The EUR/AUD trades on a very bullish sentiment in the European session on Thursday, as the AUD continues to suffer several bouts of weakness. Meanwhile, the EUR is also under intense pressure amid several fundamental factors. The economic backlashes of the pandemic continue to ravage the euro, as the Eurozone is now under threat of […]
The price action surrounding the EUR/AUD continued on its back-and-forth sentiment on Thursday, as the global markets continue to experience a deficit of volatility or market-moving events. Meanwhile, the publication of ECB’s Accounts indicated that the recent appreciation of the exchange rate did not go unnoticed by members of the Governing Council. The Accounts reported […]
The EUR/AUD has traded through the week under some bearish pressure since it hit the key resistance at 1.6567 last week and was last spotted trading near the 1.6300 support on Thursday. The European Central Bank (ECB) announced recently that it was set to ‘tweak’ its major policy objectives, as it continues to battle the […]
The European stock markets fell sharply early on Thursday, as investors continue to scramble over fears that a second wave of the deadly Coronavirus in the coming winter in the northern hemisphere could derail an economic recovery. France has joined other European countries in intensifying its restrictions on social gatherings on Wednesday, as infections and […]
