Both the economic sentiment and employment expectations in the Euro area and EU fell in January 2021, according to the European Commission press release. Economic Sentiment Indicator (ESI) fell by 0.9 points to 91.5 in the euro area in January 2021. The Economic Sentiment Indicator edged lower by 0.6 points to 91.2 in the European Union.The Employment Expectations … [Read more...] about Euro Area and the EU Record Decline in Economic Sentiment and Employment Expectations
EUR/GBP: Drastic Green Bonds Purchases May Disadvantage the Euro
The ECB is set on divesting from fossil fuel resources.Green bond purchases by European banks reached €20 billion in 2021.London-based banks have to increase their investment in Europe to continue operations. The euro fell 4.37% against the British pound from its 4-month high of 0.9255. The pair traded at a low 0.8851 on January 27, 2021, amid the news that the European … [Read more...] about EUR/GBP: Drastic Green Bonds Purchases May Disadvantage the Euro
Waw Forex Signals Review
Waw Forex Signals is a signal provider that claims to deliver 400-1500 pips every month and high-quality signals each week. With the help of the best technical and fundamental analysts, it promises to enhance your profits in the Forex market. But, the thing is there are several signal provider services available on the market today and a Forex trader needs to assess … [Read more...] about Waw Forex Signals Review
Bond Spreads As An Indicator For Currency Movements
On July 4, 2019, Reuters ran the following headline, “Sliding government bond yields keep dollar and euro under pressure.” A few paragraphs under the headline, the publication explained that increasing bond prices were pressuring the world’s most valuable currencies toward lower prices. If you were keen enough while reading the above paragraph, you must have noticed some … [Read more...] about Bond Spreads As An Indicator For Currency Movements
Consumer Confidence Tops Expectations to Rise 2.2% in January-The Conference Board
U.S consumer confidence index rose to 89.3 in January, up from December’s 87.1, and above expected 89, according to the Conference Board press release. The increase was fueled by optimism about the outlook of the economy and job market in light of fiscal aid and coronavirus vaccines distribution. The gauge of expectations rose to a three-month high of 92.5, while a … [Read more...] about Consumer Confidence Tops Expectations to Rise 2.2% in January-The Conference Board
