Tag - eur

ECB Lagarde: The economy seen shrinking in Q4, with the services severely curbed

Looking ahead, highlights rom macroeconomic calendar include UK GDP and output data, Swedish inflation, ECB rate decision & press conference, US CPI, IJC, EU Council Meeting, BoC's Beaudry, FDA EUA meeting

In a nutshell: no Brexit deal reached so far, the GBP is fluctuating.

U.S. stock markets are set to open mostly higher, supported by signs that the U.S. is edging closer to agreeing a fiscal package to lighten the burden on the economy from the latest wave of the Covid-19 pandemic.

The mid-term perspective suggests there is a high likelihood of a slide downwards with EUR/JPY. Why? See the article.

EUR/USD, GBP/USD, AUD/USD, and XAU/USD have reached interesting technical levels. Traders are hoping that the US authorizes the Pfizer vaccine this week. They also want to know how the dinner between the UK Prime Minister Boris Johnson and European Commission Ursula von der Leyen goes and how it will influence Brexit.

US stocks are set to extend Monday’s losses when markets open later, as concern about the spread of lockdown measures to tackle the pandemic returns to haunt cyclical stocks.

EUR is weakening against the CHF. What's the outlook?

All attention on the market is on the Brexit process. Fears over the no-deal Brexit pushed the British pound deep down.

Further bearish pressure will lead AUD/JPY to retest the previous lows of 77.00.

Boris Johnson flies to speak to Ursula von der Leyen face to face. Will that bring a change to the shipwrecking Brexit?

World shares and other risk assets fell on Monday as growing risks of a no-deal Brexit that hit the pound hard and fresh Sino-U.S. tensions offset bets over more fiscal and central bank stimulus in Europe and the United States.