Euro Propped Up By Central Bank Coordination, Outlook Remain Bearish

Investor sentiment picked up ahead of the North American trade as the People’s Bank of China lowered its reserve ratio by 50bp, and the rise in risk appetite may gather pace over the next 24-hours of trading as the major central banks step up their efforts to shore up the global economy.

Add a Comment

Social Widgets powered by AB-WebLog.com.

Kudret Ayyıldır

Featuring Recent Posts WordPress Widget development by YD

Önceki yazıyı okuyun:
Euro Decouples from Recent Correlations, Lags Majors as U.S. Dollar Slides

Higher yielding currencies rallied across the board but oddly enough risk-correlated assets, in particular European equity markets and the Euro,...

Kapat