Euro Pound Exchange Rate Down from Month Best on UK Resilience euroexchangeratenews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euroexchangeratenews.co.uk Daily Mail and Mail on Sunday newspapers.
EUR/USD Eyes 50-Day SMA as ECB Slows Pace of PEPP for Second Week 2021-04-08 19:00:00 David Song, Strategist
EUR/USD Rate Talking Points
EUR/USD climbs back above the 200-Day SMA (1.1883) as the European Central Bank (ECB) scales back the pace of the pandemic emergency purchase programme (PEPP) for the second consecutive week, with recent developments in the Relative Strength Index (RSI) indicating a further appreciation in the exchange rate as the oscillator breaks out of the downward trend from earlier this year. Advertisement
EUR/USD Eyes 50-Day SMA as ECB Slows Pace of PEPP for Second Week
EUR/USD trades back within the descending channel from earlier this year following the failed attempt to test the November low (1.1603), and the exchange rate appears to be on track to test the 50-Day SMA (1.1973) as the ECB’s consolidated financial statement shows the pace of the PEPP narrowing to
EUR/USD Recovery Emerges with RSI on Track to Threaten Downward Trend of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News 2021-04-06 14:00:00 David Song, Strategist
EUR/USD Rate Talking Points
EUR/USD attempts to retrace
Eurozone bond yields fell yesterday as investors weighed the impact of extended lockdowns and central bank support against data pointing to signs of economic recovery.
Falling government bond yields mean it can be cheaper for countries to borrow but when they fall it is often a sign investors are nervous about riskier borrowers.
France announced late on Wednesday it would widen lockdown measures to the entire country starting on Saturday, in the latest sign of the region’s struggles to keep the coronavirus pandemic in check.
That topped dovish messaging in European Central Bank (ECB) President Christine Lagarde’s Wednesday interview with Bloomberg News, where she said investors could test the bank’s willingness to rein in rising borrowing costs “as much as they want”.
EZB/Lagarde: Renditeanstieg vor 2 Halbjahr ist unerwünscht finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.