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Eur fell against major currencies as European stocks closed

2019-06-19 04:17 pm | Resource: NEWS | No Views : 85

 Eur fell against major currencies as European stocks closed

Stocks closed in mixed European markets on Wednesday ahead of the Federal Reserve's interest rate decision. While policymakers are expected to keep rates, investors will look for signals from President Jerome Powell about a possible future rate cut. Meanwhile, in Britain, the third round of voting will take place in the Conservative Party leadership contest later in the day.

Corbin calls for a public vote on Britain's exit package from the European Union

On the European-UK level, UK Labor leader Jeremy Corbin called Wednesday for any UK exit package from the European Union to be put to public vote.

The opposition leader at the shadow cabinet meeting said the referendum should provide "real options" for those who want to leave the EU and those who want to stay within the bloc.

Corbin went on to say that "the risk of a UK exit from the EU that does not deal will sink into the worst excesses of disaster capitalism and destroy our economy against the backdrop of imaginary fantasy trade deals or worse than real and highly destructive business deals with Donald Trump, National health] for US companies. "

European shares closed
  • The DAX index ended today by 0.19% in the red zone where Vonovia led losses.
  • In Paris, the CAC 40 index rose 0.13% with Valeo rising 3.49%.
  • The FTSE 100 index shed 0.53%; the third highest was the Ocado Group share which slumped 5.64%, followed by Rio Tinto by 4.50%.

EUR trades against major currencies
  • The greenback was trading at 121.54 against the yen.
  • EURCHF dropped to 1.1169, shedding 0.27%.
  • The euro fell against the British pound to 0.8888, the pair retreated 0.36%.
  • The euro fell to 1.1214 against the dollar at around 15:02 CET.


Other analysis

Best Opportunities, Vision and Technical Analysis for the USD/JPY pair 17 April 2019

We offer you the analysis of the US dollar against the Japanese Yen on Wednesday, April 17, 2019 with the most important expectations for the dollar against the Japanese yen on the market. Time frame Used - four hours The USD/JPY is moving in a bullish direction in the near term. USD/JPY is still facing resistance and selling pressure around 112.10 as the USD-JPY closed yesterday's session down below 112.00…

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