A weekly analysis of the EUR/USD, assessing the effects of trade tensions and economic factors on the US Dollar. Key levels and market insights included.

A weekly analysis of the EUR/USD, assessing the effects of trade tensions and economic factors on the US Dollar. Key levels and market insights included.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave the key interest rates unchanged

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave the key interest rates unchanged

EUR/USD extended its gains of more than 0.10% as the Greenback weakness in early Tuesday trading. After meandering at around the day’s lows of 1.0840

EUR/USD extended its gains of more than 0.10% as the Greenback weakness in early Tuesday trading. After meandering at around the day’s lows of 1.0840

The EUR/GBP currency pair remains indecisive in the short term, as the bulls and bears battle for control. The pair is currently trading at around 0.8560

The EUR/GBP currency pair remains indecisive in the short term, as the bulls and bears battle for control. The pair is currently trading at around 0.8560

EUR/USD rebounded from 1.0800 after the US Manufacturing PMI declined, sparking hopes for Fed rate cuts. The Euro (EUR) found support

EUR/USD rebounded from 1.0800 after the US Manufacturing PMI declined, sparking hopes for Fed rate cuts. The Euro (EUR) found support

ILO unemployment in Romania down 0.3pp y/y to 5.4 in October

ILO unemployment in Romania down 0.3pp y/y to 5.4 in October

UK Finance minister Jeremy Hunt has gone some way towards restoring Britain's market credibility with a predictable budget

UK Finance minister Jeremy Hunt has gone some way towards restoring Britain's market credibility with a predictable budget

The euro posted gains in early European trade Monday, helped by signs of a German economic recovery

The euro posted gains in early European trade Monday, helped by signs of a German economic recovery

The euro posted gains in early European trade Monday, helped by signs of a German economic recovery

German finance minister Olaf Scholz said on Sunday he planned to give the Germany's financial markets watchdog more power.

The bank will also reinvest the proceeds of any PEPP holdings that mature until 2022, a move that will marginally sustain and prolong the stimulus effect.

UK PM Boris Johnson announces nationwide lockdown measures, telling cafes, pubs and restaurants to close

'Bear With Me,' New ECB Boss Lagarde Urges to Parlament Lawmakers

European stocks now higher with Positive trade sentiment nudges

The major European indices are ending the week mostly higher. The exception is the Italy's FTSE MIB which fell marginally.

The new European Central Bank President Christine Lagarde said the euro zone needs to create more of its economic growth at home.

European car sales hit their highest October level in a decade, an industry body said Tuesday, as the sector recovers from a stall last year.