The uncertainty in the German political arena still remains to be resolved, despite the positive statements from ECB officials recently, but continues to exert pressure on euro assets. In addition, concerns about the financial policies of economically troubled countries such as Italy and Spain are among the factors that create unease on the market side. On the US side, President Donald Trump-axis events, including developments in trade wars especially with China and the EU, have a wide repercuss…
kahinistanbul's Blog
EURusd overview
Comments from European Central Bank(ECB) officials continue to be effective on the pair side. Finally, the President of the Central Bank of Lithuania's speech that quantitative monetary expansion should not continue after December has led to upward attacks on the currency side despite recent political uncertainties in Germany. On the US side, the new home sales data we have followed yesterday is above expectations, while developments in trade wars are closely monitored. The latest US President D…