The EUR / USD has fallen below 1.2050, reaching the lowest levels since the beginning of December, a new low in 2021. The common currency is struggling in the middle of a slow vaccination campaign in the Old Continent compared to UK and US While eurozone GDP figures for gross domestic product were above estimates, […]
Tag: Last minute
IFO’s Business Climate Index falls short of estimates by 90.1 points in January
IFO’s German Business Climate Index stood at 90.1 in January. IFO’s current economic assessment stood at 89.2 this month. Germany’s IFO Expectations Index for January reached 91.1. He IFO’s general business climate index for Germany falls sharply to 90.1 points in January from 92.2 the previous month and coming in below the estimates of 91.8 […]
The sale of the dollar remains intact after Powell talks about monetary policy
While speaking at an online event hosted by the Princeton Bendheim Center for Finance, the President of the FOMC, Jerome Powell, said they need to see inflation rise above 2% for a while for the new framework to be credible for the public. Market reaction He dollar continues to weaken in front of his rivals […]
Bitcoin
Bitcoin Has been extending its fall from the highs losing 19% and moving below the $ 31,000 level. BTC / USD peaked near $ 42,000 last week. He Ethereum has plummeted 24% Monday, trading around $ 950. Vitalik Buterin’s creation has receded from the peak well above $ 1,300. Meanwhile, the XRP / USD, which […]
Von der Leyen from the EU says the UK trade deal is fair, balanced and correct
The president of the European Commission, Ursula von der Leyen, announced on Thursday that they have reached a trade agreement with the United Kingdom. Additional conclusions “It was a long and winding road, but we got a good deal.” “The deal is fair, balanced and correct.” “The talks were very difficult.” “The deal also benefits […]
GBP / USD surpasses the 1.3600 zone after it was learned that the UK Parliament could approve the Brexit agreement on December 30
He GBP/USD has risen in recent minutes, hitting new one-week highs at 1.3605, as Sky News reports the UK Parliament will approve the Brexit deal on December 30. Joe Pike, political correspondent for Sky News, tweeted: “Two high-level parliamentary sources suggest that December 30 (next Wednesday) remains the most likely day for Parliament to meet […]
GBP / USD jumps above 1.3500 on hopes of an imminent Brexit deal
The EU member states have started preparing procedures for a new trade deal from January 1, if it is finally reached. Harry Cole, of The Sun newspaper, says that “a Brexit agreement is in sight.” He adds that a dispute over the batteries is delaying the final settlement. Sam Fleming of the Financial Times also […]
GBP / USD collapses below 1.3200 on contagious strain of covid
He GBP / USD has tumbled below 1.3200, dropping about 320 pips on the day. The new strain of covid circulating in London is sparking a sell-off amid travel bans in Europe and potential supply chain problems before Christmas. The Prime Minister of the United Kingdom has called a Cobra cabinet emergency meeting to discuss […]
GBP / USD plunges 250 pips on panic over new Covid strain
The new strain of COVID-19 sweeping London has triggered travel bans in most of Europe. France went further with a ban on shipping transports, causing disruptions in supply chains before Christmas. The travel restrictions follow Britain’s decision to set nNew Level 4 lockdowns in London and the South East, after the rapid spread of the […]
GBP / USD rises towards 1.3400 after Barnier said there are now two unresolved issues
The chief Brexit negotiator for the European Union (EU), Michel barnier, said two conditions remain unresolved in Brexit trade negotiations, after the talks extend beyond the deadline set on Sunday. Sounding a bit more optimistic, Barnier said that negotiators will give every opportunity to reach an agreement while remembering that the friction points continue. Their […]
