Fundamental view: The Euro has gone back and forth during the course of the week and ended weaker against greenback in the end of the week. One of the biggest sticking points of the last week is the fact that the stimulus talks in America are going on forever, and it seems as if there is plenty of [...]
Fundamental view: The Euro broke higher during the course of the week, slicing through the 1.21 level, a level that was last seen in April 2018. Market players had loads to digest this week, starting with a quite encouraging factor. On Tuesday, a group of US bipartisan lawmakers offered a new $908 billion COVID-19 relief package. Talks [...]
Fundamental view: The EUR/USD pair reached 1.1949 this week, a fresh 2-month high, retaining most of its gains heading into the weekend. The dollar did not earn speculative interest. It was an intense week, even though the FX price action didn’t reflect it. Among other things, US President Donald Trump has agreed to begin a [...]
Fundamental view: The Euro went back and forth during the bulk of the week but ended up slightly positive. The pandemic fatigue has extended its claws into financial markets, as investors struggle to balance vaccine hopes and fresh restrictive measures in the northern hemisphere. A light macroeconomic calendar and no progress in other fundamental developments [...]
