EUR/USD Holds Above 1.13 Level as Economic Recovery in Spotlight
EUR/USD continues to trade strong after having risen past the 1.13 level in the previous session over optimism about economic recovery in Full Article
EUR/USD Bullish After ECB Expands its Emergency Bond Purchase Program
EUR/USD continues to trade strong, supported by the ECB's decision to expand its PEPP stimulus program by an additional 600 billion euros Full Article
EUR/USD Steady After Gaining Over Hopes for More Stimulus by the ECB
The euro continues to hold steady at the highest level seen in several months against the US dollar early on Thursday over hopes that the Full Article
Over One Third of FDI Projects Impacted Across Europe Due to Coronavirus
Over one third of FDI projects announced for Europe in 2019 have been delayed or even cancelled in the wake of the ongoing coronavirus Full Article
EUR/USD Trades Steady as Policymakers Discuss Recovery Fund
The euro continues to trade steady against the US dollar, supported by an increase in the risk appetite in global financial markets as Full Article
EUR/USD Dips From Three-Week High Even as Market Sentiment Improves
The euro eases its rally against the US dollar into early trading on Thursday, supported by the improvement in the overall market sentiment Full Article
EUR/USD Gains as Markets Buoyed by Reports About Recovery Fund
EUR/USD is trading strong, holding on to its recent gains in hopes for the creation of a recovery fund pitched by France and Germany earlier Full Article
Eurozone’s Economy to Experience Worst Recession on Record in 2020
Economists polled by Reuters expect the ECB to accelerate its bond purchase programs as soon as by next month as the Eurozone heads for Full Article
EBRD Downgrades Economic Outlook for 37 Countries Across Europe, Asia and Africa
The European Bank for Reconstruction and Development (EBRD) has forecast a severe contraction in economies of 37 countries across Europe Full Article
EUR/USD Weak Over Uncertainty About ECB’s Stimulus Measures
EUR/USD trading weaker over rising worries about the progress of economic recovery in the Eurozone after a court challenged Germany's Full Article
EUR/USD Weak Over Disappointing Economic Data Releases, Stronger US Dollar
EUR/USD trades under pressure, continuing weakness from the previous session following the release of disappointing PMI data which indicated Full Article
EU Concerned About Exporters Cutting Steel Prices Amid Lockdowns
EU's trade chief has cautioned against the possibility of a supply glut in steel within the region amid the ongoing shutdowns due to .. Full Article
Unemployment Across Eurozone Set to Soar in 2020: McKinsey
Recent estimates by McKinsey predict that unemployment in Europe could surge to nearly double in the near future as a result of the shutdown Full Article
EU Finance Ministers Agree on New Rescue Package
Finance ministers across the Eurozone finally came to an agreement on financial aid worth 0.5 trillion euros to combat the economic impact Full Article
Germany’s Economy to Contract But Could See Strong Recovery in 2021
According to the latest report by the Ifo Institute, the German economy is expected to experience the worst ever quarterly performance on.. Full Article
