Forex News

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Inflation, inflation, inflation": Euro jumped after the statements of the head of the ECB

The Eurozone downturn intensifies!

The economic downturn in the eurozone intensified in January as renewed restrictions aimed at curbing the coronavirus’s spread hit the bloc’s dominant services sector hard. Coronavirus cases are on the rise again, and governments across the continent have resumed harsh isolation measures, stifling public life and forcing hospitality and entertainment establishments to close their doors.

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US Dollar Stabilizes as Focus Shifts to Thanksgiving, Data Releases

Dollar bears start weakening!

The U.S. Dollar moved near a seven-week high on Tuesday, capitalizing on a sell-off in the Euro. The day before, the single currency fell after bans imposed to fight the coronavirus reduced consumer spending in Germany. The squeezing of short positions on the U.S. Dollar also played a role since their number was too large.

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Dollar and Gold uproar as corona virus rages again

Dollar and Gold uproar as corona virus rages again

COVID-19 numbers increase with the distressing rate in South America, and this pandemic situation is making the market’s mood sour. Other currencies are falling, but in contrast, the Dollar and gold have outstanding performance. A three-layered statement of US economic statistics and coronavirus data are compared. US coronavirus: The coronavirus is spreading to more states

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