fxstreet.com 03 Feb, 2021 04:00 am

Dollar gains as euro and sterling continues to fall

Dollar gains as euro and sterling continues to fall
Dollar gains as euro and sterling continues to fall The greenback extended its recent ascent and ended higher again ...

Data to be released on Wednesday : Australia AIG construction index, building permits, New Zealand unemployment rate, employment change, labour cost index, Japan Jibun Bank services PMI, China Caixin services PMI, Italy Markit services PMI, CPI, CPI (EU norm), France Markit services PMI, Germany Markit services PMI, EU Markit services PMI, HICP, core HICP, producer price index, UK Markit services PMI, and U.MBA mortgage applications, labor costs, productivity, ADP employment change, Markit services PMI, ISM non-manufacturing PMI.The single currency fell on concern that extended lockdowns in the euro zone will dampen economic growth in the region.2011 in New York on concerns over extended lockdowns in the euro zone together with usd's broad-based strength and then bounced to 1.

4% annual contraction after a sharp rebound in the July-September period when the euro zone eased restrictions on travel and leisure after a first wave of COVID-19 cases.Reuters reported the European Union's statistics office Eurostat said that according to its preliminary flash estimate, gross domestic product in the 19 countries sharing the euro fell by 0.

Read full story at fxstreet.com