COVID-19 Drives Demand for the US Dollar, with Very Little Else to Distract the Markets
From fxempire.com
It’s a particularly quiet day ahead on the economic calendar. There are no material stats due out of the Eurozone to provide the EUR with direction. A lack of stats leaves the EUR in the hands of market risk appetite on the day. With the ECB in action next week, COVID-19 and geopolitics will be key drivers early on in the day. At the time of writing, the EUR was down by 0.06% to $1.1278. For the Pound It’s also a particularly quiet day ahead on the economic calendar. There are no material stats due to provide the Pound with direction. A lack of stats leaves the Pound in the hands of Brexit and market risk sentiment. ...
(full story)