Here is what you need to know on Tuesday, February 18th: Slow start to the week amid a scarce macroeconomic calendar and a holiday in the US. The coronavirus outbreak continues to be the main risk factor, although there was no escalation in concerns that could trigger demand for safe-haven assets. The EUR/USD pair held at the lower end of its latest range, pressuring the yearly low at 1.0826. The German Bundesbank said in its monthly report that there are no signs the currency situation is set to change in the first quarter of the year, while coronavirus’ uncertainty adds a new layer of risk. The GBP/USD broke below 1.3000 at the end of the day, although limited volumes resulted in no follow-through. Concerns about the future relationship with the EU weighed as well as uncertainty surrounding the budget, due to be delivered by March 11. Japanese economy contracted by more than anticipated in Q4, JPY under pressure, although coronavirus concerns limited its decline. China added monetary stimulus, helping Asian and European equities to remain afloat. Gains were modest amid persistent coronavirus concerns. Crypto Today: Bitcoin weekly closure is worrying 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 Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. FXStreet News share Read Next Bitcoin Price Analysis: A move back below 10K is not the end of the world FX Street 2 years Here is what you need to know on Tuesday, February 18th: Slow start to the week amid a scarce macroeconomic calendar and a holiday in the US. The coronavirus outbreak continues to be the main risk factor, although there was no escalation in concerns that could trigger demand for safe-haven assets. The EUR/USD pair held at the lower end of its latest range, pressuring the yearly low at 1.0826. The German Bundesbank said in its monthly report that there are no signs the currency situation is set to change in the first quarter of the year, while coronavirus’ uncertainty adds… Top 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.
