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21 Feb 2020

German FinMin: Coronavirus poses risk for German trade in coming months

On Friday, the German Finance Ministry, in its monthly report, raised concerns over the German trade outlook, in light of weaker global demand and the coronavirus epidemic, per Reuters.

Key quotes:

Weak demand from abroad as a reason for the muted trade outlook.

Possible economic effects of the coronavirus also pose a risk to foreign trade developments in the coming months.

  • EUR/USD Price Analysis: Bull divergence of RSI seen on 4H chart
Feb 21, 2020

Gold Price Analysis: Lower high, overbought RSI check buyers inside short-term rising channel

Gold prices stay mildly positive around $1,621 during early Friday. The yellow metal has been flashing a lower high formation since its pullback from
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Feb 21, 2020

Societe Generale SA lowers 2020 Euro outlook - Bloomberg

Societe Generale SA has lowered expectations for euro strength, revising its year-end forecast for EUR/USD down to 1.16 from the previous prediction o
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