EUR/JPY as Eurozone Economy Suffers from Impact of Brexit

  • December 18, 2020 3:06 AM PST
    EUR/JPY as Eurozone Economy Suffers from Impact of Brexit

    Looking
    back at the forecasts made a year ago by the DailyFX analysts, I was
    struck by the fact that four of us were bearish the Euro: two against
    the Japanese Yen and one against the Canadian Dollar while I predicted a
    fall against the Swiss Franc.To get more news about [url=https://www.wikifx.com/]WikiFX[/url], you can visit wikifx official website.

      We were all right: EUR/JPY and EUR/CHF both dropped between late
    December 2018 and early September 2019 before rallying later in the
    year; EUR/CAD fell between December and early October before recovering.
    For me, the major surprise in 2019 was that the Euro did not fall
    further, as I had expected the Eurozone economy to be hit by Brexit
    which, of course, did not happen.
    Luis Arce, presidential candidate
    for the Movement for Socialism (MAS) party, center, and his supporters
    celebrate during a news conference at the party's headquarters in La
    Paz, Bolivia, on Sunday, Oct. 18, 2020.
      Bolivias official vote count confirms that socialist candidate Luis Arce won the presidency in a first-round landslide.

      With results from 89% of voting stations tallied from the Oct. 18
    election, Arce had 54.5%, compared to 29.3% for former President Carlos
    Mesa, his closest rival. Mesa conceded Monday.