Browsing Tag

EURAUD

The Week Ahead: No Bidding

USDCHF Weakens Over Blue Presidency The US dollar may not have seen the end of the bearish tunnel yet. The prospect of Democrat Biden winning the US presidency had already prompted fresh selling of the dollar. Expectations of a…

The Week Ahead: The Limbo

EURAUD Under Pressure for Lack of Positive Catalyst While the euro has been hammered by bitter dissension lately between members in regards to the rescue package, there could be light at the end of the tunnel. As countries started to…

The Week Ahead: The Commitment

EURAUD Sinks as Rescue Drags On The euro is under pressure as Europe’s unity is again in question. While most major central banks opened their balance sheets to revive their economies, the clash between Germany’s constitutional court…

The Week Ahead: Herd Immunity

EURAUD Struggles to Keep High Ground The euro is facing strong headwinds as the block struggles to come up with a concerted rescue plan. Calls for joint bonds to finance coronavirus-related policies have met resistance from Berlin, which…