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European Equities: A Quiet Day Ahead Leaves Geopolitics and COVID-19 in Focus

It was a bullish end to the week for the European majors on Friday. Following on from a relatively bullish day on Thursday, the DAX30 rallied by 1.34%, to lead the way. The CAC40 and the EuroStoxx600 saw more modest gains of 0.85% and 0.90% respectively. Positive stats from China and the U.S provided support for the European majors at the end of the week. Corporate earnings delivered further upside for German autos and the DAX30. At the end of the week, Daimler released prelim Q12021 results. Favorable sales momentum at Mercedes driven by strong demand, from China in particular, delivered better than expected results.

MLO Jobs; Sales, Jumbo, Purchase Products; Events and Training in the Next Few Weeks

MLO Jobs; Sales, Jumbo, Purchase Products; Events and Training in the Next Few Weeks
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EUR/USD Forecast: Bulls may challenge the 1 2000 threshold

4/18/2021 1:49:24 PM GMT EUR/USD Current Price: 1.1984 European macroeconomic data indicated a slow path to economic recovery. Risk appetite played against the greenback, Wall Street reached records. EUR/USD is technically bullish but still unable to take the 1.2000 threshold. The EUR/USD pair hit 1.1994 on Friday, its highest for the week, closing the latter with substantial gains in the 1.1980 price zone. The American currency weakened amid lower government bond yields, which anyway bounced modestly ahead of the weekly end. Meanwhile, US indexes continued to rally, with the DJIA and the S&P 500 reaching record highs, as solid US macroeconomic figures hint at a substantial economic comeback from the pandemic collapse.

GBP/USD recovers to 1 3760 amid steady USD and Brexit chaos

4/16/2021 5:47:36 AM GMT | By FXStreet Team GBP/USD is consolidating gains after five consecutive up days in the Asian session. A rebound in the US dollar from lower levels weighs on the pair. Brexit uncertainties and delayed supply of the COVID-19 vaccine in April act as limiting factors for the pair. The GBP/USD pair maintains a cautious tone in Friday’s Asian session. The pair reverses earlier losses after making intraday lows near the 1.3750 area. As of writing, the pair is trading at 1.3766%, down 0.16% on the day. The pair came under selling pressure following a rebound in the US dollar and the risk factor owing to the unresolved Brexit border issues along with a slower pace in the vaccination drive in April.

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