The big foreign exchange news of the day concerns the Euro and its performance against the Dollar. During the early Monday session, the single currency gained almost 0.1% against the greenback. It may not sound like much, but considering how much of a battering the Euro has been taking from investors over concerns the impact the coronavirus may have over European exports to China as well as lacklustre performances from the German and Italian economies, today’s modest gains stand out, when you consider that the Euro has lost almost 2.5% against the dollar since the start of the month.
