Trading news

Expert's opinion from FXFinPro

Data for the euro area trade balance has improved

Positive data on the Eurozone’s trade balance surplus supported the euro, which has increased due to lower oil prices and a fall on the stock markets. Thus, the figure totaled 22.7 billion euros in November against 19.8 billion euros in October. Exports rose by 1.6% and imports decreased by 0.1%. It is worth noting that the weak euro, low prices for oil and other commodities will support the euro in the medium term, but the expected strengthening of the US dollar and the program of quantitative easing, according to our estimates will lead to a further decrease in quotations of the European currency to 1.0500 and 1.0000.

More detailed analytics you can see at our site https://fxfinpro.com/en/analytics

 

Friday, 15 Jan, 2016 / 3:03

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news

 

Australia Inflation: Did RBA “Tighten” Too Soon?

At their last meeting, the RBA declined to extend the yield curve control [...]

Posted on Monday, 26 Jul, 2021 / 1:00 under

EURUSD Testing Significant Support

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex   This week’s key [...]

Posted on Monday, 26 Jul, 2021 / 12:54 under

US equities shine ahead of Fed but caution prevails elsewhere

  Wall Street rallies on strong earnings even as US Covid [...]

Posted on Monday, 26 Jul, 2021 / 9:34 under