Tag - europe news

GBP: more strength to come?
GBP: more strength to come?

The British pound has been notably strong over its peers recently. Will that lead to quick exhaustion of bulls? Not really. Read the article to know why.

Volatility for the EUR is coming
Volatility for the EUR is coming

Eurozone, France, and Germany will publish the flash services and manufacturing PMIs on February 19, from 10:15 to 11:00 MT time

What awaits EU economy in 2021?
What awaits EU economy in 2021?

IMF downgraded its projections for the Euro Area. Economists predict that the EU will get back to the pre-pandemic levels only by the end of 2022.

Risk-on momentum remains strong
Risk-on momentum remains strong

Asian equity markets were mostly positive as the region partially sustained the momentum from the tech-led gains on Wall Street.

EUR/USD is trading lower before ECB
EUR/USD is trading lower before ECB

U.S. stock markets are set to open mostly higher, supported by signs that the U.S. is edging closer to agreeing a fiscal package to lighten the burden on the economy from the latest wave of the Covid-19 pandemic.

Fears over no-deal Brexit pushed GBP down
Fears over no-deal Brexit pushed GBP down

All attention on the market is on the Brexit process. Fears over the no-deal Brexit pushed the British pound deep down yesterday after UK Prime Minister Boris Johnson claimed he was ready to abandon negotiations.

EUR/USD bullish bias remains intact
EUR/USD bullish bias remains intact

Stocks, oil, and risk currencies gained on Tuesday as the formal go-ahead for US President-elect Joe Biden to begin his transition burnished a November already boosted by Covid-19 vaccines.

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