EURUSD: Evolution and movement trend of EUR
The euro lost value compared to the USD today as the dollar had a significant increase. Germany released some disappointing data. Following the RBA's announcement that this would be the final increase in interest rates, the value of the Australian dollar plummeted dramatically.
Germany's industrial production weakened last month, according to data, which had an indirect negative impact on the euro.
Jerome Powell, the chairman of the Fed, will talk on Wednesday and Thursday. Following the Fed policy meeting last week, the markets will now be watching to see if he sticks to his more accommodating position.
The euro lost value compared to the USD today as the dollar had a significant increase. Germany released some disappointing data. Following the RBA's announcement that this would be the final increase in interest rates, the value of the Australian dollar plummeted dramatically.
Germany's industrial production weakened last month, according to data, which had an indirect negative impact on the euro.
Jerome Powell, the chairman of the Fed, will talk on Wednesday and Thursday. Following the Fed policy meeting last week, the markets will now be watching to see if he sticks to his more accommodating position.
Germany's industrial production weakened last month, according to data, which had an indirect negative impact on the euro.
Jerome Powell, the chairman of the Fed, will talk on Wednesday and Thursday. Following the Fed policy meeting last week, the markets will now be watching to see if he sticks to his more accommodating position.
The euro lost value compared to the USD today as the dollar had a significant increase. Germany released some disappointing data. Following the RBA's announcement that this would be the final increase in interest rates, the value of the Australian dollar plummeted dramatically.
Germany's industrial production weakened last month, according to data, which had an indirect negative impact on the euro.
Jerome Powell, the chairman of the Fed, will talk on Wednesday and Thursday. Following the Fed policy meeting last week, the markets will now be watching to see if he sticks to his more accommodating position.
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