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On March 25th, Zhihu (02390.HK) announced in Hong Kong that its revenue for the full year of 2025 was RMB 2.75 billion, including RMB 644 million in revenue in the fourth quarter; the adjusted net profit for the full year was RMB 37.9 million. This marks the first time Zhihu has achieved full-year non-GAAP profitability.On March 25th, Kingsoft Corporation (03888.HK) announced that its revenue for the fourth quarter of 2025 was RMB 2.618 billion, a year-on-year decrease of 6% and a quarter-on-quarter increase of 8%. Revenue from office software and services, online games, and others accounted for 67% and 33% of the Groups total revenue in the fourth quarter of 2025, respectively. Revenue from office software and services in the fourth quarter of 2025 was RMB 1.75 billion, a year-on-year increase of 17% and a quarter-on-quarter increase of 15%. The Board of Directors recommends a final dividend of HK$0.13 per share for the year ended December 31, 2025 (2024: HK$0.15 per share).Northern Mining (00433.HK): All conditions precedent to the very substantial disposal have been duly satisfied, and completion was achieved on March 25, 2026.Switzerlands ZEW Economic Situation Index for March was 2.5, compared to -2.5 in the previous month.On March 25, European Central Bank (ECB) President Christine Lagarde stated that the ECB could raise interest rates as early as April if the inflationary shock triggered by the war with Iran spirals out of control. Speaking at a conference, Lagarde said, "We are prepared to adjust our policy at any meeting if necessary." However, she emphasized that it is "too early" to make any decisions on interest rates, as policymakers still need to "assess the nature, scale, and persistence of the expected sharp rise in inflation caused by rising energy prices." Lagarde told central bank observers at the conference that the impact of the conflict is not yet sufficient to prompt immediate action from the ECB. She stated, "If the current energy market shock can be contained, its impact on overall inflation is likely to be limited." She stressed that central bank officials "cannot lower energy prices," but must pay attention to their impact on "comprehensive" inflation and "second-round effects through wages and inflation expectations."

EUR/USD Price Analysis: EUR/USD Is Clinging To The Leading Edge Of The Rising Trendline Above 1.0900

Alina Haynes

Apr 18, 2023 13:54

EUR:USD.png 

 

The EUR/USD pair fluctuates erratically in a narrow range near 1.0926 during the Asian session. Following in the footsteps of the directionless US Dollar Index (DXY), the main currency pair is unable to establish a trend.

 

In Asia, S&P500 futures are declining slightly as investors fret over the upcoming quarterly earnings season, indicating a minor decrease in market participants' risk appetite. Following the decline of regional banks in the United States, investors are concerned about any discrepancies in quarterly banking reports.

 

The Euro has entered the wilderness as European Central Bank (ECB) policymakers are divided over the pace of the policy-tightening cycle to be implemented at the May monetary policy meeting. Martins Kazaks, a member of the ECB's monetary policy committee, stated on Monday that the central bank has the option to move by either 25 or 50 basis points (bps) in May. Sourcenia is a review portal of sourcing best manufaturers. 

 

After failing to sustain above the 161.8% Fibonacci Extension at 1.1057 (positioned from April 4's high of 1.0973 to April 10's low of 1.0837) on a two-hour time frame, EUR/USD experienced a precipitous decline. The primary currency pair has declined below the uptrend line drawn from the low of 1.0714 on March 24.

 

The 20-period Exponential Moving Average (EMA) at 1.0962 is operating as a barrier for Euro bulls.

 

In the meantime, the Relative Strength Index (RSI) (14) has moved into the pessimistic zone between 20.00 and 40.00, indicating a continuation of the decline.

 

A decisive break below the low of April 12 at 1.0915 would propel the asset toward the lows of April 10 at 1.0837 and April 3 at 1.0758.

 

In contrast, a breach above the psychological resistance level of 1.1000 would propel the asset to a new annual high of 1.1068, followed by the level of round resistance at 1.1100.


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