The low inflation data from the euro area fueled the EUR/USD currency pair drop. Which in turn, could hinder the bloc’s economic resurgence. The EUR/USD currency pair on Friday fell. It dropped from a beginning high of 1.1744 in the Australian market. Then, it fell to a low of 1.1696 quickly after that. Then the …
The EUR/USD currency pair improved yesterday. It rose from a low of 1.1717 in the Australian market to a high of 1.1770 in the mid-European session. Nevertheless, it had two critical retracements in progressing each time. Moreover, the heightened investor risk pushed the currency pair’s rally. The statement of the disappointing Markit/BME Germany Manufacturing PMI, …
Euro Trades With Falls And Rises, Elevated Against The USD Read More »
USDPLN The United States ended the third quarter with a -31.4% economic contraction. Many analysts believed that the current stimulus program of the US government and the Fed will not be enough to cover these losses. Hence, they are expecting the US Senate to back the $2.2 trillion economic aid bill by the House of …
The EUR/USD currency pair today charged then gave up all its profits before rallying over as the bulls and bears battled for control between mixed euro area macro prints. The EUR/USD currency pair today recovered from a low of 1.1717 in the Australian market to a high of 1.1770 in the mid-European session. However, it …
Euro Trades Against U.S. Dollar On Uplifted Sentiment Read More »
On Wednesday, the GBP/USD currency pair extended its rally for the third consecutive day, driven by the dollar’s overall vulnerability and positive UK macro reports. On Wednesday, the GBP/USD currency pair progressed from a low of 1.2806 in the early London session to a high of 1.2942 in the American market. They were trading near …
EURCZK The euro currency will continue its strength with stable growth forecasts for Germany, France, and Italy’s PMI reports. Expectations were 56.6 points, 50.9 points, and 53.5 points, respectively. Among these countries, only Italy’s report is expected to improve slightly while Germany and France are expected to deliver the same figure they had for August’s …
The GBP/USD currency pair yesterday stretched its rally for the third continuous day. It saw motivation from the dollar’s overall vulnerability and positive UK macro reports. The GBP/USD currency pair yesterday increased. It rose from a low of 1.2806 in the early London session to a high of 1.2942 in the American market. They were …
With the coronavirus pandemic decreasing in South Korea, could one amongst Asia’s worst-performing currencies turn everything around within the final quarter of 2020? Industrial output fell by 0.7% in August, falling from the 1.9% increase in July. The annual rate fell 3%, more rigid than the market estimation of 2.8%. Manufacturing production also contracted by …
The South Korean Won Stays Unchanged Upon The U.S. Dollar Read More »
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