EUR/USD has been rising amid hope for turning a corner in the old continent’s battle with coronavirus. Additional disease headlines, fiscal stimulus, and coronabonds are eyed, FXStreet’s analyst Yohay Elam briefs. Key quotes “Stock markets are on the rise around the world and the safe-haven US dollar is on the back foot. Markets are also encouraged by signs of a slowdown in new cases in New York and by talk of another US fiscal stimulus package.” “The common currency’s advance is somewhat limited by ongoing disagreements over ‘coronabonds.’ Germany and several other countries continue refusing to mutualize the debt in order to support the worst-hit countries.” “The Eurogroup meet today and will try to hammer out a deal. German Chancellor Angela Merkel said that this is the EU’s most difficult moment and the longer countries remain at loggerheads, the more the euro could suffer.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next There is no consensus between Russia and Saudi Arabia now – RIA FX Street 2 years EUR/USD has been rising amid hope for turning a corner in the old continent's battle with coronavirus. Additional disease headlines, fiscal stimulus, and coronabonds are eyed, FXStreet’s analyst Yohay Elam briefs. Key quotes “Stock markets are on the rise around the world and the safe-haven US dollar is on the back foot. Markets are also encouraged by signs of a slowdown in new cases in New York and by talk of another US fiscal stimulus package.” “The common currency's advance is somewhat limited by ongoing disagreements over ‘coronabonds.’ Germany and several other countries continue refusing to mutualize the debt in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
