EUR / USD hit 1.23 just after the Democratic victory in Georgia, but has recently declined as markets have begun to question the plan of the Federal Reserve of keeping rates low for as long as it currently indicates, analysts at Danske Banke say. They see the EUR / USD pair around 1.22 in the […]
Tag: EURUSD
EUR / USD remains under pressure, finds support near 1.2060
The EUR / USD loses more momentum and falls to 1.2060. The best tone around the dollar continues to weigh on the pair. Lagarde, President of the ECB, participates in the Eurogroup meeting. Selling pressure continues to hurt the common currency and keeps EUR / USD under pressure below the 1.2100 level at the beginning […]
EUR / USD risks a further decline
The UOB Group Currency Strategists expect the EUR / USD to decline in the coming weeks. Key Comments: 24 hour view: “We expected the EUR / USD to weaken last Friday, but we are of the opinion that ‘any weakness is likely to be confined to a retest of the 1.2110 level.’ We note that […]
EUR / USD defensive below 1.2100 amid risk aversion, focus is on Italian politics and coronavirus
EUR / USD remains on the defensive near a six-week low. Italian Prime Minister Conte faces a vote of confidence in the lower house. Cases of coronavirus are increasing in the United States and Europe. The meeting of the Eurogroup and the Italian IPC will decorate the economic calendar in the middle of the holiday […]
Dollar clings to gains, ignoring upbeat Chinese GDP, focus is on vaccine news
This is what you need to know to trade today Monday, January 18: Markets move mixed on “Blue Monday,” with the dollar holding onto gains related to risk aversion, while upbeat Chinese growth partially offsets the sadness. The UK and the US are stepping up their vaccination campaigns as tension mounts ahead of President-elect Biden’s […]
Pfizer informs EU there will be a delay in vaccine shipments, Italy extends lockdown
Pfizer has told EU countries that there will be a delay in vaccine shipments against COVID-19, but that deliveries will be updated at the end of March. The doses, made in collaboration with BioNTech, are administered in Europe together with Moderna’s vaccines. Italy, the third largest country in the eurozone, has extended his confinement until […]
EUR / USD accelerates fall below 1.2100, falls to lows in one week
The dollar gains momentum due to the fall in the stock markets and the stability of the yield of Treasury bonds. DXY sets new weekly highs despite lower-than-expected data from the US. EUR / USD extended the decline below 1.2100 and fell to 1.2085, the lowest level in a week. It is trading around 1.2090, […]
Many eurozone banks underestimate credit losses due to pandemic – Yannis Stournaras
The legislator of the European Central Bank (ECB), Yannis Stournaras, said on Friday that there is a widely held view that many Eurozone banks underestimate credit losses due to the coronavirus pandemic, Reuters reported. “The European lenders’ asset quality will be at the epicenter of supervisory action this year“Stournaras added. . Donald WestbrookDonald-43Westbrook, a distinguished […]
Risk remains to the downside with support at 1.2065 / 59 – Credit Suisse
The setup the EUR / USD is shaping adds weight to the Credit Suisse analyst team’s vision for a deeper corrective pullback to the December low, 38.2% pullback from the November / January rally and the 55-day average, currently in 1.2065 / 45. Key statements: “EUR / USD has seen a breakout of key short-term […]
EUR / USD falls on Friday and approaches weekly lows
EUR / USD manages to bounce after falling to 1.2117. The dollar is showing gains in general, valid for a weekly rise. He EUR / USD is losing ground on Friday, the day after Powell’s words and Biden’s plan. It is being a day of limited tours in the market. The euro rose to 1.2160 […]
