Forex Market News FX charts. : EUR/USD is down 0.2%, 4/6

Monday, April 6, 2020

EUR/USD is down 0.2%, 4/6

EU leaders are unlikely to agree an effective coronavirus rescue package that would lead to a recovery of the euro, Evercore ISI says. "Insufficient support means Italy and other weaker member states will not be able to scale up their fiscal policy response aggressively enough to contain supply side damage that threatens long term debt sustainability and political support for the euro/EU," Evercore analysts say. EU finance ministers will on Tuesday attempt to break the deadlock over how to support weaker member states facing an economic hit from coronavirus. EUR/USD is down 0.2% at 1.0795. The Forexmentor Live! interactive training in trading Forex includes unlimited access to the live trading classroom, detailed tutorial videos used in trading client accounts, a step-by-step guide to the LPT Method, technical analysis, detailed presentations throughout the day, live Trade Alerts, access to Professional Fund Managers, access to live news feeds in real time and so much more.

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