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EURUSD: Fundamentals present downside risk

European stock markets have moved broadly higher overlooking the February composite PMI readings for the Eurozone and the UK which  looked robust. However, the...

A muted response on data

Euro ignores the Eurozone Q4 GDP slowdown to 0.1% as coronavirus monopolize the attention. The outcome was in line with forecasts but a tad...

Lagarde – “leave no stone unturned”

As expected, the ECB kept policy on hold yesterday, while confirming that the strategic policy review is now formally launched. Lagarde kept the option...

Aussie and Kiwi hold gains ahead of NFP

The fears of an immediate outright war in the Mideast continue to fade after US President Trump said the phase one trade deal with...

Heavy EURO

A torrent of month-end data releases have been coming in, most notable of which has been warmer than expected inflation data in flash estimates...

Euro & Europe Briefing

In the Eurozone, confidence data over the past week showed some signs of stabilisation, the latest being today's November ESI survey, in the manufacturing...

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