The sky’s the limit as the euro heads for 1.17 over the summer period

27 July 2020

It was another crazy week for the single currency, which ended in the black week on week against its main rivals. The largest gain — around 1.58% — was made against the US dollar, while the month-on-month increase reached as high as 3%.

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Crazy week for the euro

21 July 2020

The European single currency experienced a strong surge against its major counterparts last week, fuelled by the stock markets’ impressive performance. This may be explained, on the one hand, by a decrease in risk aversion, as well as traders’ positive perception of economic dynamics in the eurozone...

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Comeback Kid in forex country

20 July 2020

Emerging countries are suffering disproportionately from the Covid-19 pandemic. This is reflected by huge drops in the Russian rouble and the Mexican peso, among others. The question remains, which currency will take off once again in the second half of this year?

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EUR/GBP: heading for 0.92 this summer

15 July 2020

The EUR/GBP pair is trading in the black. Up 0.37% this month, with a three-month rise of nearly 3%, not to mention a leap of almost 6% since the beginning of the year. The euro’s rise can be explained more by the floundering pound due to Brexit-related uncertainties than by any long-term return of ...

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Who's got their finger on the pulse? The stock markets or the forex world?

15 July 2020

Stock market prices have been creeping upwards in recent weeks, but in the forex world, traders are seeking refuge in safe haven currencies. Although the stock markets are anticipating positive developments, we won’t know who’s right until a few months from now.

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Severe blow for the pound sterling

8 July 2020

The pound sterling fell by about 10% against the euro from mid-February onwards. That speaks volumes about the forex world’s concerns about the potential failure of Brexit negotiations. However, there are several reasons to remain somewhat optimistic, all things considered.

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