{"id":1577,"date":"2021-07-21T16:30:07","date_gmt":"2021-07-21T19:30:07","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1577"},"modified":"2021-07-21T16:30:09","modified_gmt":"2021-07-21T19:30:09","slug":"during-the-third-week-of-july-the-euro-has-been-tradingbelow-1-18-close-to-the-lows-of-april-as-concerns-over-the-variantdelta-also-grow-due-to-the-summer-holiday-season","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/07\/21\/during-the-third-week-of-july-the-euro-has-been-tradingbelow-1-18-close-to-the-lows-of-april-as-concerns-over-the-variantdelta-also-grow-due-to-the-summer-holiday-season\/","title":{"rendered":"During the third week of July, the euro has been tradingbelow 1.18, close to the lows of April, as concerns over the variantdelta also grow due to the summer holiday season"},"content":{"rendered":"\n<p><em>Victor Camargo<br>21\/07\/2021<\/em><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Forex<\/strong><\/p>\n\n\n\n<p><strong>EURUSD:<\/strong>\u00a0During the third week of July, the euro has been tradingbelow 1.18, close to the lows of April, as concerns over the variantdelta also grow due to the summer holiday season.\u00a0Meanwhile, wait-if a change regarding the guidance on monetary stimulus during the meetingof the ECB tomorrow.<\/p>\n\n\n\n<p><strong>DXY:<\/strong>\u00a0DXY was trading lower this Wednesday, around 92.76 or-0.23% approximately<\/p>\n\n\n\n<p><strong>Commodity<\/strong><\/p>\n\n\n\n<p><strong>Gold:<\/strong>\u00a0Also falling, the metal was trading close to USD 1800, with theinvestors focus on returning to equities as the swing season continues<\/p>\n\n\n\n<p><strong>Indexes<\/strong><\/p>\n\n\n\n<p><strong>Wall Street:<\/strong>\u00a0Recovering further from Monday&#8217;s slump, US indicesAmericans extended their gains in today&#8217;s session.\u00a0Scholarships must continue withhigh volatility this week due to the swing season, whileinvestors try to set aside concerns about the delta variant of the coronavirus andits rapid spread.\u00a0On the corporate side, Johnson &amp;&#8217;s earnings and revenuesJohnson beat estimates, as did Coca-Cola and Verizon.\u00a0On the other hand,Netflix reported lower-than-expected earnings and new subscriptions on thirdquarter disappointed.<\/p>\n\n\n\n<p><strong>Europe:<\/strong>\u00a0In Europe, the main indices were up for the second day in a row,with the pan-European STOXX 600 rebounding further\u00a0from Monday\u00a0&#8216;s\u00a0<em>sell-off<\/em>\u00a0,with the optimism in the economic recovery of the pandemic leading to new purchases ofenergy stocks, travel and other cyclical stocks cheap.\u00a0The change in feeling camewhen the market&#8217;s focus turned to second-quarter earnings, whilemany investors expect the ECB to repeat its dovish view at tomorrow&#8217;s meeting.\u00a0OSAP technology group raised its outlook for the second time this year due toaccelerated growth, while Dutch paint company Akzo Nobel unveileda 41% main profit increase in the second quarter.\u00a0ASML, one of the biggestsuppliers to semiconductor companies around the world, reported a jump insecond-quarter net profit of 38% with the strong demand for computer chips.In addition, pharmaceutical Novartis increased by a fifth the main net revenue of thesecond quarter, exceeding market expectations.\u00a0The DAX 30 was too high1% to close above the 15,400 level<\/p>\n\n\n\n<p><em>Source:<a href=\"https:\/\/wintrademarkets.com\/\" data-type=\"URL\" data-id=\"https:\/\/wintrademarkets.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/wintrademarkets.com\/<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Victor Camargo21\/07\/2021 Forex EURUSD:\u00a0During the third week of July, the euro has been tradingbelow 1.18, close to the lows of April, as concerns over the variantdelta also grow due to the summer holiday season.\u00a0Meanwhile, wait-if a change regarding the guidance on monetary stimulus during the meetingof the ECB tomorrow. DXY:\u00a0DXY was trading lower this Wednesday, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1577","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hft"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1577"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1577\/revisions"}],"predecessor-version":[{"id":1578,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1577\/revisions\/1578"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1092"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}