Europe’s Economy Risks New Contraction From Virus Curbs

October 23, 2020 at 09:18AM

Europe’s Economy Risks New Contraction From Virus Curbs

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Author: Bloomberg | Post link: https://www.investing.com/news/forex-news/europes-economy-risks-new-contraction-fromvirus-curbs-2331514
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The GBP/USD pair hovers around familiar levels, yet it has dropped below the 1.3400 mark on Friday after Retail Sales in the UK missed estimates and Federal Reserve (Fed) speakers crossed the wires. At the time of writing, the pair trades at around 1.3370, virtually unchanged.

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CAD softens as broad USD strength caps upside – Scotiabank 19 December 2025

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USD ends week firmer – Scotiabank 19 December 2025

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Eurozone Consumer Confidence below forecasts (-14) in December: Actual (-14.6)

United States UoM 1-year Consumer Inflation Expectations came in at 4.2%, above forecasts (4.1%) in December 19 December 2025

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United States Michigan Consumer Expectations Index registered at 54.6, below expectations (55) in December

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United States UoM 5-year Consumer Inflation Expectation in line with forecasts (3.2%) in December

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United States Existing Home Sales (MoM) below forecasts (4.2M) in November: Actual (4.13M)

United States Existing Home Sales Change (MoM) dipped from previous 1.2% to 0.5% in November 19 December 2025

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Japan Finance Minister Satsuki Katayama spoke at an online meeting with other G7 finance ministers, where he claimed that most of the G7 finance ministers discussed support for Ukraine and that she will take appropriate action against excessive moves from the Bank of Japan (BoJ) on Friday.

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The Euro (EUR) rebounds against the British Pound (GBP) on Friday, as investors reassess the monetary policy outlooks of both the Bank of England (BoE) and the European Central Bank (ECB) following their interest rate decisions on Thursday.

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October 23, 2020 at 09:18AM

Europe’s Economy Risks New Contraction From Virus Curbs

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