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2020/02/27 / Erste Group Research

Forex News | Coronavirus breakout determines markets

Overall, the euro has suffered from the outbreak of the coronavirus. The exchange rate has fallen against the dollar and the Swiss franc for weeks. However, with the stronger spread of the virus in Europe, the euro was recently able to gain some ground again. One reason for this was rising market expectations of US interest rate cuts.

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General information

AuthorErste Group Research
Product nameForex News
Topic in focusFX, Macro/ Fixed income
Economy in focusEurozone, Japan, Switzerland, United States
Currency in focusEuro, Swiss Franc, US Dollar
Sector in focus-


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