EUR: the eye of the storm
The Euro Area Manufacturing PMI is lower than expected. What does it mean?
Tag - europe news
April 13: starting the week
Oil, Boris Johnson, and European virus dynamics - how did these shape the starting point for the Forex market this week?
EUR: $590bln rescue package
A $590bln rescue package is prepared by the EU finance ministers - will it come to action?
April 8: USD moderately up
Middle of the week, no big news, USD slightly up, GBP prone to weakness as the British PM still in ICU
USD staying strong on April 2
USD is almost the only currency showing confidence in Forex on April 2, currencies of developing economies losing ground, WTI oil slightly up from $20
USD is regaining its positions on March 31
Forex is cautiously optimistic this Tuesday on limited hopes on general economic improvement.
Euro zone suffers loss of economic activity
Economic activity in service sector in the Euro zone and the UK is on its lowest rates since 2009.
How bad is the outlook for the EUR?
European Flash Manufacturing PMI will be announced on Tuesday at 11:00 MT time.
Trading plan for March 20
Main currency pairs and assets got into consolation or correction this Friday.
Trading on the ECB meeting
The ECB will announce the interest rate and hold a press conference on Thursday at 14:45 MT time.
Important events for March 9-13
Follow the fresh releases for this week with us
Trading plan for March 4
US Fed cut the interest rate by 50 basis points, USD goes mostly sideways against other currencies, EUR gets stronger; OPEC meets on March 5 to prevent slumping of the oil price…
