Tag - eur

The pound has slumped against other major currencies amid fears over the no-Brexit deal. More details have recently come out over EU-UK tensions. Let’s get into them straight away.

The market sentiment is mixed, but still, there are some interesting movements. Let’s have a closer look.

ECB President Lagarde offered EUR/USD a free pass to head higher.

The ECB confirmed they are not planning to change the course of the EUR: all aboard!

ECB September forecasts see higher inflation in 2021, Lagarde says that there is no need to overreact to euro gains.

EUR/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum.

The main event of the day is the ECB’s monetary policy statement. Jump in to know how it will impact EUR/USD!

Watch this video to get fresh analysis of EUR/USD, GBP/USD, S&P 500 and gold!

Global markets again went their separate ways, with the Japanese, Korean and Chinese markets all falling heavily while European ones rose. Oil prices rebounded overnight as a degree of stability returned to risk assets.

The rout in tech stocks in the US over the last day has been a stiff test of nerve for European markets but one to which they appear to be equal, at least for now.

EUR/USD is supported around 1.1750. However, the pair has already fallen below the summer support line. We’ll view buy trades only when the pair returns above 1.1800.

EUR/USD, GBP/USD, USD/JPY and AUD/USD go down…