Euro remains the weakest one for the week as selloff deepens. It seems that markets believe the coronavirus outbreak in China would hurt Eurozone’s economy more, in particular the export led German economy. Optimism of recovery this year is dented. Swiss Franc is somewhat dragged down by the common currency and is trading as second […]

The post Euro Selloff Deepens on Growth Concern, No Sign of Bottoming Yet appeared first on Action Forex.

Continue Reading

Previous: Risk Off Again as China Reports Confusingly Large Wuhan Coronavirus Cases, Sterling Jumps on Cabinet Shuffle
Next: Dollar Mixed after Shrugging Off Retail Sales, Euro Trying to Recover

Related Stories

shutterstock_1175858854 Sentiment Turns Risk-On as Fed Talks Down 50bps Hike, Dollar Staying Soft 1 min read
  • Market & Economy

Sentiment Turns Risk-On as Fed Talks Down 50bps Hike, Dollar Staying Soft

Jonathan Gonzalez 1 year ago
accounting-analytics-balance-209224 Dollar Drops Broadly on Positive Market Sentiment, Reversing? 1 min read
  • Market & Economy

Dollar Drops Broadly on Positive Market Sentiment, Reversing?

Jonathan Gonzalez 1 year ago
shutterstock_1293389239 Aussie Dips Mildly on Cautious RBA, Dollar Paring Gains 1 min read
  • Market & Economy

Aussie Dips Mildly on Cautious RBA, Dollar Paring Gains

Jonathan Gonzalez 1 year ago
A hospital bill for $36,000 with a line item of various charges is photographed with a very shallow depth of field. A credit card and a ballpoint pen rest out of focus in the background. Euro Rebounds as German Benchmark Yield Turns Positive, Aussie Firmer ahead of RBA 1 min read
  • Market & Economy

Euro Rebounds as German Benchmark Yield Turns Positive, Aussie Firmer ahead of RBA

Jonathan Gonzalez 1 year ago
Money-stethoscope-healthcare-billing-960x540 RBA, BoE and ECB to Meet; US ISMs and NFP Featured This Week 1 min read
  • Market & Economy

RBA, BoE and ECB to Meet; US ISMs and NFP Featured This Week

Jonathan Gonzalez 1 year ago
shutterstock_1293389239 Dollar Skyrockets on Hawkish Fed, Sterling Trailing Behind 1 min read
  • Market & Economy

Dollar Skyrockets on Hawkish Fed, Sterling Trailing Behind

Jonathan Gonzalez 1 year ago
  • Contact Us
  • About Us
  • Privacy Policy
  • Terms and Conditions
Menu
  • Contact Us
  • About Us
  • Privacy Policy
  • Terms and Conditions