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 | submitted by FXView to FXview [link] [comments] The single currency snaps four days of bullish run versus its US counterpart on Friday amid surging coronavirus cases and Brexit woes. An array of negative sentiments was witnessed among investors after British Prime Minister Boris Johnson’s spokesperson stated that a trade deal is unlikely to happen unless and until there is a substantial change in European Union’s position on the Brexit front. Besides, the number of coronavirus cases continues to surge across the globe, with approximately 74.9 Million people falling prey to COVID-19. As of now, the currency pair is trading at 1.2242 level, down by 0.20%. Coming to the previous session, the dollar slid across the board, which propelled EURUSD to test an intraday high of 1.2272 level owing to the development in the US stimulus bill. The US lawmakers made progress in the $900 billion coronavirus aid package, which consisted of stimulus checks worth $600 to $700 along with extended jobless aid. In addition to this, the dismal US macro-economic statistics exerted pressure on the greenback. The Philly Fed Manufacturing Index stood at 11.1 versus the expectation of 20.1, whereas the Unemployment Claims data came at 885K, worse than the forecast of 817K. Subsequently, the currency pair settled the day in green at 1.2265 level, up by 0.57%. Moving ahead, investors can take cues from the Eurozone Retail Sales data and German IFO Business Climate data for short term trading impetus. Risk disclaimer: The vast majority of retail client accounts lose money when trading in CFDs. |
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 | submitted by FXView to FXview [link] [comments] EURUSD EURUSD is flashing green in the early Asian session on Wednesday as investors await fresh cues from German IFO Business Climate Survey slated for today. Also, US Treasury Secretary Mnuchin stated that administration is considering more stimulus package to revive the economy. He further gave assurance over the Phase 1 US-China trade deal which kept the market sentiments afloat. Currently, the pair is trading at 1.1321, up by 0.15%. Coming onto the previous session, EURUSD surged as high as 1.1348 level owing to the jagged sell off in the greenback after White House advisor Peter Navarro clamed markets stating that his earlier comments were taken out of context concerning US-China trade relations. In addition to this, President Trump reiterated that the trade deal between US and China is still Intact. Thus, undermining the demand of perceived safe heaven greenback. The Buoyant mood was further supported by the upbeat Eurozone and German Flash PMI reports which came unexpectedly better, reviving hopes for a faster economic recover. On the contrary, the US Manufacturing data showed dismal results as it came at 49.6 versus the consensus of 50. Consequently, the currency pair settled the day at 1.1307, up by 0.42%. Apart from German IFO reports, investors can focus on Belgian NBB Business Climate report and US HPI data from intraday trading opportunities. Risk disclaimer: The vast majority of retail client accounts lose money when trading in CFDs. |
 | https://preview.redd.it/cly3g773fv051.png?width=602&format=png&auto=webp&s=08a8417ed42dce9bd93d446c95fc68d962acd67b submitted by FXView to FXview [link] [comments] The EURUSD pair trades near 1.0890 level, representing a marginal decline of 0.09% in the early Asian hours on Monday. The pair extends its losses for the third straight session as mounting US-China trade skirmish is boding well for the greenback. The fresh turmoil over the imposition of National security low led to a street protest in Hong Kong over the weekend which is threatening the already sour Sino-US trade relation. Also, Chinese Foreign Minister Wang Yi stated that America is slowly advancing towards a Cold War. Coming onto the previous session, the risk-off sentiments took over the financial markets along with greenback surging against its major rivals. The dismal mood was triggered in the wake of escalating US-China tensions after China warned to safeguard its security, sovereignty, and Interests by enforcing a national security law on Hong Kong. Meanwhile, the ECB in its Friday’s meeting minutes extended its Pandemic Emergency Purchase Programme (PEPP) and ensured to offer other tools necessary to cushion the economy from the devastating effects of coronavirus. The pair dipped to the lows of 1.0885 level, finally ending the session at 1.0898, down by 0.45%. Moving ahead, investors can take cues from the German IFO Business Climate data and Belgian NBB Business climate reports for further trading impetus. Risk disclaimer: The vast majority of retail client accounts lose money when trading in CFDs. |
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![[Holger Zschaepitz] German Ifo Business Climate Survey fell back marginally to 117.2 in Dec from 117.6 in Nov, slightly lower than expe… https://t.co/rI8t6CAwvM](https://external-preview.redd.it/y-GZANIBsUVMQZgb7dWGs1Tj0LwnixKSeoBc18nj5H0.jpg?width=108&crop=smart&auto=webp&s=3c153f22b4a2dc2f8e59bca1f037730bb145ad6a "[Holger Zschaepitz] German Ifo Business Climate Survey fell back marginally to 117.2 in Dec from 117.6 in Nov, slightly lower than expe… https://t.co/rI8t6CAwvM") | submitted by jeff98379 to newstweetfeed [link] [comments] |
![[Bollingerbands] Phân Tích Gold Forex Ngày 28-10-2019](https://i.ytimg.com/vi/PbRwiJkXGH8/default.jpg "European equities and risk-linked currencies gained on Monday, as the German Ifo survey showed improvement in business climate. With the UK and the US markets closed for holidays, the improved ...")
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[EUR 24-2-2020] German Ifo Business Climate - Duration: 15:54. youtube for trader Recommended for you. 15:54 ... Phân Tích Gold-Forex Ngày 24-10-2019 - Duration: 17:11. youtube for trader 592 ... Automated Forex Winning 5,000 Pips/mo, Get Free Access https://goo.gl/YP1JpD This German business sentiment index released by the CESifo Group is closely watched as an early indicator of current ... Yohay Elam, Forex Crunch’s chief analyst, shares what are the most important events to follow during the Thursday’s session. #forexfundamental #marketnews #forexnews Forex Market News【German Ifo Business Climate】【New Home Sales】 l News Trading alerts on EURUSD -----... Economic conditions in the euro area improve at a breakneck pace. The German IFO business climate index that indicates the level of confidence of German entrepreneurs in the economy, hit an all ... European equities and risk-linked currencies gained on Monday, as the German Ifo survey showed improvement in business climate. With the UK and the US markets closed for holidays, the improved ... Mon Jan 27 • 09:00 EUR German IFO Business climate • 09:30 GBP High street lending Tue Jan 28 • 00:30 AUD NAB Business confidence • 13:30 USD Durable goods •...