Category Archives for Forex

Euro Is Riding a Wave of Confidence on Europe Pandemic Response

The euro’s best rally in more than two years looks set to extend, with a host of market metrics reflecting growing confidence in Europe’s pandemic response. The currency completed its biggest two-month advance against the…

Sterling Under Pressure as GDP Weakens

Sterling was under pressure in early European trade Tuesday, with the release of the final gross domestic production figure suggesting that the contraction in the first quarter was deeper than originally estimated. The U.K.’s GDP…