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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThere was probably an intervention by the ECB (sale of Euro, purchase of $) on the FOREX around 16:30 this Monday while the Euro had just pierced the 1.2000 against the note.
There was probably an intervention by the ECB (sale of Euro, purchase of $) on the FOREX around 16:30 on Monday when the Euro had just pierced the 1.2000 against the greenback.
The 'pullback' of the Euro is brutal since it went from 1.2004 to 1.1945, i.e. from +0.3% to -0.15%.
The Dollar recorded a rebound against several currencies tonight with +0.25% against the Yen and the Swiss Franc at 104.35 and 0.9060 respectively.
The Pound, on the other hand, does not give up anything and still shows +0.3% at 1.3350.
On the macroeconomic side, almost nothing to report, except the Chicago PMI which contracts towards 58.2 against 61.1 in October (the consensus expected 59).
In the coming days, attention will be focused on the US manufacturing ISM, scheduled for tomorrow, on the latest German indicators, expected in the middle of the week, and especially on the still very closely followed report on employment in the United States, which will be published on Friday.
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