EUR/USD tests one-week low before rebound, IMF warns Europe could face risk of economic stagnation
EUR/USD is witnessing a good rebound today after testing one-week low. The pair has recovered as the US Dollar loses ground and risk appetite is slowly picking up in global equities. Euro was hit earlier as International Monetary Fund (IMF) warned that Europe could face the risk of economic stagnation if it does not take urgent measures to address slowing economic growth, weak investment, and escalating geopolitical threats. The IMF stated that barriers in the European single market are hindering economic development and recommended deepening the EU single market and increasing fiscal budgets. However, while translates into a cautious medium-term outlook for the Euro, near term dynamics are being dominated by geopolitics and some cautiousness ahead o Traders now await fresh US manufacturing and leading economic data. EUR/USD pair is currently quoting at 1.1583, up 0.34% on the day. On the NSE, EUR/INR futures are quoting at 99.86, up 0.24% on the day in an overall tight session.
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Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0.00% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Battery endurance per charge: Shows how long a phone lasts on a full battery. Drop test durability: A rating from A to E based on repeated free-fall tests. Battery life cycle: Number of full charge-discharge cycles it can handle. Repairability rating: A to E scale showing how easy the device is to repair. Ingress protection (IP rating): Resistance to dust and water. Product registration: All details are stored in the EPREL (European Product Registry for Energy Labelling). This helps users understand how long the phone will last, how tough it is, and how eco-friendly its design is—before they even power it on. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 開脚でゆがみを整えてまっすぐな体へ! amepla 詳細 Undo Which phones and tablets are affected by the EU energy label rule? 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Repairability: Brands must offer spare parts within 5–10 working days, for at least 7 years after the device is off shelves. Software support: Operating system updates are now required for 5 years from end-of-sale date. Repair access: Independent repair shops must get equal access to software tools and firmware. These rules push smartphone brands to build longer-lasting, more sustainable devices—and make it easier for people to fix their phones instead of replacing them. How is battery life measured under this new EU regulation? One interesting detail is that the battery endurance rating in the new labels is tested using the same software used by many tech reviewers: SmartViser. This French automation company works with labs and manufacturers to simulate real-world usage. So now, the battery performance you see on the label is based on consistent, lab-tested data, not just marketing claims. 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NBA star Kevin Durant has purchased a minority stake in Champions League winner Paris Saint-Germain, the French club said on Friday. Qatar Sports Investments, PSG's majority shareholder, signed an investment and strategic partnership agreement with Durant, a two-time NBA champion, the club said in a statement The 36-year-old Phoenix Suns forward is one of many U.S. athletes — NBA and NFL stars in particular — to invest in European football (via direct club stakes, through consortia). NBA superstar LeBron James, back in 2011, acquired a minority stake in Liverpool FC, while legendary quarterback Tom Brady became a minority owner of Birmingham City in August 2023. Here are prominent NBA and NFL stars who hold minority stakes in European football clubs: JJ Watt (NFL) - Burnley Tom Brady (NFL) - Birmingham City Russell Westbrook (NBA), Golfers Jordan Spieth and Justin Thomas (49ers Enterprises) - Leeds United LeBron James (NBA) - Liverpool Kevin Durant (NBA) - Paris St. Germain (PSG) Jason Kidd (NBA coach) - Everton FC
