Euro news

The second summit follows the announcement of new Irish investment of more than £900m into the UK.

The EUR/USD exchange rate continued its strong downward trend this week. It dropped for three consecutive days, reaching a low of 1.1545, down from the year-to-date high of 1.2080.

Poland's economy is now a European star performer. A new trend suggests further momentum, with more and more Polish firms acquiring foreign companies, including in Germany.

Germany, Austria, Japan, Spain and France have all indicated plans to release some of their oil reserves, a day after the International Energy Agency was debating the pros and cons. The Iran war has driven prices up.

The bullish retracement has created a bearish head and shoulders chart pattern in line with the dominant trend, which will complete below $1.1600.

The EUR/USD exchange rate suffered its biggest drop since July last year as investors moved to the safety of the US dollar. It ended the week at 1.1615, down from the year-to-date high of 1.2088.

Full-scale war over Iran in the Middle East has pushed energies to multi-year highs and helped strengthen safe havens such as the US Dollar and Gold.

Silver, the S&P 500, Bitcoin and several FX pairs are trading near important technical levels. Dollar strength and volatility are shaping how markets react across asset classes.