Ursula Von der Leyen, President of the European Commission, confirmed this Tuesday that 300 million doses of Pfizer, Moderna and AstraZeneca vaccines will arrive in Europe in the second quarter of 2021. Featured statements: “If approved, more than 80 million vial doses of J&J and Curevac will be available in the second quarter.” “AstraZeneca will […]
Tag: EURUSD
The recovery remains limited below 1.2100 pending the GDP of the Eurozone
EUR / USD remains vulnerable despite a tepid bounce. The euro does not benefit from the state of risk appetite amid hopes for stimulus. The preliminary GDP of the euro zone will show a contraction in the fourth quarter of 2020. The EUR/USD It is clinging to recovery gains below 1.2100 as bears take a […]
Forex Today – Asian Session: Bullish Dollar At The Start Of A Busy Week
What you need to know on Tuesday, February 2: The US dollar appreciated strongly against most major rivals, with European currencies being the worst performers. The pair EUR/USD it is trading near a daily low of 1.2062 heading into the Asian session, despite upward revised Markit PMIs and a worse-than-anticipated US ISM manufacturing index. The […]
EUR / USD falls to five-day lows below 1.2070 as USD retains its strength
EUR / USD is struggling to rally above 1.2100 on Monday. The US Dollar Index is approaching 91.00 in the American session. The release of macroeconomic data did not provoke a significant market reaction. The pair EUR/USD it spent the Asian session fluctuating in a relatively tight range near 1.2120, but was under heavy downward […]
With room for a move to 1.2060 / 50
EUR / USD falls to 3-day lows in the 1.2070 / 65 zone. The 2021 lows near 1.2050 offer decent support so far. The EUR/USD starts the week lower and moves back to the area below 1.2100. A further drop is expected to meet decent containment in the 1.2050 region, where the yearly lows are […]
When is the US ISM Manufacturing PMI and how could it affect the EUR / USD?
US ISM Manufacturing PMI Summary. The Institute for Supply Management (ISM) will release its latest manufacturing business survey result, also known as ISM Manufacturing PMI at 15:00 GMT this Monday. The index is forecast to have declined from the previous month’s reading of 60.5 to 60.0 in January, still pointing to a decent expansion for […]
EUR / USD marks new lows below 1.2070
The euro and the Swiss franc extend fall throughout the market. DXY clings to gains, look closely at the 91.00 zone. The EUR / USD extended the bearish run and fell to 1.2068, reaching the lowest level since last Wednesday. The price remains under pressure, and close to the daily floor due to a general […]
The unemployment rate remains unchanged at 8.3% in December as expected
The unemployment rate in the euro area was stable in December as expected. The EUR / USD pair continues to push lower and is trading below 1.2100. The seasonally adjusted unemployment rate was unchanged at 8.3% in the eurozone in December, as data published by Eurostat showed on Monday. This reading was in line with […]
Knot Says Hopes of Economic Recovery Fuel Stock Markets Rebound
Klaas Knot, a member of the Governing Council of the European Central Bank (ECB) and governor of the Dutch central bank, said on Sunday that the current rebound in stock markets can be attributed to growing expectations of economic recovery. Key Comments: “Definitely we see high ratings”. “The stock markets could be anticipating the launch […]
Silver shines on retail demand, risk appetite returns in February on stimulus hopes
This is what you need to know to trade today Monday, February 1: Markets have seen a choppy Asian session on the first day of February, and the Wall Street retail frenzy of the past week has weighed on early trading sentiment. Investors have since witnessed a major shift in market sentiment as risk has […]
