XE Market Analysis: Euro Dips as Draghi Maintains a Cautious Outlook For Inflation

Comments are off

OVERVIEW

  • Investor sentiment improves as Trump signals tariffs are unlikely to be imposed on “real friends”. 
  • CAD boosted by easing of trade fears and housing data.
  • GBP weighed down by weak housing data and Brexit headlines.
  • German industrial orders slump in January on weaker foreign demand. 
  • Chinese exports surge at the fastest pace in three years in February on robust global demand.

HIGHLIGHT