The Federal Reserve will take over from European Central Bank as the greatest influence for the EUR/USD this week, with its policy release on December 16. While the economists of Rabobank expect the general weakness of the dollar to continue in 2021, the EUR / USD is in a consolidation phase since December 3 and […]
Tag: EURUSD
Conte Says More Restrictions Should Be Adopted During The Holiday Season To Prevent Third Wave Of Covid
Is “More restrictions on ovid needed during the holiday season to avoid a third ‘contagion wave’ that would be devastating“Italian Prime Minister Giuseppe Conte said Tuesday. Additional comments: “Is 10-15 million people need to be vaccinated to have an ‘effective impact on immunity’, this will be achieved before the summer ”. “The government must go […]
1.2177 is the level to beat for the bulls
The EUR / USD has faced rejection at 1.2177 twice this month. The 4-hour chart shows a double top pattern. EUR / USD is virtually unchanged on the day, just below the 1.2150 region, at the start of the European session on Tuesday and having faced rejection at the December 4 high of 1.2177 on […]
EUR / USD cuts gains and falls towards 1.2120
The euro loses momentum against the US dollar, recovers against the pound. EUR / USD pulls back after testing 2020 highs, remains sideways. The pair EUR/USD It pulled back dramatically for the past few hours amid a US dollar reality across the board. It falls from 1.2176, the highest level in a week to 1.2126. […]
The ECB will ease restrictions on bank dividends
He European Central Bank (ECB) plans to ease bank dividend restrictions and allow lenders to pay 15% of accumulated earnings from 2019-2020Reuters reported Monday, citing sources familiar with the matter. Reportedly, the ECB will decide on dividends on a case-by-case basis and lenders will have to prove their case to get approval. Market reaction This […]
EUR / USD climbs to one-week highs above 1.2160
Dollar under pressure as it rises in the stock markets, DXY at the lowest since 2018. EUR / USD is bullish but still has to overcome strong resistance. EUR / USD is rising on Monday and is trading at 1.2160 / 65, having hit a week high at 1.2170. The main driver is the weak […]
ECB paves the way to 1.25 – Nordea
According to analysts Nordea, he European Central Bank (ECB) has paved the way to reach the 1.25 levels en el by EUR / USD. “The ECB refrained from rattling the EUR’s bullish cage as the deposit rate cut remains a follow-up scenario for policy makers. The trade-weighted EUR has traded roughly sideways since August, which […]
Villeroy notes that any positive effects of coronavirus vaccines will not be felt until late 2021
“Any positive economic effects of the coronavirus vaccines will not be felt until the end of 2021,” the member of the Governing Council of the European Central Bank (ECB) and director of the Bank of France said on Monday. Francois Villeroy de Galhau, in an interview with France Inter radio. His comments came after the […]
EUR / USD remains defensive around 1.2125-20 region, downside appears limited
EUR / USD witnessed a modest pullback on Friday amid a rebound in demand for the USD. Cross strength derived from strong rally in EUR / GBP extended support. Any significant pullback is likely to remain limited and viewed as a buying opportunity. The pair EUR/USD it traded with a slight negative bias during the […]
EUR / USD extends retracement and approaches 1.2100
The dollar gains momentum in the market before the stock market falls. EUR / USD remains in recent range, now with a bearish bias. The EUR / USD is trading in the zone of the day’s lows around 1.2110, cutting Thursday’s gains and still within the range of recent days, continuing with the sideways bias, […]
