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EURO spikes on hopes for extra ECB stimulus

The EUR has lifted on EU recovery fund news, with the European Commission reportedly outlining a compromise proposal that aims to satisfy both the...

Debt Mutualisation? Nope according to “Frugal Four”

With European countries accelerating the easing of virus restrictions, the focus turned to recovery programs and German-French proposals for an EU recovery fund last...

Ahead of ECB

After BoJ and FED, the next key policy meeting of the week is the ECB tomorrow. However, let’s make a small recap where Europe...

Europe and EUR update

Sentiment collapsed further in the European session on the news that EU finance ministers failed to reach a deal and also on the announcement...

EURUSD: Fundamentals present downside risk

European stock markets have moved broadly higher overlooking the February composite PMI readings for the Eurozone and the UK which  looked robust. However, the...

A muted response on data

Euro ignores the Eurozone Q4 GDP slowdown to 0.1% as coronavirus monopolize the attention. The outcome was in line with forecasts but a tad...

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