Economic activity in the Eurozone collapsed in March, as the coronavirus pandemic, is causing worldwide chaos, with shops and offices rolling down.
The national lockdown of three weeks will significantly curb India’s GDP growth, will make the economy worse than the 2008 global financial crisis.
After strong bearish pressure from 1.3200, GBPUSD has become very volatile. Currently, GBPUSD is facing a bullish pressure from 1.2900 support level.
Here is the EURUSD Fundamental Analysis of 21 November, 2019. The ECB minutes are possible to show growing opposition to the latest stimulus package.
EURUSD rises to weekly highs near 1.1770, ahead of crucial Eurozone data. EURUSD benefited from FOMC-led broad USD weakness and trade concerns.
Fundamental Analysis closely examines socio-political factors and economic data involved with the current market movement to predict future price movements.
Chinese economic data for the second quarter of the year are showing stumped growth for Chinese Economy in Q2.
For the first time in two years, Japan Q1 GDP Shrank to 0.6% as seen in the data released overnight, with GDP contracting 0.6% q/q (annualised). What should we expect? Will the Growth rebound?