With financial markets becoming increasingly intertwined, traders and investors around the world rely heavily on the information that is presented to them through Forex news. Every day, up-to-date and accurate news is necessary for engaging in successful long-term currency trading strategies. This article will explore the most important headlines and recent developments in today’s Forex news. 15 August 2018, The up and down of the Euro is cause for concern in the Economies of Europe. The Euro has been on an up and down roller coaster ride in recent weeks and this is causing uncertainty amongst European investors, traders, and businesses.
The Euro has been affected by a combination of trade tensions between the US and EU, concerns about the Italian economy, worries about the stability of the Turkish lira, as well as political unrest in Spain. These factors have caused the Euro to remain volatile in the markets and investors are concerned about the potential downside.
At the same time, the European Central Bank is still keeping the Euro low in an effort to defeat deflation and keep inflation low. Despite its low rate, this could still be affecting the Euro.
In the long run, investors are hoping that the Euro will stabilize and that it will eventually start to rise. In the short-term, traders should be cautious when making trades involving the Euro. As always, it is best to have a well-rounded portfolio that includes other currencies, stocks, and bonds to mitigate potential risks.
