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Article by Sushrut Sarkar

On Tuesday, Oct 13, 2020

News in 90 seconds

See the headlines of the financial world and evaluate your investments in the light of the economic developments on October 13, 2020.
 
 
 

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EUR/USD

EUR/USD

The ECB said on Thursday it was increasing the overall size of its Pandemic Emergency Purchase Programme (PEPP) by 500 billion euros to 1.85 trillion euros. It extended the scheme by nine months to March 2022. Whilst on Friday, ECB policymaker Francois Villeroy de...

GBP/USD

GBP/USD

Talks between U.K. Prime Minister Boris Johnson and European Commission President Ursula von der Leyen late Wednesday ended without a breakthrough as there remains differences over fisheries. They have until Sunday to reach an agreement, otherwise there is potentially...

Sweden Riksbank expands asset purchase

Sweden Riksbank expands asset purchase

The Riksbank was more aggressive on its asset buying program than expected. So, an immediate weakness was seen on the Swedish Krona. By far the best performing currency against USD year to date in all G10, USDSEK pair is still trading below the May’18 lows. It plans...