Forex
globalreutersNovember 11, 20241 Mins read
EUR/USD: Path of least resistance may be skewed to the downside – OCBC
globalreutersNovember 11, 20241 Mins read The Euro EUR continued to trade near recent lows, weighed by fresh concerns of political uncertainty in Germany (Chancellor Scholz dismissed Finance Minister and called for confidence vote on 15 Jan) and ongoing concerns of Trump win on European security and exports to US (due to potential tariffs).
Related Articles
Gold shows some life falling to the lowest since September
The gold market was pricing for uncertainty into the US election but...
ECB’s Schnabel: Asset purchases are more powerful for stabilizing markets than econ
Warns against relying on stable macroeconomic relationshipsInflation risks have shifted from downside...
Bank of England’s Bailey: The UK must preserve free trade
Urges UK not to counter protectionism with tariffsWe must welcome opportunity to...
Trump trades are cooling off today
The sugar-high from the Trump election is wearing off in a few...
Leave a comment