The Eurozone banks have seen “limited” impact from the pandemic so far, said the chief supervisor of the European Central Bank (ECB), Andrea Enria, in a speech on Friday, referring to the impact of the covid on the balance sheet of banks. Featured statements: “Despite this, we must not be complacent.” “We cannot rule out […]
Tag: EURUSD
EUR / USD still at risk of a move towards 1.2080 – UOB
The currency strategists of UOB Group noted that the EUR / USD still faces a probable drop to the 1.2080 region In the next weeks. 24 hour perspective: “We expected the EUR to trade within a 1.2130 / 1.2205 range yesterday. However, it fell to 1.2109 before recovering quickly and ended the day little changed […]
EUR / USD could test key supports around 1.2060 – TDS
He EUR/USD has broken below key support around 1.2130, quickly turning attention to a possible test of key supports around 1.2060, reports Ned Rumpeltin, European director of foreign exchange strategy at TD Securities. “The pair now appears to be within a short distance of a test of the week’s lows just above 1.2130. We have […]
EUR / USD turns back after reacting with an initial rally to Powell’s words
He EUR/USD It initially reacted upward to the comments that Fed Chairman Jerome Powell made at an online event organized by the Princeton Bendheim Finance Center. The pair has risen more than 25 pips on his words, reaching highs for the day at 1.2178. Subsequently, the pair has lost all the ground gained, falling towards […]
Merkel is considering new containment measures – Bild
The German Chancellor, Angela Merkel, is considering additional confinement measures related to the coronavirus amid heightened fears about the variant of the virus detected in the UK, Reuters reported Thursday, citing German media outlet Bild. According to reports, Merkel’s measures could include the closure of local and long-distance public transport. Hours earlier, the Robert Koch […]
Banks should be prudent about their dividend policy
The eurozone banks should be cautious about their dividend policythe member of the Governing Council of the European Central Bank (ECB) said on Thursday, Pablo Hernandez de Cos, as reported by Reuters. “The recommendation will remain valid until the end of September 2021 when, provided there are no materially adverse developments, the ECB intends to […]
EUR / USD falls to new lows in a month and is approaching 1.2100
USA: Unemployment benefit claims jump to highs in months. Market waiting for Powell and Biden’s speech. Dollar gains moment despite the data and clears losses. He EUR / USD broke below 1.2130 and fell to 1.2109, reaching the lowest level since December 11. The price remains in the area of ​​the minimum before a general […]
Concerns were raised about risks related to the euro exchange rate
The Governing Council of the European Central Bank (ECB) has expressed concern about the risks related to the evolution of the euro exchange rate, which could have a negative impact on the inflation outlookminutes from the ECB’s December monetary policy meeting showed on Thursday. Additional comments summarized by Reuters: “It was observed that December inflation […]
EUR / USD Price Analysis: No More Sideways Runs Out
EUR / USD extends weekly losses and challenges key support at the 1.2130 region on Thursday. The continuation of the ongoing consolidation n. Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative […]
RKI says they will have the pandemic under control by the end of 2021
“We will have the pandemic under control by the end of this year“Germany’s Robert Koch Institute (RKI) president Lothar Wieler said in a statement on Thursday. Additional comments: “The situation may get even worse due to the new variant of the virus“. “The capacity of the German ICUs is more challenged than ever“. “10 of […]
