Tag - europe news

Vaccine hopes vs. Covid-19 resurgence
Vaccine hopes vs. Covid-19 resurgence

The market sentiment is mixed, and the US dollar is trading near the lowest levels for over two years. Let’s have a look at the main market movements today.

USD entering a short period of consolidation
USD entering a short period of consolidation

Asian equity markets were mostly higher as the region took its cue from the predominantly strong performance stateside where the S&P 500 and DJIA rallied to fresh record highs.

All attention to Euro
All attention to Euro

EU Flash Manufacturing & Services PMI will come out on Friday at 11:00 MT time!

EUR/USD to Face Critical Support at 1.1685
EUR/USD to Face Critical Support at 1.1685

Looking ahead, highlights from macroeconomic calendar include Eurozone CPI US Retail Sales and University of Michigan, European Council Summit and Fed’s Williams speech.

USD is the Strongest and the AUD is the Weakest Today
USD is the Strongest and the AUD is the Weakest Today

The number of Americans applying for initial unemployment benefits unexpectedly increased to 898,000 last week, its highest since late August, compounding fears that the recovery in the labor market is stalling

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