The EURUSD pair hit it’s the lowest level since May 2017. The sharp downward movement came out last Friday as London closed for the month and after currency options expired. The German economy is heading toward a recession and also Brexit Turmoil is continuing. Moreover, European Central Bank is...
I want to try and get an agreement We have greatly strengthened our position with the EU We are in the last stages of negotiating with our EU friends If the EU thinks that Brexit can be stopped, the less likely they are to gives us a deal The worst thing fo...
BREXIT: BRITISH PM JOHNSON SAYS WE GREATLY STRENGTHENED OUR POSITION WITH THE EU, BY PREPARING PROPERLY FOR NO-DEAL
On the year-on-year basis, the Eurozone CPI is expected to stay at 1.0%. Addition to the inflation data, the market expects the unemployment rate to be at 7.5% A better than expected realization may support the single currency.
1. Eurozone Consumer Price Index We will focus on the Eurozone Consumer Price Index and the Unemployment Rate today. On the year-on-year basis, the Eurozone CPI is expected to stay at 1.0%. The market expects the unemployment rate to be at 7.5% A better than expected re...
Sees no value-added in ECB launching package of measures Would be reluctant to back peitring of deposit rates Market expectations for Sept 'overdone' Sees 'minor' revisions to September forecasts ECB should keep the powder dry in case of new shock
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