an opportunity to strengthen social cohesion and improve public trust.
Iran Successfully Launches Three Remote Sensing Satellites
TEHRAN - Iran has launched three domestically built remote sensing satellites using a Russian launcher.
Hot Lines
Malaysians in Tehran Mark 66th National Day, Malaysia Day
TEHRAN – Malaysians in Tehran marked together the 66th National Day and Malaysia Day in style on September 5 at the residence of Malaysian Ambassador to Tehran H.E. Khairi bin Omar.
25 Jul 2023
The Concept of Love in the New Testament and the Qur’an
This article studies the concept of love in the Qur'an and the New Testament. The purpose of this article is to examine and compare the concept, approach and scope of love in these books.
The Fight Against Corruption – Is a Priority of Uzbekistan’s State Policy
The reforms started in Uzbekistan 7 years ago are being continued consistently. Decisions based on principles such as keeping up with the times, openness to positive changes, and ensuring human dignity are becoming important in determining the country's future.
New Tourism Destinations in Malaysia Introduced
The Ministry of Tourism, Arts and Culture of Malaysia announced that the country's borders were opened to foreign tourists after a two-year hiatus due to the corona pandemic.
Expansion of investment with the development of infrastructure in Lamerd Special Economic Zone
Lamerd Special Economic Zone has seriously used its full capacity to build infrastructure. With the efforts of the management complex, despite all the problems, with the development of infrastructure, we are witnessing the expansion of the presence of investors.





























