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Tag - europe news
The recent initiative for a $546-bln financial aid package in the Eurozone made the EUR/USD break local resistance. How much fuel does it have?
The Euro Area Manufacturing PMI is lower than expected. What does it mean?
Middle of the week, no big news, USD slightly up, GBP prone to weakness as the British PM still in ICU
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
Forex is cautiously optimistic this Tuesday on limited hopes on general economic improvement.
Main currency pairs and assets got into consolation or correction this Friday.
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…
Is EUR going to break the 2-year downtrend?
The Japanese yen is back in the Forex market reconquest on investors' flight to safety. Observers are almost certain the US financial authorities will lower the main interest rate - hence, the USD is dragged down. What else does Friday bring?
The US Dollar steps back on ease expectations to fight off the Coronavirus damage. See where the USD goes against the EUR, GBP, CNH, JPY, and NZD!
Markets are mixed, prevailing mood is flight to safety. How do currencies respond?