Thursday , 21 November 2024
Home Forex ECBs Stournaras: If Trump does what he says on tarriffs, it will be negative for Europe.
Forex

ECBs Stournaras: If Trump does what he says on tarriffs, it will be negative for Europe.

The ECB Stournaras is on the wires saying:

  • If Trump does what he says on tariffs, it will have a negative impact on European economy.

The EURUSD has corrected higher in trading today, and in the process moved up to a high price of 1.0824. That got within about 8 pips of its near converged 100 and 200-hour moving averages (blue and green lines) which currently come in at 1.08316.

This article was written by Greg Michalowski at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USDJPY bounces off 100 bar MA on the 4-hour chart. Can the buyers keep the momentum?

The USD/JPY pair moved lower during the morning U.S. session but found...

More from Goolsbee: Feels like we are heading to 2% inflation

Feel like we're headed to 2% inflation.Neutral is a long way below...

USDCHF moves above converged 100 and 200 hour MAs and rockets higher

Earlier today, I posted:USDCHF: The USDCHF held resistance at the 100-hour moving...

Matt Gaetz withdraws name for Attorney General nomination

This article was written by Greg Michalowski at www.forexlive.com.