11:32 AM · 19 March 2020

European indices turn negative on the day

Stocks in Europe launched the day higher thanks to a massive stimulus plan announced by the European Central Bank. However, optimism began to fade as the time passed and now indices from Germany, UK, France and Netherlands trade below yesterday’s closing prices. EURUSD also dipped to a new daily low and trades at the lowest level since 2017.

EURUSD broke below February’s low at 1.0777 and trades at the lowest level since 2017. Source: xStation5

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