Gold Technical Analysis: Weak Gains Despite the USD Drop
Despite the sharp decline in the US dollar with the formal signature and approval of the massive US stimulus plan, which is estimated at 2 trillion dollars, and the rise… Read more »
Tag: weak
It was all about the weak US dollar last week
The funding squeeze unwinds Here is a look at major currency performance last week against the US dollar. The funding squeeze was halted and reversed at an impressive pace. It… Read more »
US Dollar Drops on Weak PMI Data, Coronavirus Hits Confidence
Markit PMI Talking Points: US Dollar drops on weak PMI Data Composite PMI at lowest level since 2013 Coronavirus impact hurting confidence The US Dollar dropped this morning as PMI… Read more »
Euro near three-year low on sluggish growth, yen steady despite weak GDP By Reuters
By Hideyuki Sano TOKYO (Reuters) – The euro was on the back foot on Monday, as concerns mounted about weakening economic growth in Europe at a time financial markets and… Read more »
Euro Slumps Against the Dollar; Weak Eurozone Growth By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar remains in demand, and it’s the beleaguered euro which is taking a lot of the associated beating Friday as investors… Read more »
Yen steadies on virus anxiety, euro hit by weak growth outlook By Reuters
© Reuters. Illustration photo of a Japan Yen note By Stanley White TOKYO (Reuters) – The Japanese yen held onto gains against the dollar on Friday, as fresh doubts about… Read more »
Sterling Remains Weak Ahead of GDP and Cabinet Reshuffle
British Pound (GBP) Price, News and Analysis: GBPUSD slips lower but support remains close. GDP data needs to be closely watched. GBP/USD Weakens, Dropping to Support Sterling opens the week… Read more »
German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic – Bitcoin News
Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern…. Read more »
Mexican Peso Correction to Continue, Fundamentals are Weak
Main Talking Points: The Mexican Peso stood out as the best performing emerging market currency in 2019 Fundamentals do not support this growth further into 2020 USD/MXN reverses its downward… Read more »
Euro Slides as Weak Q4 Data Take Shape By Investing.com
© Reuters. By Peter Nurse Investing.com – The euro fell in early European trading Friday, weighed by signs of weakness in the region’s two largest economies. At 03:10 ET (0810… Read more »