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Battery Separator Industry: Market Trends, Forecast Analysis, and Key Companies

Posted by Animesh Rao on September 23, 2024 at 2:21am 0 Comments

Battery separators play a critical role in ensuring the safe and efficient functioning of batteries, acting as a physical barrier that keeps the anode and cathode apart, preventing short circuits while allowing ions to flow between the two. As the global shift toward renewable energy and electric vehicles (EVs) accelerates, the demand for advanced batteries, especially lithium-ion batteries, has surged. This rising demand is driving growth in the battery separator market, positioning it as a… Continue

EU’s Recovery Fund Will Affect Euro’s Trend

EU’s Recovery Fund Will Affect Euro’s Trend

Germany and France jointly proposed on the 18th to establish an European Union recovery fund to offer financial aids to members struck by the economic fallout of the pandemic. The news pepped up market confidence, sending the euro on a rally, though rather moderate in scale.To get more news about WikiFX, you can visit wikifx official website.

EUR/USD is recently near the 1.10 resistance level, very close to the pivot points of 200 day moving average. The forex research department of Credit Suisse observed that though the euro may still face pressures, there are still many factors to keep long-position holders excited. If an explicit, transparent and sustainable mechanism for fiscal risks diversion is established, the market would have less reason to have to price in longer term euro breakup risk.

The recovery fund could have long-lasting impacts on the European Union, and getting unanimous approval from the European Commission is the major challenge facing this initiative in the coming weeks, as Northern European member states are likely to oppose the plan.

Though many European countries acknowledge the significance of keeping the sustainability of both the euro and European Union, the more developed Nordic member states have always opposed sharing fiscal burdens and debts among member states, which will provide basis for forming a European Union finance ministry.

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