People are always looking for insight on what’s going on in the world. Investors spell out the economic news with a view to establishing a connection with price rises in the stock exchanges. Currency traders also present their own arguments, either for or against, in order to justify their predictio...
EUR/USD: unexpected turnaround
It's the ECB effect. The euro registered its longest uninterrupted rise against the US dollar for ten years last week. Since the start of the coronavirus crisis the single currency had been moving within a wide range between 1.07 and 1.12 with a pivot point at around 1.10. In the space of a few sess...
EUR/USD remains vulnerable
The world news in 2020 seems to be dominated by the COVID-19 pandemic. In its purest form, technical analysis focuses exclusively on price charts and the indicators derived from them. In the graph for the EUR/USD currency pair, the influence of the coronavirus and the measures taken to contain it se...
Under pressure, EUR/USD returns to March levels
In recent weeks, the euro has been almost unmoved in the face of poor statistics. The situation is changing now that an economic divergence is forming between the countries that withstood the coronavirus crisis best and those hit hardest by it.
Three questions to understand what’s happening on the forex market
Why did the EUR/USD increase last week? The euro strengthened substantially last week against the safe-haven currencies, essentially the US dollar and the Japanese yen. This appreciation followed several weeks of decline, and has not totally wiped out the losses that have been piling up since the ye...
Three questions to explain the recent turmoil in exchange rates
We examine the recent strong movements observed in the currency market, linked to the coronavirus crisis and the collapse in oil barrel prices.
