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2020/08/20 / Erste Group Research

Forex News | Uncertainty on the rise

A temporary solution to the issue of increased unemployment benefits in the US and the spread of COVID-19 may explain why the dollar did not continue to weaken.

The Japanese yen weakened by around 4% against the euro since the beginning of July, in line with a brightening of global economic data.

Recovering economic data from the Eurozone triggered a weakening of the Swis franc against the euro to a level of around EURCHF 1.08.

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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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