Euro undermined by record slump in Eurozone GDP
The euro was on the defensive yesterday as the Eurozone’s latest GDP figures confirmed growth in the bloc took a heavy hit in the first quarter.
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The euro was on the defensive yesterday as the Eurozone’s latest GDP figures confirmed growth in the bloc took a heavy hit in the first quarter.
The latest signs of slowdown in the Eurozone economy limited the appeal of the euro ahead of the weekend even as a number of countries moved towards e
The US dollar rallied on Monday as a collapse in US oil prices rocked markets and saw investors favour safe-haven assets.
The decline of the US labour market continued apace with 5.2 million more jobless claims logged in the last week, although this failed to dent the US
The US dollar roared back to life yesterday as a souring market mood saw investors clamouring for the safe-haven currency.
The US dollar struggled against the majority of its rivals on Monday as the coronavirus death toll in Europe began to slow, boosting risk sentiment. T
While the US labour market continued to demonstrate signs of a major loosening in the course of the last month this failed to drive any major US dolla
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